Under law you have 14-day window to cancel car insurance. This cooling-off period exists to allow policyholders to take stock of what they have bought. During the cooling-off period you’re free to change your mind and cancel your policy for any reason at all. Some insurers will charge ...
When you move to a new state, it helps to contact your insurance provider immediately to ensure that your policy aligns with the car insurance laws in your new location. If you have ever wondered how to cancel your car insurance, Bankrate can help. The process isn’t difficult, but knowing...
When you don’t have any insurance, it is uninsured insurance. Moreover, if the car owner does not have enough insurance to cover the victim’s car damage, then it will be called underinsured insurance. Furthermore, this type of coverage helps you to cover the cost of medical bills, suff...
Unless you’ve had a dramatic change of heart or circumstances, it’s unlikely that you’ll want to sell your car within two weeks of buying it. However, this isn’t impossible, so you may be pleased to learn that when you take out car insurance, you have a minimum 14-day cooling-o...
Not every car insurance policy is a perfect match. And because of that, you may want to cancel your policy and get a new one with a different insurer. Thankfully, you can cancel your car insurance policy at any time. However, there are a few critical things to remember before you part...
Change your coverage:If your car is fully paid off and worth less than $4,000, consider dumping your collision and comprehensive coverage. Your liability insurance should be sufficient for your needs. Buy a cheaper used vehicle:Older cars tend to attract lower rates as their value depreciates....
Don’t simply plump for the first quote you find. Always compare quotes for car insurance. Remember all the other factors that make up a premium quote, not just your job. Do you have to tell your insurer if you change jobs? As with everything in insurance you do have to tell your in...
» MORE:What is auto insurance? Here are eight ways to help you save money on car insurance. 1. Shop around Although auto insurers use similar factors like age, driving history and location to calculate your car insurance costs, they weigh these factors differently. That’s why it’s impo...
1. Get an Online Car Insurance Quote The first step is to get a quote either through an insurer’s website or by using a free car insurance quote tool like the one below. To receive your quote, you’ll need to provide the following information: ...
Car insurance is more than just a legal requirement or another expense to account for in your budget. Car insurance is a contract between you and an insurer that offers financial protection if you are found liable for property, medical or other damages that result from a covered accident. And...