Agent, Rural Mutual Insurance Co., Union Grove, WI
That's solely up to the dealership and your lending institution if you have the vehicle financed. I don't believe that there are any dealerships out there that would be willing to take the risk of a vehicle being damaged or people being hurt by an uninsured motorist out for a test drive.
Oh yes, you most definitely drive the car off the lot. But, what if....
What if there is an accident? Even a small scratch on your or other car may result in $1,000s of repair cost.
While most of the carriers don't charge cancellation fees, I suggest you get the coverage for the car before leaving the lot. Just make sure you've chosen the carrier without the midterm cancellation fees.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
There are two agencies that would not want you to drive an uninsured car off the lot. The first is your state department of motor vehicles. That is against the law in most places. The second is the finance company that is loaning you the money for the car. Their security is bound up in the car and they will not allow you to jeopardize their security.
Great question! Legally, the answer is no. And you really don't want to, as the penalties for doing so are not worth the trouble. The best thing to do, once you've decided on the car you want, is to call your agent, and give them the information on the car you are wanting to buy. Have them fax or e-mail the amended or newly issued proof of insurance to the dealership, and drive your car home safely, and legally. Some dealerships will also have an agent on premise, but their policies are probably going to be much more expensive than tour agent would be. Thanks for asking!
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What if there is an accident? Even a small scratch on your or other car may result in $1,000s of repair cost.
While most of the carriers don't charge cancellation fees, I suggest you get the coverage for the car before leaving the lot. Just make sure you've chosen the carrier without the midterm cancellation fees.