There is plenty of information in a zip code that helps companies calculate their premiums. When you cannot give them one it becomes an undetermined risk. If the carriers hate one thing that would be not knowing where you might move tomorrow. They love to know every little thing about you like your job, address, credit score, driving and claim history. They are all relevant and important.
Even if people don’t have an address right now a move may be already arranged. Also, they are unlikely to uproot completely and move to a totally different place. Even homeless people stay in certain locations and they are unlikely to go far due to financial difficulties and lack of opportunities. So, it isn’t totally out of the question to get car insurance without permanent address. You may just have to do some explaining as to the current situation you are in.
Being Between Addresses
There may be many reasons why people can be in between. They may have sold their home and the new place they are moving in may not be ready yet. These are actually much easier situations than you may think. Companies understand these transitory circumstances. Most of them would be happy to take your future address even though you haven’t yet moved in there yet. If something happens in the meantime and you move to somewhere else you just let them know of that fact.
Usually, a thirty-day time frame is acceptable when you at least know the direction of things. You may not have to live in one fixed location as long as you will shortly. Then, they can go ahead and base your rates on the new place and start your policy or make adjustments to your rates.
Other Addresses Not Belonging To You
People can be in temporary accommodations from time to time. The point is that they may not know how long they are going to be there. As long as the company knows the address where the vehicle will be parked at night and sends you the policies, they are usually fine with it. There are many people living in hotels for a while and that is their address.
That is where they park their automobiles and where they spend the night. Things aren’t perfect for many people and they don’t have to be as far as vehicle insurers are concerned. They just have to be able to pin you down to a door number and zip code.
Homeless Auto Insurance
This is one area that is not easy to get accepted for many reasons. First of all, most of them consider such people as too high risk due to the areas they stay in being high risk. Secondly, most quote forms start with a zip code and you cannot progress without giving one. In such cases, it is best to talk to an experienced broker or agent and explain the situation as it is.
The next source of solution is the state insurance department. Every vehicle owner needs coverage by the law. If they cannot get it through the usual channels, state insurance departments help them find coverage. You will need to talk to them. This may be a good time to explain your financial position as well as they may have ways of keeping the premium under control if you are in a low-income bracket. It is important to look for solutions no matter what people say. And don’t get discouraged after talking to one person. There are solutions provided in the system and the state authorities are working to find coverage for everyone no matter how difficult it is.
