Insurance of a used car: how to get there efficiently?

When purchasing a new vehicle, the prefecture issues a preliminary registration certificate. This facilitates the signing of a car insurance contract.

But when it comes to a used vehicle, in the absence of this document, buying car insurance is somewhat different.

Insuring your used car: a specific and simple process

French law requires that at least all motor vehicles be protected by civil liability. Also if you are consideringbuy a used car, you have a duty to insure it. Since this insurance should take effect as soon as you acquire your car, the best option is to take out an insurance contract before entering into your purchase.

The formalities before buying the car

By signing an insurance contract before completing your purchase, you can move freely and legally as soon as you have the keys in hand. The formalities to be completed are quite simple. First you need to obtain the technical data for the used car. These include:

  • from the date of first registration,
  • the trade name,
  • the vehicle model,
  • of the release.

This information is listed on vehicle registration document. You can therefore demand them from the seller or ask him for a copy of this card. If you have a car contract with a company, the procedure is even simpler. All you have to do is state the characteristics of the car and your insurer can make an insurance proposal for you.

If you are planning to change company, you should consider researching the different insurance companies. You can, thanks to an offer on a car insurance, find the offer that really suits you. So, once you have chosen your insurance company and accepted their proposal, let them know the date and time of the purchase of your used car.

Based on this information, he will be able to determine the effective date of your contract. It is important to anticipate the time of sale in order to respect the opening hours of companies. If your purchase takes place in the evening, on a public holiday or on a Sunday, it is important that your insurance company is informed in advance.

Otherwise, your contract will not take effect at the time of takeover and you will be in conflict when you get behind the wheel. This can result in you paying a fine of up to € 3,750. Other penalties may apply, such as suspension of your driving license and confiscation of the vehicle. Finally, to validate your subscription, your insurance company will ask you for other information.

This is mainly your driving license and your information statements, means of payment as well as an account statement. A deposit will definitely be required to validate the contract. Once this is done, your insurer will issue one 30 days temporary proof of insurance and a cover slip.

The formalities after the acquisition of the car

Once your purchase is made, your insurance company may ask you a copy of the old registration document signed and crossed out by the previous owner. He could also require a copy of the transfer certificate to confirm that the sale is actually effective. All you have to do is get the car registration certificate in your name.

As you are the new owner of a vehicle already registered, French law gives you a deadline to complete this registration formality. The process is performed online on a government website or through an approved intermediary.

As soon as you are in possession of your new gray card, send a copy to your insurance company. Thus, he will be able to make the final contract, of which he will send you two copies. You must sign one of the copies of the contract and return it to your insurance company. This will give you the sticker to stick on the windshield as well the green card of the vehicle.

Choose the right warranties for your used car

When you buy a used car, taking out the “civil liability” guarantee is an obligation. This warranty is intended to protect third parties from damage caused by an accident for which you are responsible. However, when choosing your formula, you have the option of adding guarantees.

Before proceeding, be aware that the “all risks” formula is not recommended for a used car. This formula provides comprehensive coverage for the vehicle and its owner, but its cost is quite high. In addition, it is generally based on the market value of the vehicle. However, since it is used, your car does not necessarily have a significant market value.

Most often, insurance companies offer owners of used cars optional warranty. Between these, the “driver” warranty is one of the most recommended. It allows you to get compensation for any bodily injury you may suffer after an accident for which you are responsible.

Another warranty suitable for a used car is “mechanical breakdown”. When you buy a used car, you are actually not immune to mechanical breakdown, even with a positive technical inspection. With the “mechanical breakdown” guarantee, your insurer will cover repairs in connection with all vehicle breakdowns.

You can also add a “0 km assistance” guarantee. This is activated when you repair or tow your used car without any restriction on the distance. This means that regardless of the distance between the crash site and your home, your vehicle will be repaired. It also allows you to take advantage of a replacement vehicle.

Please note, however, that this optional warranty is not offered by all insurance companies. If you want to have it, make sure it appears on the insurance notice before accepting it. In addition to the aforementioned guarantees, it may be wise to add the “theft” guarantee. Although the risk is lower for a used car, you may fall victim to carjacking.

In addition, depending on your parking method, you may need a “fire” warranty. This will protect your car from fires, but also from the risk of natural disasters. The “shatter glass” guarantee, on the other hand, may be necessary if your vehicle is parked in an open space.

Now you know that insurance of your used vehicle is a legal obligation, but above all a very simple formality to complete.

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