These car insurance errors could end up costing you big.

If you’re like most motorists, you’re always looking for ways to save on your auto insurance policy. You know you need coverage but you want to keep costs as low as possible. We understand that you need to find affordable coverage quickly, but rushing through the process could result in costly mistakes. Take a look at common and costly auto insurance mistakes to avoid when picking a policy.

Choosing a low deductible.

Many drivers agree to pay a low deductible so that they can afford coverage if they need to file a claim. What many don’t know is that the lower your deductible, the higher the premium. If you don’t drive your vehicle often or don’t file claims often, you could be losing money monthly. Consider raising your deductible so that it is still financially feasible if you need to file a claim.

Opting for minimum coverage.

Most states have legal minimum requirements that motorists need to obtain. However, many drivers stop there and do not acquire additional coverage or consider raising the limits of their policy. While this can save money, there is no guarantee that you won’t end up in a collision that financially exceeds your policy. The minimum requirements of a policy are the bare minimum, but motorists should pay for the coverage they really need.

Not reviewing at renewal time.

When it comes to renewal time, always look over your policy and make sure coverage still suits your needs. Talk to your insurer and ask if you qualify for any discounts. Being too lazy or complacent could end up costing you money.

Ensure you’re not paying too much for auto insurance than you have to by avoiding these costly errors. For help securing auto insurance in your local area, visit the team at Tompkins Insurance Agencies.