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Old 29 July 2017, 02:54 AM
UrbanLegends101 UrbanLegends101 is offline
 
Join Date: 24 November 2010
Location: Florida
Posts: 1,385
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Quote:
Originally Posted by GenYus234 View Post
If UK car insurance works like it does in Arizona, it is the insurance company that is hurting. Here, if you already have insurance on a car, a new car purchase is immediately covered and you have 30 days to notify the insurance company. Which would mean that this accident would be fully covered without the insurance company getting one farthing of premiums for this specific car.
That maybe an Arizona practice?

I've never made that kind of a leap in car value, but whenever I've bought a new car, I'd always contacted my insurance broker and pass along the new VIN and vehicle information. I worked on the premise that as soon as the broker said I was covered, I was good to go and they would eventually send me an adjusted bill for the (almost always) increase in policy costs.
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