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If you already have auto insurance on another vehicle, most insurance companies will cover you up to a month while you work on insuring the new vehicle. On the other hand, if you do not already have auto insurance, you had best not be driving the new vehicle until you get insurance. If auto insurance companies find that you've been driving without insurance they will raise your rates when you DO get around to it, and they'll put you into a high-risk group.

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Q: How long do you have to get insurance if you buy a car with cash from another individual?
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Related questions

Which type of insurance dose not build a cash value for the in sured?

Pure term life insurance. In this kind of policy, there is no cash value of the policy for the insured. The policy holder gets no tangible or monetary benefits as long as he/she is alive. Only the survivors of the insured can reap the benefits of this kind of policy. So, we can say that this type of policy has no cash value for the insured individual.


How long does it take to put another family member on your car insurance?

As long as it takes to reach your insurance agent by phone.


How long do you pay for life insurance is there a time period or is it for as long as your alive?

Some forms of life insurance have a cash value, and some do not require premiums to be paid after a certain percentage of the cash value has been paid in. "Term life" normally has no cash value, and as you get older may either increase the premium or more likely decrease the face value.


Can you repay a loan with a partial surrender on a life insurance policy?

Some types of life insurance develop cash value; these are called whole life policies. Term insurance has no cash value. So it depends upon the kind of life insurance you have, and it may also depend upon how long you have been paying premiums.


Can a husband cash in a wifes life insurance if she is still alive?

Yes as long as he is the owner of the policy...he can do whatever he wishes.


How long does it take for cash to accumulate in your life insurance policy?

You have to check the illustration or cash value table. Maybe 3 years. For more info see www.steveshorr.com/life.htm


Do you have to pay taxes on life insurance?

Life insurance death benefits are paid out tax-free as long as your premiums were paid with after-tax money. If you have a cash value life insurance policy and surrender the policy, you may be subject to a taxable gain if the total cash value exceeds the cost basis of the policy.


What if you forge your signature to cash an insurance policy?

If you do that you might have to spend a long vacation in the County Castle or a life vacation in the Amazon.


If you let a life insurance policy lapse and then later have it reinsted how long do you have to wait before you can sell that life insurance policy?

What do you mean "Sell" the life insurance policy? Once it is back in force and you are the owner, you can cash it in at any time if there is in fact a cash value. I guess you would have to better define what you mean by selling it.


What type of insurance is an annuity?

an individual who buys an annuity pays the insurance company a sum of money and, in return, will receive a monthly income for as long as the purchaser lives.


What is the cost of maintaining an individual with autism?

An individual with autism will not qualify for Long Term Care insurance. He will qualify for SSDI and other government entitlements. As far as the cost of Long Term Care, it varies from one part of the country to another. $250- $300/day is a good ballpark number you can work with. I am not sure you are thinking on the right track tho. You need a lawyer's help, not someone savvy on insurance. Hire one!


Can you take out life insurance on another person?

Yes, as long as they are willing to sign the application. Or, if a minor and some insurance carriers, as long as you have insurable interest. 4lifeguild