I bought insurance for the year in one state but just moved to a different state where I will have to register my car again and get a new license plate. If I already paid for the year, do I have to get new insurance? If I do have to get new insurance, can I get my money back because I didn't drive for the whole year while under my insurance company's policy?
2007-01-13 06:53:57 · 14 answers · asked by Riven 2 in Cars & Transportation ➔ Insurance & Registration
NO
2007-01-13 07:04:48 · answer #1 · answered by cripm88 3 · 0⤊ 1⤋
While it would be best to ask the insurance company, I am confident that the answer is no. Insurance bought in one state is still good in another state. Insurance companies are licensed by the various states to sell insurance in every state. All you need to do is to tell them where you are. With this in mind, there may be a change in the cost of the insurance that will either be a refund to you, or an additional cost that has to be paid. Where you are now depends on what their average cost is in that state. If there are a lot of drivers making claims in the area where you live, then the insurance will cost more. If not, then it may result in a refund of some kind. All of these things have happened to me. Just moving from one part of an area to another made a positive change for me. As far as a refund goes, I seriously doubt it. You have a contract with them for 1 year. They do expect you to honor that contract. Now, IF you might want less expensive insurance, first, join a credit union, then contact the division of Liberty Mutual that writes policies for Credit Union members. Be sure the Credit Union is one that this division of Liberty Mutual does business with. My insurance, with no collision coverage (I'll just sue whomever hits me) costs me $458 per year. Yes, that is very accurate, and it is the truth.
2007-01-13 07:07:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Contact your auto insurance company to find out if they provide insurance in the state where you now live. If they do, they will work with you to update your car insurance policy.
If your auto insurance company does not provide car insurance in the state where you live you can request to have your car insurance policy cancelled on the day you moved out of state, to get a refund back to the date of the move.
If you have a comprehensive car insurance policy it covers losses including theft, fire and vandalism. So even if you didn't drive for a year the auto insurance company would have covered you for other types of losses.
2007-01-13 07:37:20 · answer #3 · answered by ghiagirl 1 · 0⤊ 0⤋
Check the laws on when you are required to register the car in the new state. You might be able to keep your current registration and current insurance policy until it comes due.
If you have to re-register your car within 30 days, for example, and your insurance carrier provides policies within that state, there will be no problem. Just find a local insurance agent in your area and he or she will write a new policy. The money left from your old policy will cover the new policy.
If your insurance carrier only writes policies within the old state, you will need to find a new carrier. Depending on the insurance laws in your old state, you should be able to get a refund.
2007-01-13 08:11:53 · answer #4 · answered by beingsmartisrelative 4 · 0⤊ 0⤋
Typically most nationwide insurance companies are licensed to issue insurance in every state. If that is your case, you may simply contact your agent and report your new address and license plate. If your policy is with a small company that isn't licensed in your new state, you will in all likely hood have to cancel your original policy and request a refund on the remaining premium, as well as find a new company to issue you insurance for your new location. Good luck.
2007-01-13 07:01:57 · answer #5 · answered by Sailinlove 4 · 0⤊ 0⤋
Call and let the insurance know of the change. How far you drive and where you are at determine your rate. It may go up or down a bit. Unless the insurance coverage does not cover that area you need to just change some information.
2007-01-13 07:03:56 · answer #6 · answered by ronnny 7 · 0⤊ 0⤋
Notify your insurance company of your new address. If they're licensed to do business in your new state of residence they'll adjust the premium and send you a bill or refund as appropriate.
If they don't write auto insurance in your new state they'll let you know and give you 30 days notice of their intention to cancel your policy. You'll have to get a new policy from an insurer who does business in your new state. You'll get a pro-rata refund of any unearned premium on the old policy.
2007-01-13 07:05:01 · answer #7 · answered by Bostonian In MO 7 · 2⤊ 0⤋
First thing to do is check with your insurance company. If they provide coverage in the state you have moved to, then they may just have to adjust your policy to comply with the requirements for that particular state. If they do not provide coverage in the new state then you have to also contact them and find out about getting a refund for the unused portion of the policy. I believe most companies will provide you with a prorated refund of the unused term of coverage. Hope this helps you.
2007-01-13 07:02:58 · answer #8 · answered by Bob E 2 · 0⤊ 0⤋
If your insurance company does not provide insurance in the state you are moving to for whatever reason, you will need new insurance.
2007-01-13 06:59:47 · answer #9 · answered by Anonymous · 2⤊ 0⤋
All you have to do is let your insurance company know that you have moved, and give them your new address. Your premiums might change because of the new area you live in, so you might want to ask them about that. You might even want to shop around for a better rate.
2007-01-13 07:00:24 · answer #10 · answered by lj1 7 · 2⤊ 0⤋
Car insurance http://buycheapcarinsurancequotes2016.com/
2016-02-22 08:42:48 · answer #11 · answered by Eric 1 · 1⤊ 0⤋