Can I Transfer My Car Insurance?

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Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on July 10, 2023

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated July 10, 2023

Visit author page

1 minute read

Article Contents

The answer is a resounding yes! You can indeed transfer your car insurance when you are buying, selling or gifting a car.

How to transfer your insurance to another car

If you are buying a new car, you’ll want to contact your current insurance company and let them know you will be purchasing a new vehicle. Some insurance companies will have an online tool where you can change or edit your policy details. With that said, you’ll want to speak to your broker who can help guide you through the process and also inquire about any additional coverage you may want to add to your gorgeous new automobile. Of course, it goes without saying that when transferring your auto insurance to a new car you want to make sure that the insurance on your old car is removed!

Getting an insurance transfer form

Once you contact your insurance company and broker, you will need to fill out what’s called a transfer of insurance form. The transfer of insurance form must be completed within 30 days after the sale of your car. This form needs to be filled out by both the buyer and the seller but it’s quite simple. The form basically lays out things like warranty and maintenance records that will be used as legal proof that a transfer will be happening with the consent of both parties.

Vehicle registration and insurance

You will have a tough time getting insurance if the car is not in your name. If you do not have an insurable interest in the vehicle, then insurance companies will likely not insure you unless you can make a case that you do. A common example of this would be when insurance brokers recommend that parents be listed on the policies of their children. You can find out how to transfer ownership by reading this article.

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