I'm aware there is some grace period on new vehicles in which I can drive the vehicle before reporting that I have purchased it and will be driving it under my policy, in which the liability coverage is in effect. Right? If so, how long...
State is Colorado
2007-03-11 13:25:37 · 4 answers · asked by DT 3 in Cars & Transportation ➔ Insurance & Registration
Most insurance companies will cover any vehicle you purchase under your existing contract for up to 30 days. But they will back-charge you for the month if you wait that long and are adding it as a second vehicle to your policy.
If you have a temp tag on it, you have until it expires to get it registered and everything taken care of. Generally, you want to do it as fast as possible. If no temp tag, then you need to register it ASAP.
2007-03-11 13:51:04 · answer #1 · answered by Mark B 6 · 0⤊ 0⤋
It depends on the edition date of your auto policy. The 06/98 auto policy says it will give you 14 days for the same coverage, 3 days if you are adding comp & collision. Best to call right away.
2007-03-11 23:47:31 · answer #2 · answered by Sue 6 · 0⤊ 0⤋
. 1 hour.......the minute you buy it get the insurance for your own sake 5 days if you claim your waiting to see if it bracks down.....of course things change very fast...you have like five days to report to the dmv
2007-03-11 20:33:10 · answer #3 · answered by jane h 3 · 0⤊ 0⤋
There is no grace period. Don't drive uninsured.
2007-03-11 22:14:05 · answer #4 · answered by oklatom 7 · 0⤊ 0⤋