Updating an Auto Insurance Policy: When and How

LAS VEGAS - April 28, 2020 - PRLog -- Everything from moving to buying a home or getting married can impact the amount you pay for auto insurance. You don't have to wait until renewal time to make adjustments to your auto policy. Updates can be made as circumstances in our lives change to ensure you have the proper coverage for your needs and budget.

When You Move
Whether moving in-state or out-of-state, you're required to notify your insurance company as this could affect your insurance premium costs. Essentially, when you're moving to a new state, you'll want to ensure that your coverage meets the state's minimum insurance requirements. You'll also want to know if your insurance company offers coverage in your new state or if you need to look for a new carrier altogether.

Even if you're moving within the same state, a new garaging address or transitioning from being a renter to a homeowner could mean a lower auto insurance rate. It would help if you talked to your insurance carrier to determine the types of discounts you could be eligible for. Your location is a primary rating factor as it goes a long way towards establishing your rate.

If Your Teenager Gets a Driver's License
It's cheaper to add your teenager to your existing auto insurance policy than getting them a separate policy. To do that, you'll need to do it officially by adding them as a driver when the license is obtained. While most insurance companies will generally extend coverage to "permitted" drivers, once your teen has their "license", you must add them to the household policies. It's best to notify your insurance agent the same day your teen becomes licensed. Some insurance companies will deny coverage if you don't.

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com