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Watch Out for These Car Insurance Mistakes That Can Cost You

Don’t make these cost mistakes with your auto coverage.

It’s no secret that securing and managing your auto insurance can be difficult.  Unfortunately, many car owners make mistakes with their coverage that end up costing them more than it needs to.  If you do not want to overpay for your car insurance, then make sure you avoid these costly mistakes.

Lying or Omitting Information When Applying for Insurance

While telling a little white lie or concealing certain pieces of information from your insurer might not seem like a major deal, this actually constitutes insurance fraud.  If you get caught lying, then you may experience an increase in your auto insurance rates.  In some cases, your deception can actually result in an insurer denying you coverage.  If this should happen, then you would be flagged as high-risk, making it extremely difficult to find an insurer willing to cover you at an affordable rate.

Canceling Your Previous Coverage Too Early

If you want to switch from one insurer to another, it’s important that you do not cancel your existing policy too early.  This can create a coverage gap that can leave you vulnerable.  For instance, if you canceled your policy a couple of days before you new one started and you got into an accident during this gap, then you would be responsible for all the costs associated with the accident.  So, to ensure that significant costs do not come out of your pocket, make sure that you do not create dangerous coverage gaps.

Making these auto insurance mistakes will end up costing you.  Do you need help securing the right auto insurance to meet your needs and your budget?  If so, then contact the experts at Pierce Insurance Group.  Our dedicated team is eager to get you the coverage that you need today.