3 Types of Insurance You’ll Need for Your Used Car

used car dealer insurance

So you’ve finally gotten your hands on a new car – well, new to you, at least. Buying a used car is a financially sound decision and one that many drivers have been making in more recent years more frequently. However, in order to get moving legally, you’ll need to check into used car dealer insurance. Whether it’s insurance that you’re getting through your dealer or you choose to go elsewhere for your coverage needs, there are a few key coverage options you’ll need to look out for to ensure you’re able to face the many threats of the road with confidence.

  1. Liability Insurance: This is always the most basic coverage you’ll require to drive legally. This particular coverage pays for damage done to other cars in the event that you happen to cause an accident.
  2. Medical Payments Coverage: In the event that you or someone else is injured during the accident, this coverage option has your back. Your used car dealer insurance will help out with expensive medical bills.
  3. Comprehensive Coverage: This coverage is for threats that occur when your car is parked and you’re not on the move. Theft and fires are only a couple of these potential threats that this insurance option protects you from.

Use these three types of used car dealer insurance to ensure that you and your ride are financially safe and sound on the road ahead, regardless of your next destination.