Wrecked 1998 Corvette
04-15-2011, 04:36 PM
#21
Maybe this will help I know its not the exact same but kind of the same principle
04-19-2011, 06:29 PM
#23
Damn! You are one smart feller! Here's what I found:
http://www.autoclaimsolutions.com/acw/faqs.html
8. Is there coverage for a new vehicle that I have purchased but has not been added to my policy ?
Yes. An additional car is covered with the broadest coverage provided by your policy. This means if you have a car with liability coverage and a car with collision, comprehensive and liability coverage, the replacement car will have the broadest coverage. A replacement car has the same coverage as the car it replaced. If you traded in a car with only liability coverage, the replacement car will only have liability coverage. Please note: you only have 30 days to add the new or replacement car to your policy or there may not be any coverage if involved in an accident or loss.
Another site: Rules vary
Here are examples of how some major insurers handle transfer of coverage to another car. Your state may have a law that dictates a minimum timeframe.
Allstate: You must inform Allstate within 30 days of buying a new vehicle; after that, there is no coverage. If you add an additional car, you also have 30 days to tell Allstate. Within that time frame the new vehicle will have the same coverage and deductible that your other car carries.
Progressive: You have 30 days to notify Progressive after you purchase a new car. If the new car replaces your old insured car, it will have the same coverage as the car it replaced for 30 days. After that, if you previously carried collision and comprehensive coverage, it won't apply to your new vehicle. Only your liability coverage will still be in effect for the remainder of the policy term. If you buy an additional car that doesn’t replace an existing vehicle, it will have the highest coverage you currently have in your policy -- but only for 30 days and as long as all your vehicles are insured by Progressive.
State Farm: You have 14 days to let your State Farm agent know that you've bought a new car. After 14 days there is no coverage for the vehicle.
But "if the state laws require more, say 30 days, we would have to abide by that ruling," says Jeff McCollum, spokesperson for State Farm. "But the vast majority of states is 14 days for us."
http://www.autoclaimsolutions.com/acw/faqs.html
8. Is there coverage for a new vehicle that I have purchased but has not been added to my policy ?
Yes. An additional car is covered with the broadest coverage provided by your policy. This means if you have a car with liability coverage and a car with collision, comprehensive and liability coverage, the replacement car will have the broadest coverage. A replacement car has the same coverage as the car it replaced. If you traded in a car with only liability coverage, the replacement car will only have liability coverage. Please note: you only have 30 days to add the new or replacement car to your policy or there may not be any coverage if involved in an accident or loss.
Another site: Rules vary
Here are examples of how some major insurers handle transfer of coverage to another car. Your state may have a law that dictates a minimum timeframe.
Allstate: You must inform Allstate within 30 days of buying a new vehicle; after that, there is no coverage. If you add an additional car, you also have 30 days to tell Allstate. Within that time frame the new vehicle will have the same coverage and deductible that your other car carries.
Progressive: You have 30 days to notify Progressive after you purchase a new car. If the new car replaces your old insured car, it will have the same coverage as the car it replaced for 30 days. After that, if you previously carried collision and comprehensive coverage, it won't apply to your new vehicle. Only your liability coverage will still be in effect for the remainder of the policy term. If you buy an additional car that doesn’t replace an existing vehicle, it will have the highest coverage you currently have in your policy -- but only for 30 days and as long as all your vehicles are insured by Progressive.
State Farm: You have 14 days to let your State Farm agent know that you've bought a new car. After 14 days there is no coverage for the vehicle.
But "if the state laws require more, say 30 days, we would have to abide by that ruling," says Jeff McCollum, spokesperson for State Farm. "But the vast majority of states is 14 days for us."
04-20-2011, 10:56 AM
#25
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Damn! You are one smart feller! Here's what I found:
http://www.autoclaimsolutions.com/acw/faqs.html
8. Is there coverage for a new vehicle that I have purchased but has not been added to my policy ?
Yes. An additional car is covered with the broadest coverage provided by your policy. This means if you have a car with liability coverage and a car with collision, comprehensive and liability coverage, the replacement car will have the broadest coverage. A replacement car has the same coverage as the car it replaced. If you traded in a car with only liability coverage, the replacement car will only have liability coverage. Please note: you only have 30 days to add the new or replacement car to your policy or there may not be any coverage if involved in an accident or loss.
Another site: Rules vary
Here are examples of how some major insurers handle transfer of coverage to another car. Your state may have a law that dictates a minimum timeframe.
Allstate: You must inform Allstate within 30 days of buying a new vehicle; after that, there is no coverage. If you add an additional car, you also have 30 days to tell Allstate. Within that time frame the new vehicle will have the same coverage and deductible that your other car carries.
Progressive: You have 30 days to notify Progressive after you purchase a new car. If the new car replaces your old insured car, it will have the same coverage as the car it replaced for 30 days. After that, if you previously carried collision and comprehensive coverage, it won't apply to your new vehicle. Only your liability coverage will still be in effect for the remainder of the policy term. If you buy an additional car that doesn’t replace an existing vehicle, it will have the highest coverage you currently have in your policy -- but only for 30 days and as long as all your vehicles are insured by Progressive.
State Farm: You have 14 days to let your State Farm agent know that you've bought a new car. After 14 days there is no coverage for the vehicle.
But "if the state laws require more, say 30 days, we would have to abide by that ruling," says Jeff McCollum, spokesperson for State Farm. "But the vast majority of states is 14 days for us."
http://www.autoclaimsolutions.com/acw/faqs.html
8. Is there coverage for a new vehicle that I have purchased but has not been added to my policy ?
Yes. An additional car is covered with the broadest coverage provided by your policy. This means if you have a car with liability coverage and a car with collision, comprehensive and liability coverage, the replacement car will have the broadest coverage. A replacement car has the same coverage as the car it replaced. If you traded in a car with only liability coverage, the replacement car will only have liability coverage. Please note: you only have 30 days to add the new or replacement car to your policy or there may not be any coverage if involved in an accident or loss.
Another site: Rules vary
Here are examples of how some major insurers handle transfer of coverage to another car. Your state may have a law that dictates a minimum timeframe.
Allstate: You must inform Allstate within 30 days of buying a new vehicle; after that, there is no coverage. If you add an additional car, you also have 30 days to tell Allstate. Within that time frame the new vehicle will have the same coverage and deductible that your other car carries.
Progressive: You have 30 days to notify Progressive after you purchase a new car. If the new car replaces your old insured car, it will have the same coverage as the car it replaced for 30 days. After that, if you previously carried collision and comprehensive coverage, it won't apply to your new vehicle. Only your liability coverage will still be in effect for the remainder of the policy term. If you buy an additional car that doesn’t replace an existing vehicle, it will have the highest coverage you currently have in your policy -- but only for 30 days and as long as all your vehicles are insured by Progressive.
State Farm: You have 14 days to let your State Farm agent know that you've bought a new car. After 14 days there is no coverage for the vehicle.
But "if the state laws require more, say 30 days, we would have to abide by that ruling," says Jeff McCollum, spokesperson for State Farm. "But the vast majority of states is 14 days for us."
Now what do you know?:
It varies by state
It can vary by company
It only applies if it replaces your previous car
But my policy is 30 days, and a google search told you the same thing others telling you, kongrajumalations.
09-21-2011, 02:26 AM
#26
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Crazy... This is the car we ended up buying. We are currently still trying to piece it together. Hasnt been a cheap fix and there definetly was frame damage.
09-21-2011, 12:34 PM
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10-02-2011, 09:08 PM
#30
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Think my pops got it for $3500 I think... And from what I guy said no it wasnt covered. Ill post current pics of it soon. Its almost done just needs a couple of things here and there.
