Getting insurance on a new car is not the time to skimp on coverage. Your vehicle is brand new, so you’re most likely going to have to take out full coverage, at least until you have paid it off, or if you were able to pay the full amount at the time of purchase, at least until it has several thousand miles on it.
Full coverage is going to be more expensive, and that’s a fact. That’s why it’s so important to make sure you get several insurance quotes. When you are gathering this information, don’t forget to mention all of the safety features that the new car has.
This is true even if you are planning on keeping the same auto insurance company you already have, but this may be a good time to check around and see if other automobile insurance companies do provide rate discounts for additional safety features. If you see that you can get a better rate with another insurance company, you might want to consider changing insurance coverage all together.
In fact, getting several insurance quotes may give you some bargaining power over your current insurance agent. If his rates are more expensive, he might consider an adjustment just so he can keep your business. Make sure, however, that all of them include the maximum amount of coverage you can possibly get or you can afford.
The insurance on your new car will have to be in effect, or you will have to show proof that it will take effect, within a certain amount of time when you go to take care of title and registration paperwork. So make sure you take a declarations page, a letter from your insurance agent, or something that will prove you will have insurance coverage on the car. If you don’t, the Department of Motor Vehicles may not allow you to take care of title and registration duties.
