Car Buying

Car Buying Tips for Insurance in Lincoln, NE

Most Lincoln, NE car buyers do their research before making a purchase. They ask responsible questions so that they can make informed decisions. Usually, the smart buyer will ask about the vehicle’s mileage. These individuals will even be sure to check the lights, turn signals, and other features to ensure they work properly.

Unfortunately, even responsible shoppers sometimes forget to consider one important factor: insurance.

You may think that you’ve found the car of your dreams. However, you can’t be confident in your purchase until you’ve considered all of your insurance options. If you are in the market for a new car, Mid-Alliance Insurance Associates recommends you consider these car buying tips.

1. Talk to You Loan Provider in Lincoln, NE

If you pay for the vehicle up front, you own it entirely and are free to determine your own insurance coverage. If, however, you finance the car through your bank or loan provider, that lender may have specific insurance requirements.

Your bank or lender will want to protect their investment. As a result, the loan provider will most likely require you to insure the vehicle for physical damage. You may even be required to purchase a plan with a lower deductible than you would have otherwise.

2. Add the Vehicle to Your Insurance Policy Before Buying It

Of all our car buying tips, this one may be the most important. Because it is illegal to drive an uninsured vehicle, you’ll need to plan ahead. If you have your heart set on a specific vehicle, call Mid-Alliance Insurance Associates. We’ll walk you through your coverage options and help you insure the vehicle before you drive it off the lot.

3. Check Your Existing Policy

Fortunately, some policies have a clause that covers a new vehicle for the first few days after a purchase. Be sure to check your policy for this type of coverage.

4. Call Mid-Alliance Insurance Associates, LLC With Any Questions

Are you in the market for a new vehicle in Lincoln, NE? Give us a call at (402) 421-7800. We will happily discuss these car buying tips and answer any questions you may have.

If you’re ready to make a purchase, we recommend you give us a call today. We’ll help you find the right coverage you need to protect your new vehicle.
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