The point of having truck insurance is to save you money. If you are in an accident, having the right truck insurance can save you from expensive lawsuits or having to pay out thousands to fix your truck. However, your current policy may not be the best one for you. There are many good reasons to compare truck insurance quotes, but how do you know when it’s time to do that? Here are some signs that it’s time to compare truck insurance quotes.
5 signs that you need to compare truck insurance quotes
#1. Your monthly premiums are high
Truck insurance is probably one of your biggest expenses. It is also one of the major areas where you can save money. Insurance rates vary greatly among owner-operators. One driver might pay $12,000 a year in premiums while another pays $5,000 a year. So, if you are having trouble paying your monthly premiums, then shopping around might help.
#2. You’ve recently installed deer guards on your truck
Having deer guards installed on your truck can sometimes save you money depending on other factors, such as where you live. So, if you have recently installed deer guards on your truck, then you should compare rates.
#3. Your credit scores have changed for the better
Credit scores can affect your commercial truck insurance rates. So, it is a good idea to compare rates if you have recently had a change in credit for the better. Maybe a bankruptcy or judgment fell off your credit report in the last year. If so, then make sure you check rates again. You might be able to get a better rate for truck insurance if you now have a better credit score.
#4. You’ve changed your garaging location
The location where your truck is kept may change your insurance rates significantly. Therefore, if you have recently had a change in garaging location, not only should you inform your insurance agent, but you should also compare rates too.
#5. Your driving record has changed
If your driving record has changed for the better, you should definitely compare insurance rates again. Maybe it has been a couple of years since you have changed insurance policies. Insurance companies usually only look three to five years back. So, an old ticket may no longer be relevant. Also, if you got a ticket removed from your record, then you should definitely compare rates again.
How to compare truck insurance quotes and save
So, now you might be wondering how to compare truck insurance quotes. It’s really easy when you work with our team of truck insurance experts. Just follow these three steps.
- Fill out our quick online quote form or give us a call – Provide your name, phone number, type of truck, and so on and we can reach out to you to discuss your insurance needs. From there, we’ll shop for you to get multiple truck insurance quotes.
- Compare oranges to oranges – When you receive your truck insurance quotes, make sure you compare apples to apples and oranges to oranges. Look at the different types of coverage and the amount of coverage that each insurance company offers. Our team will be happy to go over all of your options with you.
- Purchase your policy – After you have received multiple quotes and compared policies, then you are ready to buy your truck insurance.
- Hit the road with peace of mind.