What To — Do With Insurance When Buying A New Car

Many insurers provide a grace period (usually 7 to 30 days ) where your new car is temporarily covered under your existing policy’s highest level of coverage.

If you are financing or leasing, you must provide your insurer with the lender's name and address so they can be listed as a lienholder on the policy. Key Steps for First-Time Buyers what to do with insurance when buying a new car

If you already have auto insurance, the transition is typically straightforward: Many insurers provide a grace period (usually 7