3 Reasons To Contact Your Car Insurance Agent Before You Move
Posted on: 22 July 2016
If you are getting ready to move, you might be thinking about calling a moving company, not your insurance company. However, there are a few reasons why it's important to call your insurance agent before you move.
1. Your Policy Might Require It
Many insurance companies require that you notify them if you move and if your vehicle will be garaged elsewhere from the address that has been listed on the policy. You don't want to file a claim and find that it might be denied because your insurance company does not know about where your car is located.
2. Your Rates Might Go Down
Believe it or not, there is a chance that your rates might go down after you move. If you currently live in an area with a higher cost of living or where there is a lot of crime, you may be paying higher rates to help make up for the risk that the insurance company is taking by insuring your vehicle. This is because in an area where people drive more expensive cars, your insurance company may have to pay out more if you hit someone's vehicle. If you live in an area where there is a higher crime rate, there could be more of a chance that your car will be stolen or broken into, which could increase the insurance company's risk.
If you are moving to an area with a lower crime rate or a lower cost of living, there is a chance that your rates could go down significantly. Also, if you are moving because of life changes -- such as if you are an empty-nester who is moving to a smaller place -- you might also get a reduction due to a change in household size and listed drivers.
3. You Don't Want to Miss Important Documents
Even though you might be planning on filling out a change of address form, you don't want to have to wait to receive important documents from your insurance agent, such as about policy changes or renewals. Ensuring that your agent has the proper address on file will help prevent you from missing anything important.
As you can see, it is essential to call your car insurance agent to let him or her know about your upcoming move. Don't delay on doing this; instead, call as soon as you know when and where you are moving and your anticipated moving date. Also, if you are looking for a new insurance company, consider one like United Counties Insurance Group.
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