"Makes me wonder though, do most folks here regularly review their deductibles and coverage limits, or only after something happens?"
Honestly, from what I've seen, most people don't even think about their deductibles until they're staring at a claim form. It's human nature, I guess—out of sight, out of mind. But I'd argue that constantly tweaking your deductible isn't always the best move either. Sure, lowering it can save you headaches if something happens, but it also bumps up your premiums. Over time, those extra costs can add up to more than you'd pay out-of-pocket for minor repairs.
I usually suggest reviewing coverage every year or two, or whenever there's a significant life change (new car, moving to a storm-prone area, etc.). But obsessing over it every few months might be overkill for most folks. It's all about finding that sweet spot between peace of mind and cost-effectiveness...
Honestly, it amazes me how many people skip checking their coverage until they're neck-deep in trouble. I get not obsessing over it, but if you live somewhere like Kansas or Oklahoma—places known for crazy weather—it's probably worth a quick glance more often. I mean, imagine losing your whole car to hail and finding out you're not covered...doesn't that scenario alone make it worth double-checking your policy now and then?
Yeah, you'd be surprised how often I see this exact scenario at work. People assume they're covered for everything until they're not. Quick tip: "full coverage" doesn't always mean what you think it does—always worth double-checking the fine print. And honestly, if you're in hail country and skipping comprehensive coverage, that's like going to the beach without sunscreen...you're just asking for trouble.
Had a similar experience a few years back with my '67 Mustang. Thought I was all set with "full coverage," but after a nasty hailstorm left dents all over the hood and roof, I learned the hard way that comprehensive wasn't part of my policy. Now I'm meticulous about checking every detail in the fine print—especially since classic cars aren't exactly cheap to restore...lesson definitely learned.
Totally get where you're coming from with that Mustang situation. People often assume "full coverage" means they're protected from everything, but that's not always the case. Honestly, I've seen too many claims denied because folks didn't realize comprehensive was separate from collision coverage. And classic cars? They're a whole different beast—standard policies rarely cover their actual market value unless you specifically request agreed-value coverage.
One thing I'd add: even if you have comprehensive, check your deductible carefully. I've had clients shocked when they realize their deductible is so high it barely makes sense to file a claim at all. Insurance companies aren't exactly eager to point that out upfront...they're counting on most people skimming through the details.
Bottom line, it's always worth double-checking your policy and asking questions before something happens. Better safe than sorry, especially when you're dealing with something as valuable as a classic car.
