You will receive a notice from your insurance company several weeks before the renewal date informing you of any changes that have been made to your policy or premium. Keep in mind that the average car insurance policy lasts for six or 12 months. If you're currently insured with another insurance company, you can simply start a new policy with your new car. You can pay for your car insurance policy by credit card, PayPal, online check, personal check, money order, or electronic funds transfer (EFT) from your checking account.
Even if you can't renew your old policy, you can usually buy a new car insurance policy without delay. WISN 12 News contacted insurance companies Progressive and West Bend, but did not get an immediate response. Make your payment as soon as possible, as the grace period for car insurance may vary depending on your insurer. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation, or exclusion that is expressly stated in any insurance policy.
In the insurance world, claims are commonly referred to as losses, and the amount of losses a particular brand and model has can affect the cost of insuring. Call your old insurance company and find out if your coverage has expired and, if so, how long you have been without car insurance coverage. Keep in mind that other factors may affect your car insurance rate if you're starting a new car insurance policy. In addition, if your policy includes car rental reimbursement and your car is damaged in a covered accident, Progressive will pay the rent (up to a specified limit and term) while your own car is repaired.
Since most insurers offer a grace period to update your policy with your new vehicle, your dealer will usually only need proof of insurance before giving you the keys. Auto insurance companies often offer a grace period for late car insurance payments, so a payment that's late by a few days shouldn't be a problem.