There are many reasons why auto insurance changes and moving to a new location is one of them. However, you don’t have to move into or out of a particular state or even a particular city or town in Colorado before your insurance rates will be affected. Even moving to a different address in Centennial, for example, can cause your insurance rates to change. Many people are surprised to hear that, and they wonder why policies change due to moving. There are various reasons, but it often has to do with the crime rate and other factors in a particular part of the city or town. If you move from a neighborhood with low crime to one with high crime, it only makes sense that your car insurance rates will rise because your vehicle is more vulnerable to theft and vandalism.
If your insurance company hasn’t told you why policies change due to moving, you can ask them about the reasons why auto insurance changes when you move – or for any other reason. That’s an important way to be knowledgeable and make sure you’re not paying too much for the coverage you’re getting. Talk to your local agent. If you don’t have a good relationship with the man or woman who handles your insurance needs, it’s time that you find a new agent. He or she should be able (and happy) to help you in order to make sure you’re getting what you need when it comes to covering your car. Notify your independent agent promptly of any changes, too, so you’ll always have the right coverage at the right price. Then you don’t have to worry about financial issues when it comes to protecting your car, and you’ll sleep better at night.