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Do i need to get insurance the minute i purchase a car or do i have a certain amount of time after purchasing a car to get it?
Wiki User
∙ 15y ago
In most states, yes. Some insurance companies may offer limited coverage for a limited amount of time when you buy a car, but in most cases you are required to insure the car the instant you drive off the lot. Yes it is true that if you had the extremely unfortunate circumstance of wrecking your new car (your fault or not) on the way to insuring it, you may be responsible for your damages if you're At Fault, otherwise you better pray whoever hit you has insurance.
Wiki User
∙ 15y ago
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A bulk purchase is when you by allot of something to get it cheaper. Hire purchasing is when you take out a loan to purchase something. You pay off a certain amount each week until the item becomes yours.
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You purchase insurance in order to transfer risk of liability from one party to another. In the case of buying medical insurance, you are purchasing the insurance in order to transfer the risk of you or a family member from getting ill and the financial cost involved with this risk. In exchange for a specified amount of premium the insurance company agrees to accept a certain amount of the risk of the financial loss involved in getting ill and the cost of treatment and medication involved.
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Term insurance is an insurance you get for a specific amount of time. It is only for a certain amount of time. For instance, term insurance can be an insurance coverage for 6 months, 2 years, or 5 weeks.
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The best coupons for purchasing shoes are one's that provide 20% off or higher. Some other great coupons are ones that provide a certain amount of money off on the total purchase.
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The policy may cost you a bit more with those types of providers. You may also be required to purchase a certain amount for a particular period of time.
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What type of coverage do you offer for the comprehensive general liability insurance?
To purchase general comprehensive coverage on an auto insurance plan, is a completely different aspect when compared to general liability insurance. The first will cover a certain amount of the inured and fix-it bill, where the latter will only cover the party at fault in the case of an accident. If you would like both of these, you should purchase full coverage for a discounted price.
How do you buy a non owner auto liability insurance if you do not own a car but you are renting a car?
A rental car is hired with a certain insurance included. The renter is responsible for a certain amount of damage to the vehicle, which is often covered by a credit card company - find out from the card company what the conditions are.
