Carvana is a popular online dealership that sells used cars. Before purchasing a car from Carvana, it’s important to understand the car insurance requirements. In this article, we will discuss the insurance requirements for Carvana cars.
What is Carvana?
Carvana is an online dealership that allows customers to buy used cars online. They offer a wide range of cars, including sedans, SUVs, and trucks. Carvana is known for its easy and hassle-free car buying process.
Do I Need Car Insurance to Buy a Car from Carvana?
Yes, you will need car insurance to buy a car from Carvana. It’s a requirement for all car buyers, whether you buy a car from a dealership or an online dealer like Carvana. Car insurance is required to protect you and your car in case of an accident.
What are the Insurance Requirements for Carvana Cars?
Carvana requires that all cars have liability insurance before they can be driven off the lot. Liability insurance covers the cost of damage or injuries that you cause to another person or their property in an accident. The minimum liability coverage required by Carvana is:
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
- $25,000 for property damage per accident
What Other Types of Car Insurance Do I Need?
In addition to liability insurance, Carvana recommends that you also have collision and comprehensive insurance. Collision insurance covers the cost of repairs or replacement if your car is damaged in an accident. Comprehensive insurance covers the cost of repairs or replacement if your car is damaged by something other than an accident, such as theft, vandalism, or natural disasters.
How Do I Get Car Insurance for My Carvana Car?
You can get car insurance for your Carvana car by contacting an insurance company directly or using an online insurance comparison website. You will need to provide information about yourself and your car, including the make and model, year, and VIN number. The insurance company will then provide you with a quote for coverage.
What Happens If I Don’t Have Car Insurance?
If you don’t have car insurance, you will not be able to drive your Carvana car off the lot. Carvana requires proof of insurance before they will release the car to you. If you are caught driving without insurance, you could face fines, license suspension, and even jail time, depending on the state you live in.
Conclusion
Before purchasing a car from Carvana, it’s important to understand the car insurance requirements. You will need liability insurance to drive the car off the lot, and Carvana recommends that you also have collision and comprehensive insurance for added protection. Be sure to shop around and get quotes from different insurance companies to find the best coverage and rates for your Carvana car.
