Buying a new car requires you to work with companies like Ashley Insurance to give your Easton, MD car the policy that it needs. But when exactly do you need a new policy in Maryland? Let’s take a look at these facets to ensure you time your policy correctly.

Grace Periods Help You Adjust

When you buy a new car, you typically have a grace period during which you don’t need to purchase car insurance. These periods last from 24 hours to a month, depending on the state and the buying situation. For example, if you have never bought a car before, you need to get insurance before you get the car.

Of course, you can buy the car, but you cannot take it off the lot until you have insurance for it. For people who already own a vehicle and update their rides, their grace period will vary. Easton MD residents need to know what period this state requires for their needs.

Maryland Car Insurance Grace Periods

If you’re replacing your old car with a new one, you should get at least a 7-30 day grace period for most companies. However, when adding a new vehicle to an existing policy (such as if you’re not replacing an old car but buying a new one on top of it), your grace period is usually 2-4 days.

These varying times occur because of different company regulations. Maryland does not dictate a specific minimum or maximum for grace periods, allowing companies to choose which they prefer. In any case, it is always best to just get insurance as soon as possible to minimize confusion.

Find the Insurance You Need

Don’t hesitate to contact us at Ashley Insurance right away if you’re not sure about what policy you want or need. Our team will do what they can to help Easton residents feel comfortable with their policy.