Sometimes, waiting periods are necessary to verify information and determine risk levels. Other insurance types have one, but you never hear that about auto insurance. Therefore, the team at Atkinson Casey Agency, serving Monroe, GA, will discuss this concern.
Is There a Waiting Period for Auto Insurance?
No. Most auto insurance policies are active immediately after you enroll and make the required payment. If there is a waiting period, it’s because you chose a later start date. However, if you add a brand-new vehicle to an existing policy, there is a 7- to 30-day grace period to pay the premium and to verify adequate insurance coverage. If you trade in an old car for a brand-new one, the grace period is typically a few days. There may be other wait periods depending on the policy.
What Do You Need To Secure Coverage Immediately?
First, know what coverage you need. Bodily injury and property damage liability are the minimum coverage options in Monroe, GA, but lenders may require collision and comprehensive coverage for vehicles with car loan payments. Second, it’s smart to research your insurance carrier options at Atkinson Casey Agency. Third, having your car information on hand before you enroll will speed up the process. The information you need is:
- Names, birth dates, social security numbers, and driver’s license numbers of the drivers covered under this policy
- VINs of all vehicles covered under this policy
- The declaration page of your previous car insurance policy
- Estimated miles you drive per year
- Your address
The agents at Atkinson Casey Agency specialize in drafting new auto insurance policies and revising existing policies. Our partnerships with multiple auto insurance carriers make securing a policy straightforward. Contact us for more information.
