So, you went car shopping. And then ended up negotiating a great deal on a car. All good, right?
And then, someone at the dealership asks you for proof of insurance. Your mind reels. It is the weekend and your insurance agent is not in the office. Are you insured?
The answer is….it depends. If you are trading in a car that already has full coverage. If so, you probably have coverage through the weekend. The number of days you have coverage depends on your insurance carrier.
If you are trading in a car that has only liability coverage, you most likely only have liability coverage on the new vehicle. Be sure to call your insurance agent as soon as possible to let them know about the new car.
Your vehicle is an important asset. Make sure it is protected properly!