When to insure a car?

Answer 1

Go ahead and insure the car when you first purchase it. Most dealerships won't let you leave the dealership without insurance first. If the car is financed or leased, it needs to have "full coverage" insurance, which means it needs Comp and Collision along with the Bodily Injury and Property Damage (and maybe PIP too). If you already have a car that has insurance and you purchase a new car (in Florida) you have automatic coverage for 14 days. This gives you plenty of time to call your car insurance agent and add the new vehicle.

In order to get your registration and tag, you will need to provide proof of insurance. This is also known as a Binder. Your insurance agent will BIND coverage for you when they collect money and submit your application to the insurance company. The company then has XX number of days to issue your policy or refund your money.