Keep Full Coverage While Selling: Here’s Why
Keep Full Coverage While Selling: Here’s Why
Selling your car? Don’t make the mistake of dropping your insurance coverage. Keeping full coverage while your car is listed for sale is crucial for several reasons.
1. Protection During Test Drives
Test drives are a key part of selling your car, but they come with risks. If an accident happens during a test drive, your full coverage insurance will help cover the damage to your car and others involved. Without it, you could be stuck with the cost.
2. Liability Coverage
If a potential buyer causes an accident during the test drive, liability protection kicks in. Full coverage protects you from paying out of pocket for damages or injuries caused by someone else.
3. Protection from Unexpected Damage
Accidents can happen even when the car isn’t being driven—like vandalism or weather damage. Full coverage ensures you’re protected from unexpected events while your car is waiting for a buyer.
4. Preserve the Sale Price
If the car gets damaged while listed, its value could drop. Full coverage helps you quickly handle repairs and keep your car in top shape for potential buyers.
5. Always Check Your Policy
Insurance policies can vary, so it’s smart to review your coverage with your agent. If you’re unsure about what’s covered, reach out to confirm your policy fits your needs while selling.
Disclaimer
Always check with your insurance provider to make sure you’re covered. Every policy is different, and it’s best to get confirmation on your coverage.
In short, keeping full coverage while selling your car protects you from potential risks, whether it’s during a test drive or unforeseen damage. Always stay covered, and if in doubt, contact your insurance agent.