insurance

I called a friend earlier this week to buy insurance. He gave me a quote I like, and tomorrow I want to go ahead and get the car. Do I just call my friend and tell him I'm buying it, and will need the insurance?

usually the place you buy the car has their own insurance on the car and they tell you at signing that you have a certain amount of time to go and get your own insurance. Plus the dealer usually requires you to have full coverage insurance on your car if you are financing. Good luck and enjoy your new varoom varoom!

Dealerships do not provide insurance for the vehicle buyer. They may sell you some kind of very expensive coverage for one month but they never just let you drive out on their insurance. http://answers.yahoo.com/question/accuse_write?qid=20070512001737AADwNLS&kid=TIV7I270E03FrhfjjPf8&s=comm&date=2008-07-01+03%3A08%3A26&.crumb=

You may have financed a car, I have financed many cars. I also have an insurance license. that was a very incompetent answer http://answers.yahoo.com/question/accuse_write?qid=20070512001737AADwNLS&kid=TIV7I270E03FrhfjjPf8&s=comm&date=2008-07-01+03%3A10%3A02&.crumb=

Just call the guy your gonna get the insurance from and let him know when your picking up your new vehicle. He'll have your policy and coverage ready before you pick up your car so your covered from day one. He'll probably also contact the dealer if you ask him and fax them whatever insurance documents you need to take the vehicle off the lot.

He'll likely save you a lot of money. By having your policy ready before hand, you will not need to buy the expensive limited insurance coverage sold at auto dealerships.

Most State laws and Finance Company rules require Dealers to verify insurance coverage before allowing a purchased vehicle to be driven off the lot.

It is never a good idea to buy your auto insurance from the auto dealership. The coverage offered at these point of sale transactions are typically temporary coverage with severe restrictions, they are usually expensive and get added to your finance note. This increases the amount financed and can add many months or even years to your payment schedule. Dealer Gap Coverage, Is basically " No Coverage" at all for the vehicles owner. Gap coverage is designed to protect the dealership and the finance company interest only.

Just call the Agent you've been talking too, he'll know what to do.

From a Texas Insurance Agent

Buying a car with someone else is not a good idea; however, if you have no insurance the finance company will point you in the right direction or the auto company selling the vehicle will sell you a short term policy just to get the vehicle off the lot making you responsible or they will take you to a insurance company to purchase a policy before they let the car off the lot. Now if the car is in your boyfriends name and he has insurance than his present policy will cover the vehicle (depending on the state; from 7 to 30 days automatically) for a short period and the finance company will require proof or the policy within a short period of time or assign you a risk policy which will cost you a arm and a leg.