Someone (a crazy person whom I can't always trust) told me that when you buy a new car, the dealership provides short term insurance. Is that true? And if so, does it apply even if you don't finance?
They sometimes offer 3 or 5 day PHYSICAL DAMAGE ONLY policies. That does not include your LIABILITY. All they wish to cover is thier ( the bank/dealership ) asset (the car). So if you hit someone, it will cover the damage to the auto but will not cover your liability in the event that the party you hit sustain physical damage and bodily injury.