Has the cost of your insurance policy increased in recent years? According to Bankrate, the average person pays $168 for full auto insurance coverage or $52 a month for minimum coverage. It's important to find a policy that adequately protects your vehicle and fits within your budget. However, the cost of your policy may not be the only indicator that it's time to review different coverage options. This article will take a look at three signs that you need a different auto insurance plan.

1. Your Policy Is a Year Old

You may have gotten a great rate when you signed up with your auto insurance provider. After a year, that might not be the case. The competition is stiff and it would be a good idea to at least shop around for a new auto insurance plan. See if there are any perks or discounts being offered for a new sign-up. Look for insurance companies that offer free quotes so you can gain a better understanding of the costs associated with different levels of coverage.

2. Your Credit Score Has Improved

Some states will allow insurance companies to factor your credit score in their decision on what rate they charge you. If you live in one of those states and you've seen a significant boost in your score, you could go look at another auto insurance plan in the hopes of getting a better rate. Find a company that guarantees great rates in order to feel confident in your decision to make the switch.

3. Your Vehicle Is Now Registered in a Different State

If you change states, you're going to need a new auto insurance plan. Are you going from a suburb to a city? Your location and your residency can affect the rate of your policy. When you're ready to move, take the time to find licensed agents who can help you learn more about the coverage options for your new area. Licensed agents are more dependable and have a greater understanding of the needs of drivers.

Insurance plans are a necessary part of driving and should also provide the level of protection you need in order to have peace of mind while on the road. Are you interested in changing your auto insurance plan? Contact Ramsey Family Insurance today and let our team find a policy that works for you!