Changing car insurance companies can save you hundreds of dollars a year, and it won't cost you anything to look for cheaper rates. You can change your car insurance at any time, not just when your insurance policy is pending renewal. Yes, you can change your car insurance coverage in the middle of the policy or at the end of the current term. If you're currently paying high rates to a poor quality company, switching right away may be the smartest choice.
Switching to car insurance also won't negatively affect how auto insurers view you as a potential customer. In general, you won't be penalized for changing car insurance companies, no matter how often you change insurers. Saving money is one of the main reasons to switch car insurance companies, and there are many ways to save with a different insurer. Make sure your new insurance starts before your old policy expires so you don't face legal penalties for driving without insurance.
We'll describe some of the best reasons to switch below, along with some reasons why you might not want to switch car insurance. If you've ever taken out car insurance, you've probably considered changing car insurance companies at some point. The Guides Auto team has researched the best car insurance policies in general and have found that there are no problems when changing car insurance frequently. For the most part, switching to car insurance gives you the opportunity to get better rates, better service, and coverage from another provider.
If you've already found a new insurance company, call your current insurer and ask about their cancellation policy. Accident forgiveness, different deductibles or policy conditions, and savings opportunities when combining auto coverage with home insurance may be reasons to leave an old insurance company. Without car insurance, you may have to shell out thousands of dollars after an accident, theft, vandalism, or weather event that damages your car. Drivers rarely consider switching car insurance to be a bad decision, so there are plenty of reasons to consider different companies.
If price is your main consideration when switching, talk to your current insurer to see if it's willing to match your lowest offer before committing to changing car insurance. While you probably don't want to change your car insurance company every couple of months, switching insurers from time to time isn't a problem. State Farm is the largest auto insurance company in the country, thanks in part to its discounts and excellent customer satisfaction scores. Insurers charge significantly higher rates after a lapse in coverage, so make sure you have car insurance at all times.