Do any carriers offer new car replacement coverage that lasts longer than a year in Georgia?
I'm buying a new car and want to add new car replacement coverage, but I'm looking for an insurance company that will offer it for longer than a year. My car isn't financed, so I'm looking for a way to protect its value.
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Answered on May 07, 2021
“One carrier that does offer a longer length of coverage is Travelers. Their new car replacement coverage lasts for the first five years of ownership.
The terms and conditions of new car replacement coverage can vary from carrier to carrier. However, most car insurance companies require that the vehicle only be one or two years old and below a certain mileage limit.
You should shop around to find out the best rates for the coverage you need. If you don’t want to gather quotes yourself, you could work with a car insurance broker. They have access to a variety of carriers and would be able to find you the coverage you need.
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