Author Topic: Auto Insurance as a Medical Resident - Switching states  (Read 1439 times)

Swat

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Auto Insurance as a Medical Resident - Switching states
« on: March 27, 2017, 08:11:00 PM »
I am currently a medical resident. I moved out of my home state about a year and a half ago. My wife and I kept our license, plates, and insurance in our home state because she was frequently traveling home to see her sick mother (the insurance happened to be significantly cheaper as well). Her mother has unfortunately passed and now that the dust has settled, we are going through a lot of financial topics that have been put on the backburner. I have about 16 months left in residency and I plan on returning to my home state. A few questions:

1) Can I maintain my address back in my home state (it is my parent's address) just as we have been doing as I have less than 1.5 years left? I know many college students live out of state and keep their home addresses, but does this apply to my situation (and residency in general I suppose)?
2) If I am forced to switch over my insurance to the new state (which I'm hoping to avoid), am I mandated to switch over my driver's license as well as my license plates? Or can I just switch the insurance over and save the hassle with license/plates?
3) Are there timeframes for each of these if I am forced to do it.
4) What are the consequences if I do not switch over?