---
title: 3 Insurance Mistakes You Probably Made in 2021 — And How to Fix Them
description: Most people view insurance as something they need to have. And while that’s true, few take the time to understand it and figure out if…
published: '2021-11-17T21:19:43.000Z'
modified: '2022-05-23T18:21:00.000Z'
section: Insurance
tags:
  - Adsbymoney
  - Guides
word_count: 356
canonical: https://money.com/3-insurance-mistakes-you-probably-made-in-2021/
type: Article
source: structured-blocks
---

> **Disclosure:** This article was made possible through advertising relationships with one or more of the advertisers listed on this page whose products and services we think our readers will find valuable. This article was written by our Ads team and doesn't necessarily reflect the views of Money's editorial team. [Learn more](https://money.com/page/disclaimer/) about how we make money.

![Pensive retired gentleman](https://img.money.com/2021/11/3-Insurance-Mistakes-Every-Retiree-Should-Avoid.jpg)

Most people view insurance as something they need to have. And while that’s true, few take the time to understand it and figure out if they have the right amount.

To plan a healthy financial future, sometimes it helps to take a look at your insurance policies and find the weak spots that can be straightened out.

Here’s a list of three common mistakes you could be making right now, completely unaware:

## **1\.** **Sticking with an old car insurance policy instead of re-shopping**

As consumers, we are historically used to overpaying for car insurance because of increases in premiums.

If you haven’t been involved in a recent accident or traffic violation, you may be eligible for more affordable coverage. You can end up saving hundreds of dollars on your premium by simply re-shopping your auto insurance.

Request a free quote from [Progressive](https://money.com/pr/d3a694fb6037?ap_referrer=https%253A%252F%252Fmoney.com%252F3-insurance-mistakes-you-probably-made-in-2021%252F) today. With customizable premiums, you’re bound to find a policy that works for you without breaking the bank.

## Protect yourself and your car with Auto Insurance

### ee if you can save on your car insurance policy. Click your state to get started.

[View Rates](https://money.com/pr/u7e681982e1e?ap_referrer=%2F3-insurance-mistakes-you-probably-made-in-2021%2F)

## **2\. Not having enough Life Insurance**

We all want to look out for our family and do it right.

Life Insurance allows you to take care of your loved ones, not just now, but also after you’re gone. Typically, we lean on our life insurance through employee benefits and this may not be enough.

We usually see these plans not covering enough for your family, adjusting based on your current health, or just not being your cheapest option.

With [Bestow](https://money.com/pr/y0dbf082ae04?ap_referrer=https%253A%252F%252Fmoney.com%252F3-insurance-mistakes-you-probably-made-in-2021%252F), you can apply completely online and get a fast quote for no-exam life insurance. With policies of up to $1.5 million, you’ll surely find coverage that works for you and yours.

## Secure your family’s wellbeing with a $1.5 million policy

### With a Ladder Life Insurance policy, you can get the kind of peace of mind that is truly priceless. Click below to get started

[Get Quotes](https://money.com/pr/vbd7c1d1cde6?ap_referrer=%2F3-insurance-mistakes-you-probably-made-in-2021%2F)

## **3\. Not requesting a Pet Insurance quote**

Like most insurance, a pet policy is a hedge against the worst happening. More Americans have pets this year than ever, and we all ***love*** our furry-friends - so why take the risk of not having insurance?

According to NAPHIA, because of 2021's increase of pets: pet insurance prices are dropping and vet bills are rising.

[Pumpkin](https://money.com/pr/v00ce1275939?ap_referrer=https%253A%252F%252Fmoney.com%252F3-insurance-mistakes-you-probably-made-in-2021%252F) is our top choice for cats and dogs, they cover full-dental and even microchipping so that we never lose our furry-friends.

## Pumpkin Pet Insurance helps you save on tests, vaccines, and essential care for your furry friend

### Start saving on routing pet care today by getting a free quote below!

[Get a Free Quote](https://money.com/pr/zf630a00f3b1?ap_referrer=%2F3-insurance-mistakes-you-probably-made-in-2021%2F)

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Insurance",
          "item": "https://money.com/insurance/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Insurance Policy",
          "item": "https://money.com/insurance-policy/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "3 Insurance Mistakes You Probably Made in 2021 — And How to Fix Them"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/#webpage",
      "url": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/",
      "name": "3 Insurance Mistakes You Probably Made in 2021 — And How to Fix Them",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2021-11-17T21:19:43.000Z",
      "mainEntity": {
        "@id": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/#breadcrumb"
      },
      "dateModified": "2022-05-23T18:21:00.000Z"
    },
    {
      "@type": "Article",
      "headline": "3 Insurance Mistakes You Probably Made in 2021 — And How to Fix Them",
      "articleSection": "Insurance",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2021/11/3-Insurance-Mistakes-Every-Retiree-Should-Avoid.jpg",
          "width": 6298,
          "height": 4199,
          "caption": "3-Insurance-Mistakes-Every-Retiree-Should-Avoid"
        }
      ],
      "author": {
        "@type": "Organization",
        "name": "Money",
        "url": "https://money.com/",
        "@id": "https://money.com/#organization"
      },
      "publisher": "https://money.com/#organization",
      "datePublished": "2021-11-17T21:19:43.000Z",
      "description": "Most people view insurance as something they need to have. And while that’s true, few take the time to understand it and figure out if…",
      "abstract": "Most people view insurance as something they need to have. And while that’s true, few take the time to understand it and figure out if…",
      "@id": "https://money.com/3-insurance-mistakes-you-probably-made-in-2021/",
      "inLanguage": "en-US",
      "dateModified": "2022-05-23T18:21:00.000Z",
      "wordCount": 356,
      "keywords": [
        "Adsbymoney",
        "Guides"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Insurance",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Insurance"
          ]
        },
        {
          "@type": "Thing",
          "name": "Insurance policy",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Insurance_policy"
          ]
        }
      ]
    }
  ]
}
```