How to Transfer Car Insurance

January 27, 2012

If you need to make certain changes to your car insurance coverage, you will need to know how to transfer car insurance to a new vehicle or perhaps to a policy under another name. There are many times you might need to make changes to your policy, but they all require you follow the same basic steps. So, here is a convenient how to guide on how to transfer your insurance or make changes to your policy.

What You Will Need

  • Existing car insurance coverage
  • A reason to change or transfer coverage (i.e. new car, name change, address change, etc.)
  • Supporting documentation

Step 1 - Gather Needed Documentation

First, you'll need to gather any documents needed for the transfer of your insurance policy or the changes you wish to make. For example, if you've purchased a new vehicle and wish to transfer the coverage from your old car onto your new vehicle, you'll need to have the paperwork from the dealership along with the loan documents for the new vehicle.

If you want to make name changes or address changes on the policy, you'll need to provide documentation that supports the name or address change. For example, if you're changing your name, you need to have documents from the court authorizing the name change; or for an address change, you'll need to have the new address information available.

If you want to remove the link holder from your policy because you're paid off your vehicle, you need to have a copy of the title or DMV registration that shows the lien holder has been removed before the car insurance company will remove the landholder from your policy.

Step 2 - Contact Your Car Insurance Agent

After you have all the required paperwork, you'll need to contact your car insurance agent so that the changes to your policy can be made, or the policy can be transferred to the new vehicle if you have purchased a new car. Most insurance companies allow for some sort of grace period to make changes or transfer coverage; however, almost all car insurance companies will require that changes be made to your policy no more than 30 days after the changes have occurred. For instance, if you purchase a new vehicle, most insurance companies will ensure the vehicle automatically for up to 30 days. However, if you fail to notify the company within 30 days, coverage on the vehicle may cease and you may not be protected in the event of an accident.

Step 3 - Provide Needed Documentation

Once you have contacted the insurance company about the changes to your policy or transfer of coverage, you will need to provide the insurance company with copies of the documentation to support the change or transfer. You may be with asked to take copies of the documentation to the local agent for the company, are you may be allowed to scan and upload the documentation on the company's website. Ask your insurance company how to submit documentation.

Step 4 - Receive Updated Policy and ID Cards

After the insurance company has received all of the information, the insurance company will update your policy and send you a new hard copy. Also, the insurance company should send you new insurance ID cards to be kept in your vehicle that reflect the changes to your policy or the policy on your new vehicle.

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