Call Us Call or Email Us Today
Homeowners Insurance HOME Read More
Auto Insurance AUTO Read More
Renters Insurance RENTERS Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Watercraft Insurance WATERCRAFT Read More



About to purchase this weekend and want to know if you're covered?

This is one of the most common questions we get.   New vehicle owners want to know they have coverage on newly purchased vehicles once they drove it off the lot.   If they are unable to secure coverage before they drove off the lot, the existing auto policy extends coverage to newly acquired vehicles for personal use.

“Newly acquired auto” means any of the following types of vehicles on the date you become the owner:

1. A private passenger auto or utility vehicle; or

2. A pickup or van with a G.V.W. of 25,000 lbs. or less not used for the delivery or transportation of goods, materials or supplies other than samples; unless:

a. The delivery of goods, materials or supplies is not the primary usage of the vehicle; or

b. Used for farming or ranching.

This provision (I.) applies only if you:

a. Acquire the vehicle during the policy period; and

b. Notify us within 20 days after you become the owner.   If the vehicle you acquire replaces one shown in the Declarations, it will have the same coverage as the vehicle it replaced.  You must notify us of a replacement vehicle within 20 days only if you wish to add or continue coverage under the Coverage To Your Auto Coverage Section.   If the vehicle you acquire is in addition to any shown in the Declarations, it will have the broadest coverage we now provide for any vehicle shown in the Declarations.


Suzanne Brown Insurance Agency

A Texas Independent Insurance Agency with over 40 insurance carriers

www.SuzanneBrownAgency.com

281-558-2210

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
Twitter
LinkedIn
Blog
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder