Read it together with your Certificate of Insurance. The Certificate of Insurance is confirmation of the insurance cover you purchased including when it starts and ends the type of insurance it is and how much you paid.
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You could cancel your existing car insurance and take out a new one with a.
Your insurer will issue you with an insurance certificate. In most cases if you change your car part way through your insurance term your insurer will transfer the policy to the new car and issue a new certificate of insurance. An important legal document that contains the terms and conditions of your cover including what is and isnt covered. But theres likely to be a small administration fee and if the car has a different specification you can expect the premium to be adjusted too.
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