How long after a car is bought do you have to switch over insurance?

Question

from the old car to the new car?

Answer 1

as soon as possible. I f you get in a accident you will have alot of problems

Answer 2

The correct answer is, the car dealer that sells you the new car will check to see if you are insured and by whom. They can, if you wish, call your insurance company and inform them of all the necessary info, and you will be technically insured on the spot. You just drive on your old insurance card until the new one arrives in the mail, or until you go pick up the card from your agent...but you are covered immediately. If you choose to do it yourself, you generally have from 7 up to 30 days (varies by state) to notify the insurer about the new vehicle...for obvious reasons you shouldn't wait that long though. I'd just do it right there when you are buying the car, or the next business day after that at the latest.

Hope this helped.

Answer 3

This varies from Policy to Policy but generally the acceptable range is 15 days. Some policies are longer.

Remember that only the same level of coverage will transfer. That is.. if you have liablity only and you buy a new car and a loan and the loan holder requires full covereage you will have to notify the Insurance company immediately so that you can transfer the liability portion and add on the comprehensive coverage.

Your policy declaration pages will have verbage that explains the new car purchase notification period.

Hope this helps!

Answer 4

You are to call your agent as soon as possible; different states have different laws. It also depends on whether or not you traded in the old car. If not, you must take the old car off the road and file non-use before you cancel your insurance on that car and just have to add insurance on the new car ASAP. You cannot drive without insurance at anytime. If you intend to sell your old car yourself, you have to keep coverage on it, too, until you sell it so that potential buyers can test drive it while it is still in your name.

Answer 5

By 'switch over', I assume you mean let your insurance company know you have sold one vehicle and replaced it with another. In California, you have a 30 day grace period of replacement vehicle coverage, provided coverage will be the same. (Full coverage to full coverage, for example.) However, you could jeopardize your financing by waiting that long as most lenders want to make sure their collateral is covered by insurance before funding a loan. The best policy is to do it right away.

In any other situation... buying a second car... going from basic coverage to full coverage... etc... there is no grace period.

Answer 6

You should have coverage on the vehicle from the moment you purchase it. Insurance companies will find every excuse possible NOT to pay for a claim. If someone ran into your parked car and you had old insurance on it, they could just laugh at you and drop coverage.

Answer 7

I'm sure it differs from state to state but in Oklahoma, as soon as you know you are going to get a different car, one calls their agent. One gives them the VIN#, the year, make, model, color, etc., and the agent tells you the car will be covered on such and such date. Then they send you, or you go to the agency to pick up, the insurance verification cards you carry with you to prove insurability and to get new car tag every year. Call your insurance agent and ask to be sure.

Answer 8

You should do it immeadiately, however, in most states you do have time to switch (30 days or so). This is called the "Global" portion of your policy. Your company, check your policy contract, should insure your vehicle for a number of days before registration with them is required.

I would advise you read your policy contract and determine that on your own.

But I have one quesiton, why wait?

Answer 9

Call your insurance company the day you buy the car.

Answer 10

no remember which state interior the u . s . a . you're in, your coverage is in simple terms surprisingly much as good as what you have paid for. So, in case you in basic terms have legal duty coverage, and you get in a ruin, your man or woman motor vehicle won't in any respect be coated for injury. Do you somewhat need finished coverage for a used motor vehicle? provided which you have a private loan against it. Or if it fee a lot of money. yet whilst it replaced into particularly low priced (like below $1000), why hardship getting finished coverage? call your agent immediately for information.

Answer 11

Any where from 3 to 30 days, ask your insurance agent to be safe.