Do you need auto insurance when buying a new car?
You want to buy a new car on a nice Saturday morning. So you head off to the local dealership. You find the perfect car, agree to a great price and then sit down to get through the paperwork. And the time comes where the dealer ask you if you have auto insurance. Your answer is yes.
Why does car insurance cost more when you buy a new car?
For example, if you currently have a small runaround and buy a powerful sports car, or a 4x4 with a large engine, your insurer is likely to increase the cost. This is to meet the added risk and expense of your new vehicle.
Who is responsible for car insurance when buying a new car?
As the driver, purchasing car insurance for your new vehicle is your responsibility. Even if the dealership offers to purchase insurance for you, you should not rely on them to do so.