Are you going on vacation soon? If so, you’ll need to make sure that everything at home is safe while you are away; however, you’ll also need to ensure that assets that you interact with while you are away are adequately protected. After all, accidents can still happen while you are on your way to the airport or are in a rental car. In this post, we’ll take a look at some common auto insurance changes that people make before going on vacation. Are these right for you?
Should You Alter Your Auto Insurance For Vacation?
Insurance policies should be as fluid and accommodative as your lifestyle demands. For clients that like to travel, this may mean changes to an auto insurance policy; if it makes sense for you, go for it! Let’s take a look at some insurance changes you may want to make to your auto insurance policy prior to going on that vacation you’ve been dreaming of!
Change #1: Auto Insurance Upgrade for Vacation
If you have a basic, state minimum automobile insurance policy, you probably don’t have features like rental car coverage or full coverage for a car being totaled. When you’re on vacation, accidents do happen, and you want to make sure you’re prepared for anything. You may also want to insure your rental car with the rental place, depending on how much you will be using the car, though insurance policies with car rental companies are generally much more expensive than through your insurance agent in Stone Mountain.
Change #2: Auto Insurance Downgrade Before Vacation
If you want to save a little bit of money while you’re away, you can also downgrade your auto insurance – especially if you will be away for a while. Some people find that it doesn’t make sense to continue paying full price for all of the bells and whistles on their auto insurance policy while they aren’t even driving the car. However, keep in mind that bad things can still happen to your vehicle while you are away. This is a calculated risk, but if you’re willing to take it, you can make insurance changes (like reducing to a state minimum policy) that will help you save a bit of money while you are away.
Change #3 (Not Recommended): Auto Insurance Cancellation
First of all, if you have a lien on your car, this won’t be possible. However, if you own the car outright, you have the option of canceling your auto insurance policy while you are on vacation. Bear in mind that your car will no longer be protected (monetarily) against disaster while you are away. If your house catches fire with your car in the garage, you will not be able to file a claim on the car.
Talk to an Insurance Agent in Stone Mountain
Not sure what to do? Talk with an expert insurance agent in Stone Mountain about your upcoming trip, and we’ll discuss your options for making changes to your auto insurance policies. After all, we want you to be both physically and financially safe while on vacation – there’s no need for additional stress. Get in touch with us today!