Your car insurance could increase or decrease depending on several factors, including the claim history of your new area. When you move from another state, you'll need a new car insurance policy, even if you can stay with the same insurance company. Your insurance company will cancel your old policy because each state has different coverage requirements and regulations. At Progressive, we have a team of representatives dedicated to managing your move quickly and smoothly.
When changing car insurance companies, it's usually your responsibility to cancel coverage with your old insurer. Your new insurance company can provide proof of insurance to your old company if needed, but it's generally not authorized to cancel a policy with another insurer on your behalf. After purchasing a new policy, you should immediately contact your old insurer and cancel your old policy. You'll receive a car insurance refund for any unused portion of your policy, subject to any cancellation fees that your insurer may charge.
When buying a new car, your insurance company will provide you with a grace period of between 7 and 30 days to update your policy with your new trip. For example, Progressive allows 30 days, which means that if you file a claim within that period, your new car will continue to be covered in the same way as your old vehicle. Since almost every state requires drivers to have liability coverage, you must have a current auto policy with another insurer when you cancel with your current insurer. In addition, if you finance or lease your vehicle, your lender or leasing company will normally require comprehensive coverage and collision coverage.
Make sure your new policy covers your vehicle for physical damage. You can avoid an interruption in coverage by ensuring that the cancellation date matches the start date of your new policy. Your location, where you park your car every day, is a key factor in determining the price of your car insurance coverage. You can change your car insurance policies at any time, whether you bought your policy two days or two months ago.
While your rate might be lower when a new car insurance company quotes, its protection and claim compliance may not match the standards of your current insurer. If you're interested in changing your car insurance company, you won't have to wait for your current policy to expire. Keep in mind that if you're moving to another state, you won't have to change insurers unless your insurance company doesn't offer coverage in that state. Switching car insurance is easy, but make sure that the coverages, limits, and deductibles in your new policy reflect what you have with your current insurer.
If you're moving to another state, check with your car insurance provider to make sure they offer coverage in your new state. You can generally add someone else's car to your policy if you also share the same car insurance policy, which normally also requires living together. For example, married couples who live together and share car insurance can add both of their cars to their policy, even if the vehicles aren't jointly owned by the couple. Keep in mind that other factors may affect your car insurance rate if you're starting a new car insurance policy.