Will moving house affect my car insurance
Will moving house affect my car insurance?
Well you might not think moving house effects your car insurance but you would be wrong about that. your postcode is taken into account when they set your premiums so it is important that you notify your insurance company of any changes. Local crime rates are taken into account and of course the roads in that area may be deemed more risky. Your insurance could rise 9 or fall ) if you are moving somewhere deemed less risky so you might actually benefit from the change of address.
Also your insurer will want to know if you park your card on the roadside or off road in a private drive. off street parking will always gain you cheaper insurance.
Be prepared to pay a small fee for changes made to your policy usually around £25.00. it is important you do not try to avoid this charge by not updating your insurer about your move it could invalidate your insurance and you may not get a pay out on a claim due to this. Maybe when you change address it is time to shop for a new insurer but no doubt you have enough to think about while moving house.
V5C Log book
Another important thing to remember is to change your address on your Log Book / V5C document. This registers your vehicle with the DVLA and you need this when selling the vehicle and is the address associated with the vehicle and road tax. it is essential to keep it up to date or you could see documents and penalties going to the wrong address. it is very easy to change, just fill out section 6 sign and date section 8 it and then send to the DBVLA in Swansea.
While we are here talking about your vehicle insurance make sure you update your drivers license address details. Amendments can be made online at www.gov.uk and a new license should arrive within a week.