can i switch car insurance to another car even though i still have a loan out through the bank on the old one?
i have a chevy blazer with a five year loan on it through the bank. can i buy an old car that will be better on gas, then take the car insurance off of my old car{the bank’s car} and put it onto my new car, and continue to pay off the loan every month on my old car?
Nope. All cars have to be insured. Cars that are financed have their own set of rules regarding their insurance and those rules must be met until the loan is paid off.
You’ll have to insure both if you plan to keep both.