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. 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 decide to change your car insurance company, make sure that there is no interruption in your coverage and remember to cancel your old policy. Depending on your insurance company, you may be able to cancel your policy by calling your insurer or agent.
Some insurers may require you to sign a cancellation form. Since drivers must have a minimum amount of liability coverage for cars in almost every state, make sure you have another company before canceling your current policy. You can also get a multi-policy discount if you combine car insurance and renters insurance or a combination of two or more policies with Progressive. Progressive's car insurance calculator can help you select the amount of coverage you need and get the best Florida car insurance rates that fit your budget.
You'll receive a car insurance refund for any unused portion of your policy, subject to any cancellation fees that your insurer may charge. 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. 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. If your vehicle is damaged in a covered accident and you owe more for your car than it's worth, Gap insurance can cover the difference.
This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. If you're interested in changing your car insurance company, you won't have to wait for your current policy to expire. Uninsured motorist coverage covers your medical expenses and those of your passengers if you are hit by an uninsured driver or with insufficient car insurance coverage. Affordability is important to everyone when it comes to car insurance coverage, but your car insurance company should be judged by how it handles claims.
You can change your car insurance policies at any time, whether you bought your policy two days or two months ago. 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.