If I sign up and pay for an insurance policy to start on May 1 but I get into an accident on April 15 (let’s say under another insurer’s policy), will the new policy be affected?

Answer

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This depends on the timing of the purchase. While it varies by state, insurers generally have a couple of months to underwrite a policy and review driving history. If the accident date is just a short time before the new policy is written, you might get lucky and it may not yet be reflected on the MVR at the time the insurance company does its underwriting review. Even if that is the case, however, there is a good chance that the accident will affect your rate when the policy next comes up for renewal.

Dan Kamionkowsi
Motorcycle Product Manager at Progressive
Progressive.com