How to Break Up with Your Auto Insurance

How to Break Up with Your Auto Insurance

Goodbyes are never easy. They’re often long, drawn-out, awkward, and sometimes even painful. But when your auto insurance carrier is no longer providing good coverage or service, it may be time to move on and get coverage from another company. If any of the above applies, you may be wondering how to make the switch. Learn more about what to expect when switching auto insurance companies below.

Reasons to Break Up

While bad coverage and unsatisfactory service are the most common reasons individuals switch car insurance companies, there are other reasons that can interrupt coverage and make it necessary to change providers as well. Some things to consider between a few policies are things like better rates, adding a driver, storing a car, moving, increasing rates, and selling a vehicle.

Reasons Not To

Unless you are leaving because of a lack of customer service, it’s important to check on each of your other coverage concerns with your current provider first and give them the opportunity to remediate the issue and offer different solutions or discounts. Likewise, you may want to consider how your insurance needs may have changed since the coverage was originally granted. Differences in vehicle ownership and family bundles could potentially result in lower rates by dropping collision and comprehensive coverages.

How to Move On

If your mind is made up and it’s time to part ways with your current carrier, it’s best to have a plan in place.

#1 – Last Ditch Effort: Check in with your current policy to see if you have any dates coming up, more specifically, and automatic renewal date. Eliminating the risk of having to dispute a policy renewal will make your switch a lot easier.

#2 – Find a Rebound: Having a new carrier lined up before officially cutting ties with your future-ex-insurer about a month or so before you plan to start your new policy is essential. Shopping for insurance is made easy through online quote generators like this one.

#3 – It’s Not You, It’s Me: Once you have a new provider in mind and the most convenient start date lined up, contact your current insurer and cancel your policy. Some providers prefer to end things over the phone, and others via email or snail mail.

#4 – We Can Still Be Friends: Whatever way the final conversation happened, be sure to get some sort of cancellation confirmation from your previous provider in writing. Additionally, check-in with your new auto insurance company to see if your policy is active.

Using this guide to help give you the initial push when it’s time for things to end should make switching aut