Purchasing insurance for a used car generally follows the same process as buying
Purchasing insurance for a used car generally follows the same process as buying it for a new car. However, there are a few differences when it comes to the rates you will pay. Although you will likely have lower insurance payments because used cars are less valuable, you are still required to purchase liability coverage as required by your state and automotive loan lender, if you have one. Additionally, the car's individual history and the model's reputation may have additional impact on your rates. Be sure to have these considerations in mind when calling to purchase insurance for your used car.