What is an ex-pat? When do you call someone an ex-pat? Rest assured that it would be referred to as the living status of the person residing outside their native nation. It implies that a person living outside his nation of birth would be called an Expatriate. Mostly, the term would be used when it comes to tax codes. However, most nations and insurance providers would also use it when writing auto insurance or other types of insurance for non-citizen residents.
Why should you purchase ex-pat car insurance?
If you were planning to stay overseas for more than a month and plan to drive or renting a vehicle while staying abroad, you would be required to find an international insurance provider for purchasing a policy for the time you spend in that respective nation.
It would be imperative for ex-pats staying within the US, as a majority of states apart from New Hampshire would need drivers to offer insurance covering them and the injured parties in the event of you involved in an accident. It would help you protect both financially and legally. Driving in the US without insurance could lead to numerous consequences. It would be inclusive of paying expensive fines and having your license taken away.
Which insurance company sells ex-pat car insurance?
It would be pertinent to mention here that not all companies would sell expat car insurance. There may be a few companies sending you to an underwriter selling you an ex-pat policy. There may be a few insurance companies avoiding offering ex-pat insurance. It would not be wrong to suggest that international companies offering various plans in several companies would be your best bet for finding car insurance for ex-pats.
In the event, you were contemplating spending additional time in the US; it would be in your best interest to find a US-based insurance company for purchasing your insurance. Rest assured that these US-based companies would be conversant about the local laws. They would be easily accessed in case of an accident or any other claim situation.
Where could you purchase ex-pat car insurance?
To find affordable ex-pat car insurance in the US could be a daunting task for most people. A majority of insurance companies within the US deal in credit scores for determining insurance premiums. Expats would lack credit history leading to higher premiums. It would be difficult to find insurance.
A majority of ex-pat car insurance could be purchased online. By using similar free quote tool options used for purchasing native car insurance, you could lay your hands on suitable ex-pat car insurance. Ensure to compare rates from several different companies, go through the websites, and discuss with the agents in person to help you with the process.
When searching for different policies, ensure to make the most of the zip code of the city or state you would be residing in the US. Coverage availability and rates would vary based on where you reside and where you were driving the vehicle.