If you pay your 6 month car insurance policy, and then move to college(instate)... do you need to report that?

Question:

I mean, my permanent address is still the same, it's just an apartment in a different location while I attend school...

Both are in NY about 4 hours apart

And also, if they did want to collect and the rates go up, will they just wait for the next payment date, or will they want to collect the additional money for the remaining months? (Since I plan on paying the whole 6 month chunk all at once)

Answer:
Yes, your GARAGING address is different. You need to notify the company. Rates can go up, or down, or remain the same. If you're paying the six months in full, they'll likely either refund you or bill you immediately for the difference.

I'd report it. You might qualify for a good student discount, and if the distance you drive from your apt to school is less than you were driving while at home, you might realize some savings.

If you pay your 6 month car insurance policy, and then move to college(instate)... do you need to report that?

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