Can A Car Dealership Sell Insurance

Car dealers sell gap coverage at ridiculously inflated prices.

Can a car dealership sell insurance. By law the car being test driven must be insured and this can be arranged through either the seller or buyer s car insurance. State laws differ but in most you can t drive a car off the dealership lot without proof of car insurance. Where and how the buyer obtains the coverage is up to the buyer. Figures are hard to nail down but dealers routinely charge quadruple what a regular insurance company will.

There s no need to go to another allstate location to purchase other insurance products. Customers can take care of all of their insurance needs at the dealership agency. If you have another vehicle covered by a policy already your provider will usually cover the new car automatically for up to four days from when you make the purchase. A common held myth is that a fully comprehensive policy gives the policyholder third party cover to drive any car but not all policies do.

If the dealership carries a car brand that offers its own car insurance policies it could create a conflict of interest. When a dealer discloses that a vehicle has a salvage title it has to be a real disclosure. How can a dealership sell a car without a title. If you have other cars on your policy you likely don t have a problem.

It can t be buried in fine print. The problem is this. The few dealers that i have found that will sell cars that fail inspection are large multi state dealers so i doubt they would do this illegally. If the buyer drove the car off the lot without either already having insurance or purchasing insurance from the dealer then the buyer drove off the lot illegally and is responsible for damage that might arise out of the use of the.

I know individuals can sell a car without being inspected and it would be up to the buyer to inspect it to get it registered. However if you don t you risk having no coverage. Pradeep gaur mint insurance sold by car dealers can be costly 4 min read. 21 feb 2017 04 12 am ist deepti bhaskaran.

If you buy another car at the same time you sell you can simply contact your insurance agent and notify him of the vehicle change. Car dealers might miss out on such information but as a buyer such pieces of information can be very crucial. But can a dealer legally do that as well. If a dealer says that a car may have been salvaged or may have been totaled that s not enough.

When you buy a car it may be simpler to buy the insurance. Remember too ga law would require the buyer to have insurance before the buyer can drive legally.