Does Existing Insurance Cover A New Car?

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   David Osgood

   Agent, Rural Mutual Insurance Co., Union Grove, WI

   If you have purchased a new vehicle, your current policy coverages will typically extend to the new vehicle. Most carriers require that an insured notify the carrier within seven days of purchase to have the vehicle covered properly from the date of purchase. If you are purchasing a brand new vehicle or a used vehicle from a car lot or dealership, they may require proof of insurance before you drive the vehicle off of the lot.

   Answered on November 5, 2013

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