Insurance rates can change between states due to insurance regulations and the minimum amount of car insurance required
. Each state has its own required amount of insurance. If you’re moving to a different state, you may need to raise your insurance coverage
to meet that state’s minimum requirements, which can often cause a rate increase.
is not federally regulated, meaning every state’s Department of Insurance
sets its own rules and regulations.
Your personal information also still impacts your rate, even if you stay with the same insurance company. The new address you move to may have a higher claim or accident rate. If so, you’ll see an increase in your insurance costs.
To determine whether you’re paying a fair amount for insurance, you can look at the average cost of car insurance
. If you are paying more than the average, it may be worth looking into other companies using your new address.
Insurance shopping can be time-consuming and frustrating, though, especially if you’re moving on top of everything else. If you want to compare rates quickly and easily, check out Jerry
. We’ll get you multiple customized quotes from top insurance providers so that you can choose the best price for the coverage you need, saving you time and money.