YOUR HANDY GUIDE TO INSURING YOUR NEW VEHICLE
It’s a safe bet that you already know driving without car insurance is illegal.
But, that still leaves one question in the air: Can you buy a car if you don’t have insurance?
There are a lot of factors that play into this question, but the short answer is YES.
Here’s what you need to know about purchasing a car and having it insured.
The chicken or the egg?
So, which comes first – the insurance or the vehicle?
It doesn’t make sense to attempt to purchase automobile insurance before you have a vehicle.
The issue is that you have to provide details about your specific vehicle before you’ll have coverage.
Things can get a bit tricky, depending on the way you’re purchasing your vehicle.
If you’re walking onto a car lot and buying a vehicle for the first time, you’ll need to get coverage before you can take the car off the lot.
But let’s not jump the gun.
It’s a good idea to do some research before you begin your search for a car.
Browse around and get a feel for what kinds of vehicles you’re interested in.
Once you have an idea in mind, you can play around with online sites to get an idea of how much insurance you’ll pay for various cars.
But searching online isn’t your only option.
The helpful folks at your dealership can also help you check into car insurance rates.
The one important thing you want to avoid is making a snap decision. Take your time and make sure you’re getting exactly what you need.
The bottom line is that if you’re financing your vehicle, you’ll have to show proof of insurance before the lender will approve the deal.
Often, people who are buying new cars are upgrading from their previous vehicle, so they already have insurance.
The coverage you already have may be sufficient for you to take your new car home, but you’ll need to get in touch with your insurer to make changes as soon as possible.
The specific details are dependent on your insurer, but you’ll usually have between 5 and 30 days to get things taken care of.
You’re not alone
Our friendly, welcoming staff at Serra Chevy can help you find the perfect vehicle AND they can also help you secure the coverage you need to drive it home.
Come and see us at Serra Chevy today!