Selling a car can be an exhilarating experience, particularly if you’re upgrading or simplifying your lifestyle. However, there’s a crucial step you mustn’t overlook after the sale: removing the vehicle from your insurance policy. At San Marcos Insurance Group, we provide auto insurance to residents in and around the greater Chandler, AZ area and often field questions about this process. Fortunately, it’s straightforward if you know the necessary steps.

Inform Your Insurance Provider

First, notify your insurance company that you’ve sold the vehicle. Be prepared to provide details such as the car’s make, model, and VIN, as well as the date of the sale. This information ensures no confusion about which vehicle you’re removing from the policy.

Ensure the Sale is Finalized

Before removing the car from your policy, confirm that the sale is officially complete. This involves transferring the title to the buyer and removing your registration. It’s important not to cancel coverage prematurely, as you could still be held liable for damages if the car is technically still in your name.

Review Your Policy

After removing the car, review your policy with your insurance provider. If the sold car was your only vehicle, you might want to cancel the entire policy. If you still have other insured vehicles, this is an excellent time to make updates or explore potential savings.

Selling a car is a significant transition, and we’re here to ensure your insurance keeps pace. If you need assistance removing a vehicle from your policy or have questions about your coverage, contact San Marcos Insurance Group in Chandler, AZ today.