Jun 21

How do I Get Insurance on a Car I Buy at the Auction?

by in General Auction Information, Not Dealer Only, Uncategorized

Auto auctions can be fun, entertaining, and fulfilling. They can also be part of a painful experience if you aren’t smart about the way you handle your transactions. Auto insurance is one of the most important purchases you can make in your life. It’s also the most important purchase you can make at the auto auction. After you have purchased your shiny, new car at the auction, you have been provided with your buyer sheet confirming you have done so, and you have made your payment, the car belongs to you.

DO NOT DRIVE AWAY FROM THE LOT WITHOUT AUTO INSURANCE!. Auto insurance companies are open 24/7, ready and willing to add your new car onto your policy. Simply call your insurance company with the VIN number and the make and model of your new car, and your insurance provider will do the rest. Also, be sure the policy starts immediately. Even if you cannot print your proof-of-insurance insurance card out, you are covered in the event of an accident or traffic stop. It’s really that simple! Don’t rack your brain over if you should or should not have the insurance; it’s not even debatable. When purchasing a car from the dealership, they require you to be adequately covered before you can drive away from the lot; keep this in mind. Also, if you’re lucky enough to see the cars online beforehand, call around and get some insurance quotes. This way, you’ll know for sure what you would be paying in insurance for certain models.

Guys, driving without car insurance is against the law and could put you and your family in serious financial trouble. Take the time, determine what you’ll need to pay, and pay it before you drive away; otherwise you could be setting yourself up for a major disaster. 

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