A divorce is a difficult time. In addition to all of the emotional issues you may be facing, there will also be practical issues which must not be ignored. Many things about your life will change following a divorce. Car insurance is one thing that will definitely change. At NY Twin Bridges Insurance Agency in Albany, NY we can help you through this difficult time.
Removing Your Ex
Following your divorce, you will want to make a point to remove your ex and their vehicle from your policy if you wish to keep the policy in your name. This should be done as soon as possible. When a car is being housed at a different residence, that information needs to be filed with the insurance company quickly.
Changes to Expect
Once you have removed your ex from your policy, you will see some changes to your insurance. First, you may notice that you lose some discounts. Discounts such as multi-car and married discounts. Do not be too discouraged, because you might be able to get new discounts. If your spouse had a spotted driving record, then you might be able to get a better rate now because your driving record is good. Some insurance companies will also allow a newly divorced person to get a fresh start by removing any claims that had to do with the other driver or vehicle so that you can start over with a claim-free policy.
Can You Afford Better Insurance Now?
Removing a car from your policy is going to lower your rate considerably. You may now be able to afford better coverage than in the past. take some time to discuss this with your insurance representative. You will want to have the maximum coverage you can possibly afford.
Dealing with changes to your insurance policy is an important practical step you should deal with during your divorce. To learn more contact NY Twin Bridges Insurance Agency serving Albany, NY.