Why you must review your car insurance carefully every time you move
Many people will never think to take another look at their car insurance when they move or change neighborhoods. And yet this is a useful thing to do. It could end up saving you a lot of trouble later.
Most of us are unaware that there are many factors that affect car insurance. Actually the factors are so many that by simply changing your address by crossing the street to the other side can drastically change your car insurance premiums.
Change of premiums means a change in the level of risk for the insurance company that supplied your car insurance. This can either go up or down and the insurance premium will naturally follow in the relevant direction.
This is the reason why it is worth checking with your insurance company about how your car insurance is affected by your change of address.
For example auto theft is a much more serious risk in certain neighborhoods than it is in others. So if your insurance cover was taken in an area where auto thefts are a very low risk, you cover probably did not address this issue adequately.
Source: carjunky.com