You have a lot to consider when you move. Besides packing, moving, and then unpacking all of your belongings, you need to update your address and telephone number with any number of companies such as banks, credit card companies, and utility providers.
Your responsibility does not end there. Whether or not you keep the same vehicle and have the same drivers on your policy, you need to be sure that you manage your car insurance properly when you are moving.
Deciding if You Need to Change Your Coverage
As soon as you know that you will be moving and where you will be moving to, inform your auto insurance company about the move. When you speak to your agent:
Ask whether your company does business in your new location.
Find out whether you need to change your car insurance coverage.
Some states require liability insurance, while others are known as no-fault states.
Let your agent know if you’ll be adding or removing any drivers from your policy.
Complying with State Insurance Requirements
Different states have different levels of required coverage, and you may need to increase your car insurance coverage limits if you are moving out of state.
If your new state has lower required car insurance coverage limits, you might be able to lower your premium if you feel comfortable reducing your coverage level; however, understand that lowering your limits increases your risk.