Getting car insurance in a new state isn't as simple as changing your address. Here are the steps that come with changing over your car insurance.
Checking Your Current Policy
First of all, you will want to check on your current insurance policy to see what its terms are about switching or dropping the policy. Your auto insurance carrier may be able to provide you with insurance in your new state. It might even be necessary to stick with the same provider for now if you have signed a 6-month contract with them. Note that your insurance rates won't always be the same with your insurance provider once your cross over state lines; you might have to pay the difference in premiums to keep coverage.
Getting New Policy Documents
You will need to get new policy documents that you can use to prove your insurance coverage. While you wait for official documents, the company may provide you with a printed confirmation of your insurance coverage. The official insurance card may come in the mail later. Some companies also have mobile insurance cards that are legally valid.
Checking Quotes in Your New Area
When it's time to renew change your auto insurance policy, though, be sure that you evaluate the insurance offerings in your new area before renewing a term with your old insurer. What was the best deal back in your old state may not be the case in your new state.
First of all, look at how your risks for certain types of damage change in your new city. Natural disasters don't occur evenly throughout the country, and you may need more or less protection for things like hail storms and flooding. The same goes for accident rates; they have probably changed in your new city, which means that your risk of collision damage has changed. Theft rates are another thing to look up in your new state.
Another thing to research is the the most affordable auto insurance companies in your new state. Your DMV may list the average premiums with each company that provides insurance in your state.
From there, you can get some quotes with updated rates and find the true best insurance policy in your new home. It may save you a lot of money over the years compared to sticking with the insurance company that was best for you back in your old state. To learn more about the process, visit resources like http://www.powellinsuranceportsmouthohio.com.
After we purchased our first home, we realized that it might be a good idea to evaluate our insurance coverage. Although we had purchased homeowners insurance before, we had never owned a policy as large as the one we would need for our new place. Also, our new home had a trampoline and a swimming pool, which made us worried about liability. To iron out the details, I decided to meet with our insurance agent. We talked about things like monthly premiums, coverage limits, and deductibles, and it was incredible to learn more about the terminology. This blog is designed to help you with the same types of questions.