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Can you get new auto insurance if you let your old policy expire?

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Wiki User
2012-07-13 14:31:37
2012-07-13 14:31:37
Changing Auto Insurance CompaniesYes, Of Course you can. Just call the insurance company of your choice and ask for a quote. It is extremely common for people to shop new rates upon expiration of the old insurance policy. Many people overpay for their insurance simply due to not shopping around at renewal time.

In Fact, it is the most common time and is even recommended by most agents as the perfect time to shop around for a new rate is upon the expiration of the previous policy.

Most Insurance companies are fully aware that renewal time is the best time to pick up new insurance customers and may offer you a discount of 5 to 10 percent to transfer your business to their company.

Happy Motoring and shop that Rate to save some money.

New auto insuranceThere might be an internal "30-day rule" within certain companies, but you can get insurance with a new company. You may have to do a bit of footwork, and it might not be with a standard carrier, but it is possible.

A carrier with this "rule" is probably just wanting to verify what kind of customer you'd be, particularly in the area of premium payments (are you always on time? regularly late?). Insurance companies are, after all, businesses ... they want to know you'll be a good client.

Do some shopping around, though, and you'll find coverage. Once you've established coverage, however, remember to go back and do some more shopping, especially for better rates.

Related Questions

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Probably as a penalty for letting the old policy expire. Typically, the companies with the lowest initial rates end up costing more due to penalties, rate hikes and possibly dropping you form the policy altogether.

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Yes. Many auto insurance companies will let you purchase a 30-day policy.

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If you carry an SR22 (proof of financial responsibility) on your auto insurance policy, the SR26 is notification sent by your insurance company to the state to let the state know your insurance policy has canceled.

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I can't think of a reason why not. If you want to pay someone to insure something (or someone) they should let you. I suppose it really depends on exactly what the insurance policy is (life insurance, auto insurance, some other general liability insurance). Check with the specific insurance company about the specific type of insurance for an exact answer.

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All drivers should be listed on your policy to be a covered driver. you should add your child to your auto policy for proper coverage.

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