How to Switch Your Car Insurance

Whether you want to switch car insurance in order to secure a better deal, or you’re wondering about how to switch insurance to a new a car, take a moment to read our handy guide. We’ll cover everything you need to know when it comes to switching car insurance. Then, reach out to a Five Star Automotive Group dealership near you for assistance. We have locations in Alabama, Tennessee, Georgia, South Carolina, Indiana, and Ohio, so we’re likely close by! 

Switching Car Insurance: 101 

There are two common situations in which you might switch car insurance: to get a better deal or to transfer a policy to a new car. Take a moment to learn about the steps of how to switch car insurance for a better deal, as well as how to switch insurance to a new car, below:

Step 1: Determine What Coverage You Require 

You’ll need to first decide what kind of coverage you’re shopping for in the first place. Is it an old car with just a year or two left in its motor that you want liability coverage for, or are you looking to get comprehensive and collision coverage for a new vehicle? You can always reach out to one of our financial advisors if you’re uncertain about which plan is right for you. 

Step 2: Shop for Insurance Coverage 

Once you’ve determined what type of coverage you need and what your budget is, you’ll want to shop around for the best deal. Consider getting multiple offers from companies like State Farm, Allstate, Geico, Progressive, USAA, and others. Remember, you can leverage one offer against another. Also, do your research and see if you can find discounts. Here are a few factors that well-position you for discounts and the ability to leverage for a better deal: 

• Having a clean driving record 
• Pursuing a policy with several cars on it
• Having a car equipped with the latest safety technologies, as well as insurance trackers
• Being able to demonstrate that you won’t be driving your car very much
• Bundling your auto insurance with your home or renters insurance

Step 3: Figure Out if You’re Over- or Under-insured 

The next step of how to switch car insurance is to figure out if you’re currently under- or over-insured. If you’re under-insured, the better policy to accept may be one that costs more. If you’re over-insured, you’ll want to find one that’s more cost-effective. However, make sure you understand what the best coverage for your needs is before you decide that you’re over-insured. For instance, if you see that your state only requires liability insurance, and you think you’re over-insured, rest assured that most drivers require more than liability insurance in order to protect themselves from the financial threats of accident. 

Step 4: Contact Your New & Old Insurance Providers

After you have a clear and informed idea of what kind of coverage you require and what your budget it is, it’s time to get in touch with your old insurer to cut ties. From there, you’ll contact your next insurer and settle on your next policy. 

Wondering about how to switch insurance to a new car? You can simply call your current provider and either have them add the vehicle to a pre-existing policy, or remove your old car and swap it out with your current vehicle. 

Contact Five Star Automotive Group to Learn More About Switching Car Insurance 

Do you have more questions about how to switch car insurance? Reach out to a Five Star Automotive Group dealership near youto arrange for a consultation. And if you’re in the market for a new car, explore our car buying tips for other helpful reads, like our overview of the best insurance policies for new drivers!