Renewing your auto insurance might not be the most exciting task on your to-do list, but it’s an important one. Taking a few minutes to review your policy before it is renewed can help ensure you’re getting the right coverage at the right price. Life changes quickly and your insurance needs to keep up.

Here are some smart tips to help you get the most out of your next renewal:

1. Talk to Your Agent

Don't just auto-renew. A quick conversation with your agent can uncover better options, ensure you're not over or under insured and help you understand any policy changes or rate adjustments.

2. Update Your Information

Make sure all your personal details, vehicle information and listed drivers or lienholders are up to date. Inaccurate or outdated information can affect your premiums or cause several issues if you ever have to file a claim.

3. Bring Up Any Life or Driving Changes

Let your agent know if anything has changed. Like a new job with a shorter commute, a teen who got their license, you got married or if you’re working from home more often. These changes can affect your premium and coverage needs.

4. Check That Your Coverage Matches the Value of Your Car

If your car is older and paid off, you may not need full collision and comprehensive coverage anymore. On the other hand, if you just bought a new vehicle, make sure you're fully protected from day one.

5. Review Your Liability Limits

Ask your agent to walk you through what your liability coverage actually means. If your current limits wouldn’t fully protect you in a serious accident, it might be time to increase them, and it often costs less than you’d think.

6. Understand Any Policy Changes or Rate Increases

If your premium has gone up, ask why. It could be due to regional factors, inflation, claims history or rate adjustments. Understanding the “why” helps you make a smarter decision about renewing or adjusting your policy.

7. Compare Deductibles on Collision and Comprehensive

Adjusting your deductible can affect your monthly premium. Keep in mind the deductible would be something you’d pay upfront in the event of a claim, so balancing what you’re comfortable with financially can help adjust what you pay in your premium.

Taking the time to revisit your insurance coverage before renewal is a smart way to stay protected and possibly even save some money. By staying proactive and informed, you can make sure your policy reflects your current needs and provides peace of mind for the year ahead. If you have questions or want help reviewing your coverage, make sure you reach out to your local ERIE agent!