When you move, there are lots of things to remember… changing your address on bills, transferring subscriptions to the new address, forwarding your mail, etc. But one thing that can be easily forgotten in the shuffle is letting your insurance company know about your new address.
Why Does It Matter If I Forget To Tell My Auto Insurance Company That I Moved?
The short answer: Because they can refuse to cover you if you are in a car wreck and failed to change your address. Wouldn’t that be horrible! You may not remember this, but the contract you signed when you first purchased auto insurance policy (the policy itself) probably included a section requiring you to inform the company of any moves. If you don’t tell the insurance company of your new address within a certain time, you could be in violation of your insurance contract.
Why Does An Auto Insurance Company Care That I Moved?
Insurance companies charge premiums based on a number of factors, including your geographic location. For instance, if you moved from an area with a lot of people and a lot of car accidents, to a more rural area where less accidents occur, your premiums may be reduced. Insurance companies want to make sure they are charging you proportionately with the amount of risk they are taking by insuring you in the correct location.
What If I Moved From One State To Another?
In this case, it is EVEN MORE IMPORTANT to inform your auto insurance company of your move. Not only will this effect your premium, but different states have different laws when it comes to the types and amounts of auto insurance coverages drivers have to maintain. For instance, if you move to Louisiana from Mississippi the law would not require you to have as much liability insurance as you did while in Mississippi.
The bottom line: don’t forget to inform your auto insurer that you moved. It is not worth the risk.
Have You Been Injured In A Car Accident With A Driver Whose Insurance Is Denying Coverage?
If you have been injured in an accident with a driver whose insurance is denying cover contact us online or call our Covington office directly at 985.590.6182 to schedule your free consultation today. Flattmann Law serves clients on the Northshore, including Covington, Mandeville, Abita Springs, Bogalusa, Franklinton, Folsom, Hammond, Lacombe, Pearl River, and Slidell.