No matter what you hear, auto insurance policies are complicated and there are many misconceptions. If it’s been awhile since you’ve reviewed your policy, it’s good to have a conversation with your agent to ensure you have the protection you want.

While you may have premium in every part of your auto policy, it doesn’t mean it’s the right coverage for you. Every coverage category has a dollar limit, and beyond that is your personal liability. It’s important that your coverage is appropriate for your income, assets and risk profile.

Here are eleven questions to consider:

  1. Are you getting all the discounts offered?
  2. Have your circumstances changed? Factors such as a change in marital status, a child away at college, or a change in jobs can impact your premium.
  3. Have your driving patterns changed? Perhaps you’re working from home more, carpooling, or using public transit.
  4. Should you consider a higher deductible? It will lower the premium, but you’ll have to pay more if you have an accident.
  5. How much liability insurance should you have? While Massachusetts only requires minimum coverage, it’s a good idea to choose limits that protect your assets. Increased coverage often is more affordable than one might think.
  6. What is the difference between comprehensive and collision insurance? Comprehensive covers theft and damage caused by an incident other than a collision, such as fire, vandalism, hail, falling trees, or hitting a deer. Collision protects you against damage to your car that occurs as a result of a collision with another vehicle or object, when you are at fault. Without comprehensive and collision insurance, you are at risk for covering all repairs or the total replacement of your car out-of-pocket.
  7. Will my insurance cover my car loan? Since insurance coverage is based on market value, it’s possible that your car has depreciated below your loan amount and you’ll have to cover the difference, if you experience a total loss. Inexpensive GAP insurance can help.
  8. If you have an older car, should you drop collision insurance? The age of a car generally relates to its value.
  9. Has the principal garaging of your vehicle changed? A claim could be denied if you do not inform the insurance company.
  10. Are you using your vehicle for the gig economy? A Massachusetts Auto Insurance policy is a Personal policy and is not intended to support activities such as Uber or Lyft.
  11. If you have a poor driving record, what can you do to improve it?