If you own a car, you are required to have car insurance in most states. Car insurance is a legal requirement to protect yourself and others in case of an accident. You may wonder if you need to keep old car insurance documents or if you can throw them away. In this article, we will explore whether you need to keep old car insurance documents and for how long.
Why Keep Old Car Insurance Documents?
It is essential to keep old car insurance documents for several reasons. Firstly, you may need them as proof of insurance in case of an accident or traffic violation. Secondly, you may need them when you switch to a new car insurance company to show your driving history and previous coverage. Thirdly, you may need them for tax purposes if you claim a deduction for car insurance premiums.
How Long Should You Keep Old Car Insurance Documents?
It is recommended to keep old car insurance documents for at least three years. This period allows you to have access to them if needed for any reason. After three years, you can dispose of them safely. However, if you switch car insurance companies, it is best to keep the documents until you receive the new policy documents and confirm the transfer of your coverage.
How to Safely Dispose of Old Car Insurance Documents?
When disposing of old car insurance documents, it is essential to do so safely. You do not want your personal information falling into the wrong hands. To dispose of the documents safely, you can shred them with a paper shredder or burn them. Alternatively, you can contact a professional document shredding service that will ensure the safe and secure disposal of your documents.
What If You Cannot Find Your Old Car Insurance Documents?
If you cannot find your old car insurance documents, you can contact your previous car insurance company to request a copy. They may charge a fee for this service. You can also contact your state’s department of motor vehicles to check your driving history and insurance coverage.
The Bottom Line
It is essential to keep old car insurance documents for at least three years. You may need them as proof of insurance, for tax purposes, or when switching to a new car insurance company. When disposing of old car insurance documents, it is essential to do so safely to prevent identity theft. If you cannot find your old car insurance documents, contact your previous insurance company or your state’s department of motor vehicles for assistance.
