When is the best time to switch to liability insurance?

Answer by  tamarawilhite (17883)

First, wait at least a year after any tickets. If you don't have any tickets, look to switch as your insurance is up for renewal - your current insurer will likely give a great deal to keep you.

Answer by  Luluhunter (26)

Switching liability insurance is usually easiest at renewal. This being said, the best time may be when it comes to mind as most people do not review their policies on a regular basis. Also note: it never hurts to shop around.

Answer by  DjapEdiSantoso (16)

The best time to switch to the liability insurance is the first time when buying a new car for the safe from the risk of accident, loss due to theft, as well as to the safe from the risks resulting from the transgressions of those who intentionally or unintentionally to deform your car.

Answer by  Liz59 (10966)

Well basically you can switch any time you feel that you may be getting into a liability. If you own a business or are involved in one, then you should already have liability insurance. I recommend that every individual should own it because you never know when a problem should arise.

Answer by  Rubberchicken (819)

You can switch at any time and if you're in the middle of a policy term, your old company will reimburse any unearned premium. However, the best time may be after you are accident or ticket-free for at least three years. This will ensure the best rates.

Answer by  MelindaS (1694)

You usually cannot switch to liability insurance until your car is completely paid off, if you are paying on a loan. If you are not paying on a loan, then switch when the value of the car drops by at least 75%.

Answer by  Rubberchicken (819)

Some may argue that the best time is when your old policy is set to expire. Others would argue that you can switch anytime you get a favorable quote.

Answer by  secondbanana (289)

You can't switch liability until after your automobile is paid off. Beware. Liability insurance is generally just "collision" insurance, if your car is stolen, you won't get anything.