Keeping you up to speed
Moving house is one of the most exciting times in your life, but it is also one of the most stressful. With so many different things to organise, from gas and electric final bills to changing ‘phone lines, broadband and satellite TV, it’s no wonder that many people forget to let their car insurance company know that they have moved.
But did you know that changing address can invalidate your car insurance policy because the terms of that policy are based on your old address. It can work both ways – your new insurance may be more expensive, but it can also be cheaper.
Several things about your new address could change your car insurance premium:
It is your responsibility to inform your car insurer of any changes in circumstances, including a change of address, so make sure you don’t forget in all the madness of moving. If you fail to let them know, and your car is stolen from your new home, or you have an accident, you could find that they will not pay out on your policy.
Moving house is a good time to shop around for a better value car insurance policy, as different insurers assess postcodes in different ways. What might have been the best deal at your old address may not be the best deal for your new home. Octagon Insurance will always be happy to give you a competitive car insurance quote for your new address.
Many people use their cars a lot when moving home, making regular trips back and forth with goods and chattels, and carrying valuables in their cars that they wouldn’t normally carry. If you do this, remember to keep such valuables out of sight if you leave them in your car, as sneak thieves need little encouragement to break in and steal your stuff. You should also check your car insurance to ensure you have enough cover for the contents you are transporting.
Customers with a policy that started on or before 31st December 2016 can continue to use this website as usual.
Customers with a policy that renewed on or after 1st January 2017 – the details on this website will not be relevant to your policy, please see your renewal pack for further information.