Would someone please explain to me the process of buying insurance before purchasing a vehicle?

Question

Would someone please explain to me the process of buying insurance before purchasing a vehicle?

Answer 1

I would take and pick out 2 or 3 cars that are in your price range and get quotes done first, you will need year, make, model, mileage, color, and whether you are financing it or not. Then once you get the quotes and see what is affordable for you, then go to the dealership and get the car. Then you will call the insurance company back and tell them which car you bought. You will need to have full coverage insurance if you are financing a car, and you have to have that the same day as you buy the car. Good luck and hope I helped.

Answer 2

When you finalize the deal to buy the car, you call up your insurance company, give them the VIN (Vehicle Identification Number aka Serial Number) and they will tell you what your new premium is.

Answer 3

The insurance company needs all the info on the vehicle such as VIN, model, make and if you are financing it.

Answer 4

the best way to find an answer for a  question is trying to explore a approach among an abundant of resources.here is a good one.

http://insurance.freetipz.info/insurance...

Answer 5

If you know exactly what vehicle you will be buying, then it will be much easier and accurate. Write the following info down on paper to have in front of you when you call:

They will need the VIN (vehicle identification number), make, model, and year of the vehicle. They also may ask you additional questions to check security and safety systems on the car. (i.e. the more airbags, or more high quality the security, the lower the rate will be). So be ready to answer questions like those.

Then, the insurance company will give you an estimated quote, which is usually pretty close to what the final cost will be. You will be given options on how you would like to pay (in most cases) monthly, or once every 6 months are popular choices.

Also, if you plan on financing the vehicle, then you will have to have full coverage insurance, but if you are paying cash, then you will only need PLPD (which is much cheaper).

If you don't have an insurance company already picked out, I suggest Progressive. I had since I was 16 and they were wonderful. Fair pricing, great customer service and every statement that I didn't get a ticket or claim, they lowered my premium.

Good luck and happy buying!

Answer 6

You don't need insurance to buy a car but you do need it to get the plates.  This is a requirement to show financial responsibility in case of an accident.  You're paying the insurance company to cover you. You will be required to have full-coverage until you pay the vehicle off. Then you have an option of Full or Liability coverage. After buying the car, call different insurance companies and price coverage. They will ask for vin#, registration# License, accidents in the last 3-5 years. # of drivers using vehicle. Main usage( work, school), mileage per year. and more question...Then you decide. Get your plates. Taa-Daa! Done.