No. You can not drive it off the lot on to the street without insurance. If you already have insurance you have 10 days to contact your insurance company or your new car will not be covered. As for plates, you are at the mercy of the State. Assuming the dealer paid the fees in due time
A repo man may surrender plates to the DMV if the vehicle they have repossessed is not roadworthy or if the owner has not maintained the required auto insurance. Surrendering the plates ensures that the vehicle cannot be driven illegally.
Once you are issued the plates you MUST display them. Even if you have temporary plates (paper or cardboard) with an expiration date that has not yet passed, they become null and void once the vehicle has been issued permanent plates.
Normaly when you fail a smog test or e-check the technician gives you a paper stating why the vehicle failed and until it gets repaired the vehicle can't be issued new license plates or tags. Once the vehicle is reparied you can go back and have the vehicle tested again and get the results as soon as the test is finished. Once passed you get a paper stating the vehicle passed and can be issued new license plates and/or tags.
a dealer should have a bond. The coverage on the vehicle is like having a liability policy. If the dealer was driving the car and had an at fault accident, he will have to pay for repairs on his vehicle and the bond will cover the other persons car. Once you buy a car from a dealer, you are responsible for purchasing insurance for the vehicle, the dealer is no longer liable. In fact, the dealer should require that you have insurance before you drive the vehicle off the lot.
No. Only when the vehicle is repossessed and always once the licence plates are turned in.
Not necessarily. If you never drive it you don't have to keep insurance. If you do use it, (at least once a month at best), you are required to have insurance as you have to have insurance anytime you are on the road with a motor vehicle.
Yes, vehicle insurance can be done online. Many insurance companies offer the option to purchase and manage vehicle insurance policies through their websites or mobile apps. The process typically involves filling out a form with your vehicle and personal details, comparing quotes, selecting coverage options, and making a payment. Once completed, your insurance policy is issued digitally, and you can access your documents online.
You can find motor vehicle insurance companies online from websites such as Cheap Car Insurance Network. Once on the website, enter in your Zipcode in the form at the top of the page to get a free customized quote.
If your insurance is expired you don't have insurance. You can find the exact minute of your insurance on your declaration page or your non-pay notice.
I take it you mean, if your car IS repossessed. In that case, IF you dont plan to redeem it, NO. NO car, NO insurance. Once the lender repos the car, they are responsible for the insurance coverage.
Physical damage coverage on an auto policy says that the insurance company has the option of paying to repair, replace, or pay the actual cash value of the vehicle. In the case where the damage to a vehicle's cost to repair is more than the ACV of the vehicle the vehicle is totalled and the company will pay the ACV of the vehicle. Sometimes when you buy a new vehicle without much or any downpayment you quickly get "upside down" in the loan. As the value of the car depreciates, the loan balance doesn't fall nearly as fast. For the first couple of years you owe more than the value of the vehicle. The insurance company has nothing to do with auto loan. GAP insurance was created to cover the difference in the ACV of the vehicle and the loan payoff. You can buy GAP insurance from the finance company or bank that financed the vehicle or from your insurance company. Purchasing from the insurance is much less expensive and you can drop the coverage once the loan balance falls below the value of the vehicle.