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How much does it cost to change cars on your insurance?
I recently sold my car and bought another one but I need to change my insurance. How much does changing my old car to my new one on my car insurance cost?
Grace Cho · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Almost all car insurance providers allow you to transfer your insurance policy to a new car, but the cost will depend on the
car insurance
provider. Transferring your car insurance coverage won’t happen immediately once you have a new car. This is why insurers offer a grace period—it’s designed to give you time to update your insurance coverage to cover your new set of wheels.
Here’s how you can transfer your insurance policy to a new car:
- Contact your insurance provider
- Get an updated quote
- Reassess your coverage needs
- Ask about additional fees
- Shop around and compare quotes from other providers
But keep in mind that while transferring your policy saves you from having to open a new policy, the cost of your policy may change. Because you have a newer vehicle, your rates will likely increase. However, the cost will depend on several factors, including the make and model.
View full answer
- Gregory R.
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