Do I Need Auto Insurance on my Second hand Car?

Suppose you have been eying a car of your dream, but it’s too expensive when bought brand-new. As a result, you have decided to settle on a used car — of course you get the same car minus the smell of new leather and warranty. But either way, purchasing a second-hand car is an excellent option because it’s affordable, and you take the vehicle when much of the depreciation has been shouldered by the first owner.

Anyway, enough about second-hand car purchases. Let’s talk about insurance. Do you need auto insurance for your used car? If yes, what kind of coverages should you purchase? If you would like to find out, keep reading as Thompson Insurance Services in Highland Village, TX, provides insights.

Is second-hand car insurance required?

Whether driving a new or second-hand vehicle in Texas, you must purchase auto insurance. Failure to buy auto insurance leads to numerous fines and penalties, including license suspension. But is it worth it? You don’t have to learn the hard because you can purchase affordable auto insurance from Thompson Insurance Services.

When should I purchase my auto insurance?

Before purchasing your vehicle, you must buy auto insurance beforehand. Why? You must have auto insurance before driving your car off the yard. Besides, you need to understand how much auto insurance costs to avoid scenarios where you purchase a vehicle only to realize you can’t afford the premiums.

What car insurance options are available for my second-hand car?

Car insurance is broad — there exist many coverages to consider. The typical car insurance coverages to consider for your used car include:

  • Comprehensive and collision coverages
  • Liability coverage
  • Uninsured/underinsured coverage
  • Medical payments coverage
  • Roadside assistance, and so on

Buy car insurance today!

Are you shopping for car insurance in Highland Village, TX? Would you please make Thompson Insurance Services your preferable insurance agent for all your auto insurance needs?