i’m in georgia. bought a cheap used car on friday, 10/25, but now things have changed, and i’m selling it back to the dealer on monday, 11/4, so i’ll only have it for about 10-11 days. the dealer isn’t sure if the title will even go into my name officially.
my main concern is avoiding an insurance lapse that could raise my premiums on the car i already own and plan to keep.
if i get insurance on this temporary car but the title never transfers to me, will that hurt me? or can i skip insuring it since my insurance company offers a 30-day grace period and i won’t have it long? just trying to avoid any issues with future rates. thanks for any advice!
SniddesWesly said:
if you have an active policy, you won’t have a lapse.
no active policy means a lapse.
it’s really that straightforward. grace periods, title status, and dmv timelines don’t change that.
thanks for clarifying—just to be sure, do i need a policy on the temporary car, even if the title isn’t in my name? or is my existing policy on the car i’m keeping enough to avoid a lapse?