When and How to Cancel Your Car Insurance Policy

Key takeaways

• You should have another policy in effect before canceling your existing coverage to avoid your future car insurance premiums increasing substantially due to a lapse in coverage.
• If you are recuperating from surgery or embarking on a long vacation, you may want to suspend your car insurance instead of canceling.
• When you move to a new state, it helps to contact your insurance provider immediately to ensure that your policy aligns with the car insurance…