One of the most common instances of the non-insurance takes place at the time of purchasing a new car and the week which follows. The main reason behind is that a number of new driver car insurance policy holders guess that their existing auto insurance policy offers them with the automatic coverage for 30 days for whichever vehicle they purchase and what type of coverage is applicable to the cars purchased by anyone insured under the insurance policy. But both of these assumptions are incorrect.
To assume the fact that one has automatic auto insurance coverage new car purchase without checking the provisions of the policy can really be financially perilous. For example, let’s assume that you purchase an additional car and you don’t notify the insurer about the purchase. But in this situation if your vehicle crashes, then you should not expect that your insurer will pay. So, it is a wise decision that you should not take the auto insurance buying a new car lightly and you must opt for it immediately after purchasing a car.
In case you have decided which car you want to purchase before going to the dealership for completing the transaction, this will help your agent to get informed ahead of time. This thing not only can help you to avoid any possible issues regarding coverage like car insurance with no driver license, but this way you will also get a clear idea about how much the new premium rate will be. This way you can even shop around to find out whether you can receive a better rate from any other insurance provider.
It is also a good option to call your insurance agent as early as you complete the transaction. In case you forget to report your insurance agent about the new purchase within the mentioned time, then you may face the risk of having the claim denied in case of any accident. It means, you will have to pay for the entire repairing or replacing jobs out of your pocket. To get more information about the best daily auto insurance in USA, you can consider visiting Carinsurancefordriver.com.
