RE: Company: <<Pol_Company:PC>> Policy Number: <<Pol_PolNum>>

 

Dear <<Cli_First:PC>>,

 

This policy is a liability only policy. The insured has up to 30 days to add a newly acquired vehicle for like coverage to be covered as of the date of acquiring another vehicle. If collision and comprehensive coverage is required, it must be added at time of purchase as there is no automatic coverage on a liability only policy for such coverage.

 

If the vehicle is added on or after the 31st day of purchase, the effective date of coverage for the recently acquired vehicle is the date added to the policy rather than the date purchased. If an accident occurred during the first 30 days, there would not be any coverages starting on the 31st day after purchase and thereafter until added to the policy.

 

Note Well: Some companies do not extend any coverage for newly acquired vehicles or must be added within 7 days after purchase.


Sincerely,



<<User Name>>
<<Agncy_Name>>
<<Agncy_Address>>, <<Agncy_City>>, <<Agncy_State>>  <<Agncy_Zip>>
Phone:<<Agncy_Phone>>  |  Fax: <<Agncy_Fax>>