0
Depends on several factors. Just how old are you talking? Is the vehicle worth anything? It may be eligible for a collector policy if it is not a daily driver. You certainly want enough liability to be really protected(a high amount). If the vehicle is not worth anything according to blue book or collector guides, then comprehensive and collision are not necessary to carry. Greg Nice greg_wsl_nice@Yahoo.com
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
If you buy a new car on a weekend is your new car insured if you have insurance on the old one?
Replacement or Additional VehicleGenerally, if the vehicle replaces another vehicle already insured, it will have the same coverage as the one being replaced. However, for comp or collision to continue, you must notify the carrier/insurer within 30 days of acquiring the vehicle. If it is an ADDITIONAL vehicle (not replacing one already shown on the declarations page), you will automatically receive the broadest coverage currently on the policy for any vehicle listed in the declarations page. NOTE that that means if you have insured only vehicles that are older, with no outstanding loans, and you carry only Liability coverages for that vehicle, that is the only coverage this newer vehicle will have. The obvious problem with that is if you are in an accident and the new vehicle is damaged before you can contact your insurance company, there will be NO COVERAGE for the damages TO THIS NEW VEHICLE. MOST auto policies provide coverage for a 'new' (additional) or 'replacement' auto, when you already have the same coverage for the prior car. For example: Let's say I own a 2003 Honda. I purchase a 2006 Toyota on a Saturday afternoon, or for that matter, on a Wednesday morning. If I trade it in, the 'new' car will automatically have the same coverage as the vehicle I traded in, for up to 30 days.
Does Best Buy sell vehicle tracking systems?
"Best Buy sells GPS systems for cars, which are essentially considered vehicle tracking systems. That is what they do, they track your vehicle to give you directions."
When would you not carry full coverage auto insurance?
If you own a car outright and have paid off loans used to buy it, you are no longer required to have full coverage insurance for it. At this point, it a personal choice. If your car has worth that you cannot afford to lose in the case of an at-fault collision or theft. On the other hand, if the vehicle is older or not worth so much, it may not be worth it to pay for full coverage insurance.
Can you purchase GAP insurance from ford motor credit after you financial your vehicle?
I have found that it's cheapest to buy that type of coverage from your insurance policy. Some offer this type of coverage and some do not. Shop around.
where can i buy the best health coverage?
There are many options to choose from when looking to buy health coverage. Local doctors offices with have brochures available. Depending on what country you live in, your local government website will also have a list of companies that offer health coverage plans.
What dental insurance coverage do full time Best Buy employees have?
Everything complete package
What dental insurance coverage do full-time Best Buy employees have?
Everything complete package
Do you need auto insurance before you buy a car?
You are required to have at least Liability Coverage for the vehicle before ytou drive it off the lot!
Do you have to have full coverage on each vehicle you have or is it enough to have it on one and liability on the others and be fully covered?
You'll be fully covered only on the vehicles for which you choose to place full coverage insurance. The others will only be covered for liability losses if you only buy liability coverage for them.
Is collision insurance mandatory on financed auto that's nearly paid off?
most lein holders require coll and comp coverage to protect their (the are co-owners in effect of this vehicle should you default on the loan they don't want to try and sell a wrecked car) vehicle.. if you don't have it and prove it to them that you do have coverage, they will put this coverage on the vehicle themselves (and charge you) typcially at a much higher rate, than you can buy it for, it would be good idea to put it on the vehicle yourself until it is paid off.....
What are some of the best used cars to buy?
When buying a used car, you can spend similar amount for an older import vehicle, versus a newer domestic brand. One of the best used car to buy in my personal opinion would be Acura due to its Honda reliability and luxury. Without the price tag of a Lexus.
How do you buy auto insurance without a licence or car?
A driver's license or a learner's permit is necessary in order to buy liability insurance. The insurer's underwriting of the risk is dependent upon some minimum showing of the ability of the applicant to operate the vehicle, and a license evidences that. It is not necessary to own a car in order to obtain liability coverage. Most insurers will sell a liability insurance product that is generically referred to as "non-owners coverage". This sort of policy is tied to the person who purchases it and provides liability coverage for him/her regardless of the vehicle being operated. Other kinds of auto insurance, such as collision and comprehensive coverage require that the person purchasing it have an "insurable interest" in the vehicle. This means that he/she has a financial stake in the continued existence/condition of the vehicle.
