Do I Need Car Insurance Before I Buy A Car ◎

Be careful—this often only applies to the coverage levels you already have. If you're upgrading from an old car with liability only to a new one, you might lack necessary collision coverage during this period.

How you handle insurance depends largely on whether you already own a car or are a first-time buyer. do i need car insurance before i buy a car

Most major insurers offer a "grace period" (usually 7 to 30 days) that automatically covers a newly purchased vehicle under your current policy's terms. Be careful—this often only applies to the coverage

It is illegal to drive without insurance in almost every state (except New Hampshire, with conditions). Most major insurers offer a "grace period" (usually

Even a short drive home carries risk. If you have an accident without insurance, you are personally liable for all damages and medical bills. Expert Advice & Experiences

If you are financing, your lender will mandate "full coverage" (comprehensive and collision) to protect their financial interest in the car.