Proof of Insurance: Is It Needed to Refinance My Car?
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What Is Proof of Insurance?
The policyholder’s name and address Insurance company’s name, address, and phone number Effective date and expiration of the policy Policy number The year, make and model of the car The vehicle information number (VIN) Coverage amounts
What Is a SR-22 Certificate?
Conviction for driving under the influence Serious and/or repeat traffic offenses An at-fault accident with no insurance
What Counts as Proof of Car Insurance?
Why Do I Need Proof of Insurance?
If you are pulled over by law enforcement If you are in an accident and need to exchange insurance information If you are registering a newly purchased vehicle or renewing your license plate at the Department of Motor Vehicles (DMV)
Failure to Show Evidence of Insurance
Fake Proof of Insurance
Do You Need Proof of Insurance to Refinance a Car?
How to Get Proof of Insurance for Your Car
By regular mail Your insurance will typically mail you several copies of your paper insurance card when you start a new policy. If you’ve misplaced your cards, you can call up your insurance company and ask them to mail you some additional cards. Via email If you need to get your card quickly, you can ask your insurer to email you a copy of your insurance card. You can then print that out and keep it in your wallet or car’s glove compartment. Through an app Many insurance companies now allow you to access your insurance card through their mobile apps. That means that if you need to show your card but don’t have it handy, you can simply open up the app and display the card on your phone.
What Does an Insurance Card Look Like?
Proof of Car Insurance Letter
Other Documents Needed to Refinance a Car Loan
Driver’s license Pay stubs from your current employer or proof of employment Your Social Security number Vehicle identification number (VIN) Make, model, and year of car Vehicle registration Current loan information (including the name of your current lender, your loan account number, monthly payment, interest rate, and remaining balance)
Frequently Asked Questions
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