If I don't currently have insurance, how can I drive a car home from the auto dealer?
do i have to purchase insurance before I buy the car?
what if i'm buying from an individual and his insurance on the car has lapsed?
2006-08-14 08:13:23 · 5 answers · asked by jack b 3 in Cars & Transportation ➔ Buying & Selling
When I financed my first new car, I had no insurance. So the dealer got it insured with a company that provides temporary month-to-month insurance. They paid for it too. I believe it was around $150.
There are some dealers that may let you drive it home w/o insurance, but don't risk it. Just go home, log on to esurance.com or some other insurance website and get it insured (be sure to have the VIN#). Then go back to the dealer and drive it home. Some dealers like Lexus has internet portals available so you can do it there.
2006-08-14 08:51:22 · answer #1 · answered by Anonymous · 0⤊ 2⤋
You have to have proof of insurance before the dealer is going to hand over the keys.
If you're buying a car from an individaual and their insurance has lapsed, check with your insurance company and see if your insurance will cover you for the test drive. If not, you can't drive the vehicle.
When you buy the insurance, the agent will ask when you're taking delivery. The policy will go into affect at 12:01 AM local time on the delivery date. If the delivery date changes, update it with your agent especially if you're taking delivery early.
2006-08-14 08:22:56 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If it is a new car and you don't have a policy, you will have very high priced insurance before leaving the dealership. Whatever company is financing the loan will require it. You will not be allowed to leave without it.
On the other, you are driving illegal. Get in an accident and you pay and pay and pay and pay and pay and pay and pay...... Do you need me to say it some more. If you purchase insurance you will only pay.
2006-08-14 08:25:08 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Do not drive it off the lot without insurance. If you wreck it... that's 5-6 years of payments you will still have to make even though the car is destroyed. You wouldn't get a whole lot for it if it is wrecked. There is always that possibility even in you intend to be very careful.
2006-08-14 08:27:29 · answer #4 · answered by crazytrain_23_78 4 · 0⤊ 0⤋
You can call your insurance agent and "bind" your coverage without filling out any forms. That will cover you on the way home. The seller's insurance won't cover you under any circumstances. If you are borrowing the money, you will have to provide coverage for the lender. Unless you are paying cash, insurance will be required immediately.
2006-08-14 08:22:21 · answer #5 · answered by united9198 7 · 0⤊ 0⤋
Yes you have to purchase insurance. Or, he needs to obtain a policy on the car and add you as a driver. Either way those items have to be done before the car can leave the lot. Most lenders require proof of insurance before they will wire the money to the dealer.
2006-08-14 08:22:47 · answer #6 · answered by Mike Hunt 5 · 0⤊ 0⤋
Just buy some dag gone insurance! The dealer will not let you leave unless you have insurance. You can buy it from an individual, but the insurance the individual has goes with the individual, not the car.
2006-08-14 08:19:41 · answer #7 · answered by Manny 6 · 0⤊ 0⤋
You need insurance if you're going to finance the car. If you pay cash,,,you won't need it 'til you go for tags
2006-08-14 08:18:07 · answer #8 · answered by Dr. Biker 3 · 0⤊ 0⤋
In states requiring insurance, you cannot drive it off of the lot.
In some states (like MA) you cant even get plates without insurance
2006-08-14 08:18:36 · answer #9 · answered by billyandgaby 7 · 0⤊ 0⤋
if its from a Dealer, you HAVE to have inssurance. most companies, you can get that online from right at the dealership - my friend just got his like that from Gieco.
It doesnt matter about the individual - its your insurance that matters - the earlier, the better.
2006-08-14 08:19:00 · answer #10 · answered by ever_curious 3 · 0⤊ 0⤋