Managing Your Car Insurance During a Move

by Emily Shuffield 02/09/2020

Image by Suphaksorn Thongwongboot from Shutterstock

When relocating to a new home, you’ll need to plan to pack, hire movers, and to change your address with the post office but don’t forget to update your car insurance. If you’re moving to a new state or just to a new zip code, you will have to make some changes to your insurance to ensure you’re covered at your new residence.

Do You Have to Change Your Car Insurance When You Move?

Each state, and sometimes counties and cities, set the requirements for auto insurance coverage. Some states require a higher level of accident coverage, while others may require a coverage lower than what you already have. You need to adjust your policy to suit the demand of the state. If your current coverage meets the requirements, your premiums may still change. 

Decide on an Insurance Provider

As soon as you are confident you will move, contact your insurance company to see if they conduct business in your new state. Ask your insurance agent about the rules of your prospective state and if you need to change your policy. Doing this early gives you enough time to make the necessary adjustments and have them in place for when you move. If the company you use does not operate in your new state, take some time to research your options. 

Insurance costs vary from one carrier to the next because each company emphasizes different factors that might affect your vehicle in your new location. If you need to change your current insurance company, plan to compare prices and policies from at least three different carriers before deciding on which provider you want.

No-Fault Coverage

Some states in the US require car owners to have "no-fault" insurance coverage. No-fault coverage means that a car owner's insurance company covers any loss, medical bill, or funeral expenses caused by a car accident irrespective of whose fault the accident was (yours or the other driver). You have to find out if your new state has such a law so that you can put the required coverage in place.

Insurance Premiums

Insurance companies factor the chances of various events occurring before determining your premium. Relocating to another state might increase or decrease the likelihood of you making a claim due to theft, vandalism, or accidents. If you move from a small town to a larger city, it is likely your payments will increase. 

For more clarification on your car insurance, speak to an agent in your insurance company before the day of the move. Your realtor can recommend the best options for you to choose from in your new location, so add that to your talking points for the next meeting.

About the Author
Author

Emily Shuffield

Dedication | Communication | Trust
I’m dedicated to helping my clients navigate the home buying/selling process as they shift from one chapter to another. This process isn’t just about finding a house, it’s about building a home. The people you’ll meet, the schools you’ll choose, the community you’ll join… this process is so important for so many reasons and ultimately will shape who you become. I’m committed to helping you and your family make the right decisions, provide you with industry expertise and realistic expectations to insure your story has a perfect ending.

Things that make me happy:
● Family is what I live for – Work Hard – Play Harder
● I LOVE lifting heavy things!
● Everything Outdoors: Campfires, 14ers, boating, fishing, snowboarding & the night sky.
● Bourbon Connoisseur – I love them all but a few of my favorites: Blanton’s, Basil Haden, Woodford Reserve, Knob Creek, Elijah Craig, Angle Envy and Bookers.

Little-known fact…
While I am a Colorado Native, I was extremely blessed at a very young age and had the privilege of traveling the world with my dad and sister. In fact, I have traveled to more individual countries around the world than I have states within the US.  Some countries that I have visited; Spain, Italy, Australia, Costa Rica, Scotland, Switzerland, Mexico, England and India.

Are we a good fit?
Specializing in Parker and the extended surrounding areas, I’ve helped everyone from first time home buyers to savvy investors. My goal is to take what seems to be a complicated process and transform it into a less stressful more rewarding next chapter for you and your family |
Real Estate Negotiation Expert (RENE) | Accredited Buyer Representative (ABR) |
Diamond Circle Award Winner 2018 & 2019 (qualified) | Member of the National and South Metro Denver Association of Realtors|

I’ve always said: if you can’t say it best yourself, find someone else to say it for you…
"Excellent Realtor!! Could not have found a more reliable, honest, and knowledgeable realtor. She is beyond AWESOME, wish I had another house to buy or sale I would list it with her without a doubt." -Jeremy and Natalie Huffman

Are you ready to start your next chapter? Let’s do it together!

Emily Shuffield |303-564-3021| [email protected] | www.MileHighHomesCO.com