Here are the key things you need to know about whether you should transfer your insurance and how long you have to do so.
If you are moving to a new state, you need to rethink your car insurance.
Should you transfer your car insurance when you move to a new state?
Different states in the U.S. have different laws regarding car insurance. And insurance agents are typically only licensed in the state in which they are located. Therefore, when moving to a new state, you will almost always need to transfer your auto insurance coverage.
Furthermore, where you live and where you regularly park your car can affect the price of your insurance premiums, so you could end up paying less or more when you relocate to another state. So, yes, you almost certainly do need to transfer your car insurance when you move states.
However, if the move is only temporary, you may be able to maintain coverage from your existing state; though, your premium cost is likely to change.
How do you change your car insurance when moving state
You could feel lost as to how to change your car insurance, especially if you are moving to an unfamiliar state.
Well, you can always ask your current insurer about your options. Your insurance company may be able to let you know about other insurers that operate in your new state and which ones sell insurance via the same insurance carrier as your current insurance company.
However, a better option is to begin your search from scratch as you may be able to get a much better auto insurance rate when you compare various insurance companies. You can do that by using a reputable online insurance comparison platform.
For instance, if you are planning on moving to Ohio, you can use the MarketWatch site to find the minimum car insurance coverage in Ohio that is required and the cheapest insurance rate in the state.
You can also find the cheapest insurance for specific types of drivers, such as high-risk drivers and drivers with poor credit ratings.
It is always worth spending a little time comparing different insurers and getting quotes from various insurance companies to find the right option for you.
In fact, even if you are not planning on moving to another state anytime soon, if you want to cut the cost of your car insurance, it is always a good idea to compare different insurers in your state.
How long do you have to switch your car insurance when moving to a new state
When moving to a new state, you are sure to want to know how long you have to transfer your auto insurance. Well, there is no one-size-fits-all answer. Different states have different rules regarding deadlines for switching auto insurance.
So, you should find out what the deadline is for the specific state you are planning on moving to. But one thing is for sure: you should transfer your insurance as soon as possible.
It is especially important that you know how long you have to transfer your insurance policy and you do not forget to make the switch because if your existing insurer knows you are moving out-of-state, it could potentially cancel your existing policy without informing you. The last thing you want is to be left without any insurance in place.
Remember to inform your old insurance company
Once you have transferred your auto insurance, do not forget to let your old insurance company know. You also need to let your old insurer know your new address to ensure you receive a refund check from the insurance company if a refund is warranted.
