A question I get often from my clients when they’re purchasing a new car is- how do I add my new car onto my insurance policy right away so that when I drive it off the lot, I’m covered? A lot of people buy vehicles at eight o’clock at night or on a Sunday afternoon when an insurance agency is not going to answer their phone. So they’re concerned when they drive the car off the lot that they’re not covered.
You Probably Have Coverage
Most good insurance companies have written into their policies a clause that says, as long as you have an active policy with them, you’re automatically covered on any new vehicle that you may purchase. Each policy is different, so check with your insurance agent, but for the most part, you have up to 30 days to call your insurance agent and add that vehicle onto your policy.
So when you drive a vehicle off the lot at eight o’clock at night and you don’t call your insurance agent until the next day, or if it’s a Friday night and you don’t call them until a Monday, it’s okay. You’re going to be covered. Most policies will give you, whatever coverage you have on your existing policy.
So, and I’m using broad terms here, if you have full coverage on your current vehicle and you go buy a new vehicle, when you drive it off the lot, you’re automatically covered with that full coverage. If you just have liability, well, when you drive it off the lot, you’re covered for liability. And now there’s even other companies that have a clause that says, even if you just have liability on your car and you purchase a new vehicle that you would probably want full coverage on, a lot of companies will give you full coverage on that new vehicle for up to five days.
Like I said, each company’s different, so check with your insurance agent, but that generally is the case for most insurance policies in the state of Arizona. But it doesn’t hurt before you go buy the car, call your insurance agent, check with them.