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In California do you have to have insurance to buy a car in cash from a dealership?
Wiki User
∙ 14y ago
Yes, it is state law that cars have insurance so they won't let you drive off the lot without proof of insurance.
Wiki User
∙ 14y ago
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How do you get a loan to buy a auto dealership?
No. Not if you have the cash.
When you buy a car from a dealership does the temporary license plate come with insurance?
No, insurance is your responsibility.
What's the cash deposit limit that will have to be reported to the government?
if you buy a car and pay cash will the dealership report the transaction to the government?
How much time is there to put insurance on a vehicle after you buy it?
It depends on the insurance company and the state you live and the laws therein. In California for example you have thirty while in Ohio the vehicle must added to the policy and proof of that must in your possession prior to leaving the dealership. Check with your insurance company. It depends on the insurance company and the state you live and the laws therein. In California for example you have thirty days while in Ohio the vehicle must added to the policy and proof of that must be in your possession prior to leaving the dealership. Check with your insurance company.
Where can one buy motorcycle insurance in California?
One can buy motorcycle insurance in California from a number of brand name automobile insurance companies. Some of these companies include GEICO, Allstate, and Progressive.
When you buy a new car does the dealership have to turn in that information to your insurance company?
No, but unless you are paying cash for the vehicle the lender is going to want insurance coverage on the vehicle until it is paid for in case something happens to it. Therefore, the lender is going to want a policy number insuring their vehicle is covered.
Where can I buy cheap California car insurance?
AAA, Geico, and esurance offer affordable rates for auto insurance in California.
If you buy a used car cash do you have to have insurance to take the car off the lot?
no
How do you buy cars in NFS pro street?
When you have enough cash, go to the dealership (located in the menu that you look at your cars) and pick one you can afford and click buy it
Can you buy a house and not want insurance?
Yes. If you pay cash for your house then you do not have to buy insurance. The only time you have to buy insurance on a house is if you take out a mortgage, the lender will probably require you to have insurance. That is in case the place burns down, it protects the banks collateral.
Do you need car insurance if you paid cash for the car in california?
Congratulations for having the cash to buy your car. Will you also have the cash to pay for the $80,000 car that you hit and total in an accident that is your fault? Do you also have the cash to pay the $400,000 judgement that is awarded to the other party for injuries, lost work pay, and medical expenses. These are not unrealistic figures on losses. This is why you have insurance. It is an exchange of risk for premiums. This lowers your financial risk of loss but of course you have to pay some premium for the insurance company accepting the risk.
When you buy a new or used car how long do you have to get insurance in NC?
If you buy it from a dealer, you won't leave that lot without insurance on the vehicle. Legally, that vehicle needs to be insured before you drive it on any public roadway, regardless of if you buy from a dealership or a private seller.
