Does comprehensive and collision transfer to a new purchased vehicle in Texas?
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Answer:
Yes, If your currently insured vehicle is traded in or upgraded then the newly purchased vehicle is automatically covered for the first 30 days with the exact same coverage as the vehicle you traded in. Within these thirty days you are required to notify your insurer of the vehicle change. Failure to notify the company within the required time period can void or nullify coverage on the newly acquired vehicle. Not that if the Newly purchased vehicle is an additional vehicle purchase, meaning it is not substituting or replacing an already insured vehicle, it may not be covered at all until added to your policy. This will vary by your state insurance laws. you have to notify your insurance company and they will transfer it to you until you can take it in to them to see and fill out forms.
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