The grace period for new car insurance in Illinois is 2 to 30 days in most cases. The grace period for a new car is the amount of time allowed for insured drivers. In general, the grace period for car insurance lasts between seven and 30 days, depending on the insurance company. For example, Progressive offers a 30-day grace period.
Some insurers may not even offer a grace period. No matter how long you may go without insuring your new vehicle, you should update your policy as soon as you can. Do you buy insurance before or after the car? When insurance is mandatory, you should have an actual insurance policy for a car as soon as you become the owner of the vehicle. You generally have one week to 30 days to add your used car to your insurance policy.
Again, to be on the safe side, it's best to call your insurance company the same day you buy the car. Again, you typically have a week to 30 days to add your used car to your insurance policy. If you don't have car insurance, you'll need to buy a coverage plan before you leave the car dealership. If you're buying a car over the weekend, you'll have to wait until one business day when the insurance company is open.
However, if you don't have car insurance yet, you'll need to purchase coverage before completing your final purchase. So, even if your insurance company offers a grace period for car insurance, you should try to insure your new vehicle as soon as possible. If you already have car insurance (possibly for another car at home), you can show your insurance card at the dealer. To insure your car immediately after purchase, be sure to contact your insurance provider and change your coverage.
You may not be able to test drive a car and negotiate the sale price before you go shopping, but you can take the necessary steps to purchase insurance for your future vehicle. For example, some companies don't offer pay-per-mile or usage-based discounts, so compare prices with several providers to make sure you get the best used car insurance rates. In short, no, but many have grace periods in auto insurance to remain competitive, so it's important to talk to an insurance agent about the details of the plan. Geico, State Farm, Nationwide and The General are good places to shop if you need car insurance for people without drivers.
If you already have an auto insurance policy, you can simply call your provider and add the vehicle you recently purchased to your plan. Contact your insurance company as soon as possible to inform them about changes to your policy, especially when it comes to confirming coverage for a new car. If you pay with cash or buy a car directly from a private seller, you probably won't be asked to present proof of insurance to take possession of the vehicle. If you're buying a vehicle from a dealer, you'll usually have to show the dealer proof of insurance before taking it home.
Remember that it's illegal in almost every state to drive a car without insurance without proof of insurance, and the consequences of driving or being involved in an accident without proper insurance can be severe.