Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I wouldnt advise driving any car without insurance, even if you just bought it.
This. Call your insurance co. give them the VIN of the car you're buying BEFORE you put it on the road! God forbid you get pulled over, or worse, you're involved in an accident! Even if a drunk driver rear-ends you, you'll still get in trouble for driving without insurance.
If you have current auto insurance, then a call to your agent notifying them of the new acquisition details will get you covered under their temporary binder for a new acquisition.
Don't drive your vehicle unless you have some coverage, at least to the minimums of your state requirements.
It's not legal to drive without that coverage. You wouldn't be the first new owner to get into an accident. Do you want that risk and consequences if things don't go right?
You can actually think this through for yourself...
Let's say you pull out of the dealer's lot with the new car you just borrowed mucho bucks for, and at the first intersection you cause a terrible accident in which both your car and another's car are totally demolished and people are seriously injured.
Who is going to pay for all the damages? Sorta looks like it might hit $500,000 in damages and YOU are legally responsible for every penny of it. So who will wind up paying the bill?
Your theoretical "I hope they still cover it" former insurance company? Or the agent you specifically arranged for coverage with, who actually bound a policy for you?
No one here can give you good advice without knowing what state you live in. Instead of asking a board of people from all different states, a specific question like this should be directed towards your insurance company or RMV.
Years ago I knew a guy who would buy used cars, work on them, and sell them for a profit. He got into an accident with such a car, uninsured, and the other driver sued. He wound up going bankrupt over it.
In Alaska if you finance the car you will not get out the front door with the car keys until the lender has a binder from your insurance company. I seem to recall if you did not have a current insurance policy you could purchase insurance thru the lender, at a very high cost.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.