Honeymoon Travel Insurance by Tweetanya

<>a>p>Why does anyone buy auto insurance coverage for their cars? Well, people buy car insurance for a number of different reasons. While some people buy automobile insurance solely to satisfy their state’s requirements, others purchase an auto insurance policy because they really want to protect their investment in their car as well as other people’s property.

If you are going to buy or sell a car here are some very important facts that will help to keep you out of trouble:

If you are buying a new car for yourself and you are not going to trade in or sell the car you are currently driving you should not tell your insurance company or your insurance agent to add coverage for your new car and remove the car insurance for your existing car. Instead just add the necessary coverage for the car you’re going to buy.

However, if you’re going to sell your car it is extremely important that you keep your car insurance coverage on the car until you sell it and the title for the vehicle is legally transferred to the person you are selling it to.

You don’t want to find yourself in the position of a newlywed couple who, when returning from their honeymoon, decided to go shopping for a new automobile.

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They decided to buy a new car but the dealership wouldn’t offer them what they thought their old car was worth for their trade in. So they decided to keep their old car and buy the new car as well.

They called their insurance company while they were at the dealership and told the underwriting department to add new auto insurance coverage for the car they were about to buy and to remove the car insurance coverage on their old car. It seems that they just didn’t want to pay insurance for a car they were not going to drive.

They were really excited about their new car and they drove both cars home. They soon put an ad in their local paper to sell the old car. It took awhile, but several weeks later they finally found an interested buyer.

Someone came to take a look at their used car and really liked it. He told them he would buy the car, but asked if he could drive the auto around the block first.

Two hours later the man still hadn’t returned, so they called 911. A little while later an officer arrived and told them that their car was involved in a high speed accident around 20 miles from their home.

The person driving their car got sped through a stop sign and ran into another car. The passengers in the other car along with both drivers were rushed to the hospital and the cars were towed away.

The police officer said that although the officer on the scene knew that the person driving their car was testing it he couldn’t find any current proof of insurance.

What ensued was not very pleasant. The young couple became the defendants in lawsuits from the insurance company of the not-at-fault driver. The State Police gave them tickets for permitting their car to be driven without the proper insurance coverage. And, to add insult to injury, the man who test drove the car had his attorney sue the couple.

In addition, their used car, which was worth around ,000, was a total loss because it was uninsured.

Perhaps the accident would have happened whether or not the couple still had the insurance coverage they needed. However, if the couple kept the car insurance coverage on their old car until the title had been transferred then they could have avoided most of their problems.

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