By: William Forbes
I'd like to use today's blog to remind my clients, and anyone who has insurance, that there are a handful of times when it's absolutely necessary you pick up the phone and contact your agent. If you have made any of the changes listed below, or have been involved in a claim, it's so important to get the details to your agent. Regarding the situations below, if you don't inform your agent, you may not be covered by your insurance policy.
I can't stress enough how important it is to tell your agent about:
A Change of Address - Without the proper address on file, your insurance company may be sending critical communication to the wrong location. Even if you do not receive these communications, you are still responsible for the information detailed inside. Additionally, if you have homeowners or renters insurance, you want to be sure your policy is set up to protect the correct property. Finally, counties and cities have different insurance ratings, meaning if you move and don't inform your agent, you could be missing out on savings. It's your responsibility to inform your agent of a change of address.
Additional or Replacement Vehicles - When you replace one vehicle on your policy with a new one, or if you plan to add another vehicle, it is crucial that you inform your agent. Generally, in Pennsylvania, it is your responsibility to inform your agent of an additional vehicle within 14 days. While you get a bit longer to report a replacement vehicle. I tell my insureds to report either as soon as possible, to avoid issues with coverage.
One thing to note here - many people think when they purchase a new vehicle the dealer will contact their insurance company. This does happen in some cases; but, it is the insured's responsibility alone to report new and replacement vehicles to insurance. Don't rely on your car dealer to add a vehicle to your policy.
Adding or Excluding Drivers - If you have someone who is regularly driving your car, or if there is someone prohibited from driving it (called an exclusion), you need to inform your insurance agent. In the event of an accident, without the proper drivers listed on the policy, coverage may be denied.
Structural Changes to a House - Putting an addition on your home? Installing a pool? Any structural changes to your home need to be detailed in your insurance policy. These changes can affect the value of your home, and can mean it's time for new or additional insurance coverage to protect your family.
A Claim - If you've had a home or auto claim, involve your agent. Your agent is your insurance advisor and can help you through the process. Including your agent is about more than just getting your claim reported. An agent can guide you through the claims process, and can act as your advocate with the insurance company.