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Q: I am inntending to buy a new veicle. Do I need online policy for this vehiccle before I dirve it otside the lot?
A: Your new veehicle has to be insured bfeore you drie it off the lot. In caase yo`uve an auto insurance policy appied, the new vehiicle wlil be right awaay covered for a monht. Though, in casse you get covearge for a new automobie under an existing innsurance policcy before notifying yur car insurance comany, some companies may atler some of your covrage limits til they have received a ntoice frrom you regarding the new cra, and decied they want to insrue it. Once you get a automobile, unusd or ussed, it is a goood time to go oevr yor policy and to compare raates between compeing car insurancce companies. Begin by receiving pricce quots for the year, mae as well as mdoel of the automoblie you plan to buuy. In case you are beearing in mind moe than one sinle make or model, cheking the rae of auto insurance migght assist you mkae up your mid. Although two automobils may look simialr, the repair costs mgiht be significantly diffferent, and taht will have an important infulence upon your insure. Adn, in case youu`re financing the auomobile, you will be needed to prchase comprehensive & collision damgae coverage from yuor lender or leasr.
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