How do I switch car insurance companies?
Do you wonder if you should switch car insurance? If so, how hard is it to switch car insurance companies? It pays to shop around. We have the answers on how to easily and effectively do this.
Start by getting a rating on your car insurance company. How good are they? When you first bought insurance from them there was no way to know. Information on the quality of insurance is only recently available. Just click the button below to get a rating on your car insurance company.
If your company scored well, all you need to do is make sure you’re getting a fair price. If your company didn’t score well, then it’s time to find a better company.
What’s a fair price for my car insurance?
Start with the ValChoice car insurance calculator. Just click the button below. We show you what’s a fair price for your car insurance. We also show you how insurance is priced so you can take control and decide where to make tradeoffs. Jut click the button below. The calculator is one of several free tools from ValChoice.
How to Switch Car Insurance Companies
ValChoice offers two ways for you to switch car insurance companies easily, at no cost. If you like to be in control and do things yourself, click the button below and go to the best car insurance companies web page for your state. ValChoice analyzes every company in the industry and publishes the names of the best companies.
You probably haven’t heard of these companies. These are great insurance companies. These are not big advertisers. Yes, there’s a difference between those two types of companies. Determining these companies is based strictly on data analysis, not the size of their advertising budget. That’s why our list is very different than any other list you will see on the internet. Click the button below to go to the best companies pages.
If you’re the type of person that wants someone else to handle the details, go to the Find an Insurance Agent page on ValChoice.com. ValChoice lists agents that represent the best companies. If an agent doesn’t represent at least one company that scores above 68 on the ValChoice scale, they cannot be listed on our find an agent pages. Just click the button below to find an agent near you.
Important Tips – No Matter What Type of Shopper You Are
Don’t Skimp on Quality
Everyone should check the quality of their insurance company. It’s easy to do, and it’s free. Just click the button below and get a rating on your insurance company.
Before you switch car insurance, get a new policy
When you switch car insurance, always have a new policy in place before canceling your old coverage. You don’t want to have a lapse in coverage for even one day. Your new company will be able to time the onset of your new policy to coincide with the cancellation of your old coverage.
You don’t have to wait until renewal
All standard auto insurance policies contain a provision giving you the right to cancel your policy at any time, once proper notice is given to the insurance company. You don’t need to wait until renewal time.
How to cancel your old auto insurance
Generally, all you need to do to cancel your auto insurance policy is to inform your insurance company in writing, specifying the date you want the policy canceled and the reason for the cancellation. If you’ve sold a car, you may be asked to provide a bill of sale, but only if you’re asking the company to “backdate” the cancellation. If you are simply switching to a new company, there’s no need to prove this, unless you’re canceling a policy mid-term.
Confirm cancellation
Don’t just walk away from your old policy without formally canceling it, because most policies are “continuous” – which means your policy will continue to be renewed every six or 12 months, unless you cancel it. If you fail to cancel, your auto insurance company will continue to bill you for insurance and will eventually cancel the policy for failure to pay. Then, you have bills to dispute and phone calls to make! It’s usually easier to cancel in writing when you’re ready to switch.
When you receive an official policy cancellation notice from your car insurance company stating the date and time when your coverage will stop, you’ll know your cancellation has been processed correctly.
Price Isn’t Everything
No matter how inexpensive insurance is, if it won’t pay a claim, it was a waste of money. Don’t waste your money. Be sure to know the quality of the insurance you buy. You can do this easily with a ValChoice rating.
About Dan Karr
Dan has been a CEO or Vice President for high-technology companies for over 20 years. While working as a Senior Vice President of Marketing and Sales for a technology company, Dan was seriously injured while commuting to work. After dealing with trying to get insurance companies to pay his significant medical bills, or to settle a claim so Dan could pay the medical bills, he became intimately aware of the complexity of insurance claims. Dan founded ValChoice to pay forward his experience by bringing consumers, insurance agents and financial advisors easy-to-understand analysis needed to know which insurance companies provide the best price, protection — claims handling — and service.
