Protect yourself from the unknown with the right insurance. Learn the U.S. requirements for automobile, renters, and home insurance, and how to obtain competitive rates as an Expat.
It is a requirement in the United States to have insurance when purchasing or leasing a vehicle, as well as taking out a mortgage on a home. However, many Expats face difficulty receiving competitive rates due to their lack of history in the country.
Finding insurance when you move overseas is a tricky landscape for Expats to navigate. Many factors go into determining what rates you may be charged for various insurance products. Furthermore, without insurance you will be liable for expensive repairs. Also, you will even be liable for medical bills if you get into an accident. Automobile insurance is required in order to register a vehicle. Automobile insurance is also required by law in order to drive on roads in the United States.
Without mortgage insurance, a bank will be unable to provide you with a loan for your new home, forcing you to make this purchase in cash. Homeowner’s insurance may also cover damage to your home in case of fire, theft, and certain natural disasters. Your home is likely your greatest asset. Protect it with the right insurance coverage.
Knowing that you are covered by a reputable and affordable insurance company provides peace-of-mind for you and your family.
- Automobile insurance is required in all states.
- A lack of local credit history makes it difficult for Expats moving to the US to get competitive rates.
- Many factors go into determining insurance rates.
- Without mortgage insurance banks will not provide you with a loan for your new home.