answersLogoWhite

0


Best Answer
Copy

It is certainly okay to switch insurance companies if it is in your best financial interest. We are a capitalist culture, after all. Everyone should shop around for what's best for them. But be careful about not paying your premium because you believe you've got a new carrier. For instance, you go into a State Farm office, fill out an application, throw away your premium notice for Farmer's - only to find out that State Farm turned down your application. Farmer's could technically drop you for non-payment of premium. Usually, it's best to pay up on your premium, obtain your new insurance, and then contact your old carrier for any reimbursement.

User Avatar

Wiki User

โˆ™ 2017-08-21 01:47:46
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +5 pts
Q: Is it okay to switch insurance companies?
Write your answer...
Submit

Related Questions

If you told an insurance company about an out-of-state ticket they may not have found out about could you switch companies and get a lower rate?

== == NO. The ticket is now on your insurance record, which is open to all insurance companies to look at. No advantage in changing now.


What are the types of insurance companies?

There are two types of insurance companies: life insurance companies and casualty and property insurance companies.


When you switch Home Insurance companies is the previous company still on the hook for a previous claim?

Yes.


Can I switch car insurance companies if my policy isn't up yet?

Yes. If you prepaid for your policy, your insurance company will refund any unused portion.


What insurance companies offer cheaper travel insurance?

There are dozens of insurance companies that offer travel insurance. One of the most popular travel insurance companies is Travelex Travel Insurance.


What are some insurance companies that have motor trade insurance?

There a variety of insurance companies that offer motor trade insurance. Such insurance companies include Allstate, Statefarm, and Motor-Trade-Insurance.


What are the advantages in getting short term insurance?

The advantage of short term insurance is that it is, like the name states, short term. You are free to switch insurance companies frequently instead. Short term insurance can also be cheaper.one


What are some guranteed insurance companies?

There are quite a number of various insurance companies that can be considered guaranteed insurance companies. Some examples of these companies are AARP and Patriot National Insurance Group.


Where could one go to find information how how to switch car insurance companies?

The best way to find information on switching car insurance companies would be to speak with an agent or broker. The broker could run quotes and determine if switching companies would save money.


Which insurance companies are headquartered in Ohio?

There are 256 insurance companies based in the state of Ohio. These 256 companies include American Share Insurance, Westfield Insurance, and Progressive Insurance Corporation.


Which insurance companies offer construction liability insurance?

Some insurance companies that offer construction liability insurance include Goodman Insurance and Progressive. You can learn more about these companies and their insurance plans at their official websites.


How do insurance companies pay doctors?

how to insurance companies pay doctors


Do insurance companies offer antique car insurance?

Insurance companies do offer coverage for antique cars. There are also insurance companies that are specialized in insuring antique cars.


What is the rating for Hartford insurance compared to other insurance companies?

Hartford Insurance is highly rated compared to other insurance companies. They constantly score among the highest companies in the insurance business.


Where can you find a list of health insurance companies in the US?

List of health insurance companies in the US can be found under life insurance companies list. Wikipedia also have a list for US health insurance companies.


What are some of the larger insurance companies in the UK?

One of the larger insurance companies in the UK is the insurance company Legal & General. Another of the larger insurance companies is the company Aviva.


What are some popular companies to buy insurance from in Alabama?

There are a couple of companies that sell insurance in Alabama. Some of those companies include GEICO insurance, Progressive insurance, and State Farm auto insurance.


What car insurance companies have their headquarters in Chicago?

There are many car insurance companies that have headquarters in Chicago. Some examples of these car insurance companies include Lincoln Insurance Agency and American Family Insurance.


Which insurance companies are based in California?

There are four insurance companies based in California. Accident and health insurance companies include Blue Shield of California and State Compensation Insurance Fund. Property and casualty insurance companies include Esurance and CoverHound.


What companies in Texas do lessors insurance?

Landlords Insurance Many companies offer Landlords insurance in Texas. Insurance Plus is one of them.


What are some Canadian car insurance companies?

There are many Canadian car insurance companies that you can receive insurance from. The most popular companies are Belair Direct, RBC Insurance, TD Insurance, ING Direct and State Farm Insurance.


What are the different insurance companies in Cameroon?

what are the emails of the registered insurance companies in Cameroon.


How many ife insurance companies are there?

how many us life insurance companies are there.


What companies specialize in insurance lead marketing?

Many companies specialize in insurance leading. These companies include GEICO, StateFarm, Allstate, and AAA. These are companies that take ride in serving their customers and are quite affordable. These companies also offer quality insurance and helpful customer service on health insurance, car insurance, and renters insurance.


What are some companies that offer golf travel insurance?

There are many insurance companies that off golf travel insurance for their customers. These companies include Travel Guard insurance, which is well known travel insurance company.