Cover A First, Be It A Second-Hand Car

Buying a car, whether used or new, triggers an emotion of happiness and joy in an individual. It is considered as one of the major milestones in a person’s life than a mere necessity. Hence, it is imperative to take steps to safeguard or protect the new possession. Let’s look at the options of buying a motor insurance to protect your car. When a person buys a second-hand car, there might be two situations. One, the previous owner has taken a comprehensive insurance for the vehicle and the expiry date is still months away and the insurance also comes along with the car. Two, there might not be any insurance available for the vehicle. In the first scenario, where the insurance taken by previous owner is available, one must immediately apply for transfer of insurance in his/her name. The buyer  must approach the insurance company that has issued the policy to the previous...