So you’re moving to a new place.  Moving is always a stressful time with lots of money being spent, information to update, packing and moving to arrange, and many other details need to be handled.  One way to combat the expenses of moving is to save money on your auto insurance.  As you may know, where you live has an impact on how much you pay for your auto insurance.  Now that you have a new address, it is the perfect time to shop for a new policy.

When do I Need to Update my Car Insurance Policy?

It is a good idea to update your address information with your insurance company as soon as you can.  If you get into an accident before you update your insurance information, your insurance provider could refuse to pay any claims that stem from the accident.  Before you update your information, it’s a great time to shop around for the best auto insurance rate for your new address.

Why Might Car Insurance Rates be Different in My New Location?

If you are moving to a new state, it’s imperative that you check with your current auto insurance provider to see if they are licensed in your new state.  If they are, their rates might be a lot higher then what you were paying before you moved. Also, certain states like New Jersey, Washington D.C, New York or Massachusetts, historically have the highest average insurance rates.  So if you are moving there, you should definitely shop for the best rate.  Did you know that rates in Virginia can be up to 40% lower for the same policy in Washington DC or Maryland?

Another Way to Save: Multiple-Policy Insurance

If you bought a new home, you are going to have to purchase homeowners insurance. Many insurance companies offer discounts for insuring your home and your vehicle together. For the greatest possible savings on your homeowners policy, be sure to check our low rates on auto insurance, and mention to your sales representative that you are also interested in a homeowners policy.

This multi-policy discount often applies to an auto insurance/renters insurance combination as well. Besides auto insurance, Donius Insurance also offers competitive quotes for homeowners insurance, condominium insurance and renters insurance.