Buying a new or used vehicle after owning a previous one is an exciting investment. While you gush over its features and horsepower, don’t forget to move your active auto insurance policy to the new one to avoid lapses. Your car may have 30-day insurance coverage, but it will expire before you know it.

How Does the Transfer Work in Lynnwood, WA?

Transferring your car insurance policy from one vehicle to another is a simple process. It starts with you reaching out to one of our agents at Sound Choice Insurance Agency with the required information. Some details we may ask for are:

• VIN

• Make, model, and year of the new vehicle

• The odometer reading

• Purchase price or current value

• Title/registration

• The vehicle’s safety features

• Primary use of the new vehicle

• Names of household members who will drive the car

From there, our team will make mandatory adjustments to the policy to fit the new vehicle. For example, brand-new vehicles must add collision and comprehensive coverage. There may be optional, yet recommended, adjustments. Afterward, you must pay the difference if the amount goes up. The transfer is incomplete without the adjustments.

Once everything is in place, we’ll offer confirmation of a successful insurance transfer and provide a new insurance card and a new policy. Be sure to remove the now-old car from the policy or cancel coverage to avoid paying premiums for two vehicles. 

How Long Do You Have?

That depends on the carrier, but the sooner you transfer your car insurance policy, the better. The deadline for transferring your car insurance to another vehicle is one month.

The agents at Sound Choice Insurance Agency, serving Lynnwood, WA, have years of experience transferring auto insurance policies, ensuring a seamless and hassle-free procedure. We’ll also review your policy to find out the grace period and transfer fees. Contact our office for more information on auto insurance.