What would be considered a newly acquired auto?

• A. A vehicle acquired by the insured during the policy period
• B. A vehicle purchased prior to the policy period
• C. A vehicle leased outside the policy
• D. A vehicle owned by a family member but not insured

Answer: (A)

Newly acquired auto means a vehicle that you acquire during the policy period. When you buy a new car while your auto policy is in effect, the policy typically adds that car automatically for the same liability limits as your other covered autos (though you should notify your insurer to confirm and adjust the premium if needed). It wouldn't include something you bought before the policy started, a car you lease outside the policy, or a car owned by a family member that isn’t insured under your policy.