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Auto Insurance When Selling Your Car: Options and Guidelines

One of the doubts that people may have when selling their auto may be that of What will happen to the insurance they used to protect themselves, and yet, they should know that there are several options to make the best decision.

According to the Mexican Association of Insurance Institutions (AMIS), when a car for which insurance was paid is sold, insurance can be kept if the insurer allows it, since in some cases it can be adapted to a new car . In this stage, What has already been paid of the premium goes to the account of the car to be insured.

AMIS says there are also companies that allow you to transfer your insurance to the buyer of your car. If it can be resolved in your favor, only the pertinent steps must be taken so that, in the event that this person suffers an incident with the car, you are not the one who has to pay the deductible.

There is also the possibility of request a refund for the time that the auto insurance will not be used, However, it is worth pointing out that this option is not always possible.

Whatever option you consider for the future auto insurance of the vehicle you are going to sell, always consult the company with which you have a contract. They will help you know if it is possible to do what you want, what the benefits are and the conflicts that may arise; In addition, they will guide you on dates and documents that you must present when carrying out the procedures.

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2024-04-13 19:06:31
#Car #insurance #sell #car

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