Unless you live in New Hampshire or Virginia, laws require insurance coverage on every car on the road. In those two states, drivers can prove financial responsibility another way. But what about a recently purchased car? Can you drive a new vehicle home from the dealership with no car insurance?
The trouble you’ll face if you drive with no car insurance
The car-buying process can be complicated. And qualifyig for a loan to purchase a vehicle can be downright grueling. Simplify your life by having an insurance policy before buying a car.
When you test-drive a vehicle, it’s covered by the dealer’s insurance policy. But once you purchase that car, you’d better have it insured before you drive it off the lot. If you don’t, and you get stopped by a cop. And if you got into a car accident, the full weight of the law could come down on you hard.
Virtually every dealership requires proof of insurance before allowing a car off the lot. Having a policy in place might solve the issue, but only for a little while. According to ValuePenguin, most insurance carriers allow a current policy to similarly cover a new purchase for up to two weeks.