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If you have an insured car and buy a second vehicle how long of a grace period is there before you need to add the second vehicle to your existing policy?


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Wiki User
2015-07-16 18:28:56
2015-07-16 18:28:56

Check your policy. it will state it there. It differs from Co to Co.

It depends on the policy you have and the dealer you get it from. If your current insurance covers everything you drive, its covered. But if not, than the dealer may offer a 48 hour binder to cover you till you can get to your insurance company.

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If you are insured with another vehicle, you probably have a clause covering newly purchased vehicles. Otherwise - no.

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After the named insured dies the vehicle would need to be insured under a new policy in the name of the person who inherited the vehicle. For the short period of time that the vehicle and other property are being probated, the legally appointed administrator or executor would have the ability to add and delete drivers. The death of the insured would need to be reported to the insurance company immediately by the executor and the name on the policy would be changed to Estate of " " with the executor listed as additional insured if approved by the insurance company.

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This is a contradiction: To "keep it insured" is to keep the coverage, not to suspend it. I think you are talking about a storage waiver, which is something a lienholder would be able to discuss with you. If you have a loan on the vehicle, the lender obviously requires you to keep the vehicle insured. If you STORE the vehicle, however, the lender can or may issue a 'storage waiver', allowing you to discontinue coverage for the time the vehicle is in storage. They set the terms and you must talk to your lender first to determine the requirements of the waiver. If you do NOT have a lien on the vehicle, no outstanding loan, then you only need to carry liability coverages. If you intend not to drive it for a period of time, you can cancel the liability coverage for the time the vehicle is in storage/not being driven. For your own security, however, you should be absolutely certain no one else has access to the vehicle during that 'storage' time.

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Any disease including diverticulosis if exists before and/or at the time of filling up the proposal form for Medical Insurance will be deemed to be 'Pre-existing'. The pre-existing condition will be excluded from the purview of mediclaim for specific period which may vary from one Insurance company to other.However, if the insured person is unaware of existence of any disease like Gol bladder stone and did not mention in the proposal form, the same will not be treated as 'Pre existing'.

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It's not legal to drive an uninsured vehicle, period, and I'm pretty certain every state requires you to maintain insurance in order to keep your tags, so you'd be displaying your New Hampshire number plates illegally if your vehicle was not insured.


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