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After selling your car you should cancel the car insurance policy on it so you do not pay for coverage while someone else owns the vehicle. However, you want to make certain that you still have coverage during the sale of the car so test drivers do not have to operate your vehicle without any coverage. If you plan on driving another vehicle after selling your current car, you want your new policy to start as soon as the old one ends or else you could have a coverage gap. Even just a few days without coverage is a crime in most states and you risk a complete loss should something unfortunate happen. Unless you want to pay for insurance on another party's car, cancel your insurance as soon as you transfer the title. Autos.com recommends giving your insurer 5 to 7 days advanced notice to give them time to process this request. Also, do not stop paying your monthly premium as this could affect your credit rating. Autos.com: Selling A Car? Know When to Cancel Your Auto Insurance Cars Direct: When to Cancel Car Insurance When Selling a CarOn One Hand: You Should
On the Other: Make Sure You Time It Right
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by thatsJustme on September 13th, 2011
keep it til it is OUT of your name....
by hirokorast on September 13th, 2011
Try this site where you can compare quotes from different companies
http://www.usainsurancequotes.net
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