My current insurance policy expires beginning of March I think it is and I was thinking of selling my car and buying a new one when the policy expires. Now with the new insurance laws this has made it even more difficult and annoying but also whether I have the funds or not even though I'm saving is to be seen.

I was wondering when people buy new cars what they generally do in order to be most cost effective. If you sell your car mid policy do you just register your new car and pay the price hike or do you cancel the policy and take out a new one? And do you lose a lot of money by doing it this way. I pay all my insurance annually.