I am with an autoinsurance company that is way to high. My spouse was in an accident, and the insurance company is taking awhile to settle, do I have to stay with this company until the claim is closed?
No, you don’t. The company that insured you at the time of the accident must cover it even if you switch before it’s settled.
Depending on the circumstances of the accident, though, it might not be wise to switch; the new company will ask for your and her driving record, and if the accident was your wife’s fault, you could be declined for the new policy. If you elect to change, be sure the new company knows about the accident and WILL accept you.
Yes, you can change insurance companies any time you want, as long as you had coverage when your spouse had an accident, they are required to cover it. It would be wise that you stay with that company until the claim is closed as good faith.
March 10th, 2010 | 
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No, you don’t. The company that insured you at the time of the accident must cover it even if you switch before it’s settled.
Depending on the circumstances of the accident, though, it might not be wise to switch; the new company will ask for your and her driving record, and if the accident was your wife’s fault, you could be declined for the new policy. If you elect to change, be sure the new company knows about the accident and WILL accept you.
Yes, you can change insurance companies any time you want, as long as you had coverage when your spouse had an accident, they are required to cover it. It would be wise that you stay with that company until the claim is closed as good faith.