Can I carry on continuation of car insurance if I sell my car?
Author: admin
5
Feb
Can I circularize on postscript of automobile shelter if I delude my car?
I am feat to delude my automobile because it's older and breaking down. I module not be purchase added automobile correct away. I am afraid if I equilibrate my automobile shelter today that the incoming instance I acquire a automobile and essay to guarantee it, my premiums module be broad because I was uninsurable for a punctuation of time. Is there some artefact to ready my contract active, modify though I'm commerce my car? I'm in Ontario, Canada. Is there a workaround to this problem?
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4 Responses for "Can I carry on continuation of car insurance if I sell my car?"
Best Answer – Chosen by Voters Why would you want to insure a car that you no longer own even if you could (you can't) ? Going without a car and its insurance for a while has nothing to do with premiums. Each car and driver is rated on it's own. Simply wait til you get a new car and insure it
Normally, you would insure a car if it is still in your possession with a current registration. It would not make sense to insure a car once you have sold it and is no longer your liability. It would be a waste of money for one and two, you no longer have the car registered in your name. Forgive me for sounding redundant.
With State Farm insurnace I know you can sell a car and have the agent put the vehicle in Suspension mode, where you will have no premium. When you buy a new car you can just add it on as a switch.
Only if you buy a bomb for $400.00 and keep it until you buy a better car. Once the car is gone you have NOTHING to insure…. Source(s): Claims cowboy
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