Do you plan to ring in the new year with a new car? While you may acquire new keys, new miles, and new debt, you could be carrying over the same dusty old auto policy from two cars ago.

To avoid being underinsured, it’s best to take a closer look at your auto policy now.

That Shiny New Car Comes With New Risk

A newer vehicle doesn’t just cost more. It breaks differently. Repairs aren’t getting cheaper either. Sensors, cameras, integrated tech: one fender bender, and you’re staring down a $3,400 bill for a bumper that used to cost $600.

If your current policy still thinks you’re driving a 2011 commuter with manual locks, you probably won’t be made whole.
Franklin Insurance Agency works with Rio Rancho, NM, auto insurance clients to prevent coverage gaps. We don’t wait for the claim. We get ahead of it.

Why Legal Minimums Aren’t Enough

If your policy just meets New Mexico’s liability minimums, you are likely underinsured. It means you only have $25,000 for bodily injury per person, $50,000 for all bodily injuries per accident, and $10,000 for property damage per accident. That doesn’t account for modern repair costs or medical bills.

More importantly, it doesn’t protect you, your vehicle, or your passengers.

We help drivers move beyond checkbox coverage. For example, we can get you a quote for comprehensive auto insurance to cover damage to your vehicle, or uninsured/underinsured motorist insurance to cover damage caused by uninsured and underinsured drivers.

When To Review Your Policy? Right Now

You need to review your policy whenever you:

Buy or lease a vehicle
Change jobs, commutes, or parking locations
Move in with someone (or out)
Have a new teen driver
Upgrade or modify your vehicle

Don’t Wait for a Wake-Up Claim

At Franklin Insurance Agency serving Rio Rancho, NM, we help drivers right-size their policies before the deductibles and exclusions start writing the story for them. Call us. Bring the new keys, bring the questions; we’ll bring the clarity.