What must an insured do to ensure coverage for a newly acquired automobile?

Study for the Ontario Automobile Supplement Test. Study with flashcards and multiple-choice questions, each question has hints and explanations. Get ready for your exam!

To ensure coverage for a newly acquired automobile, the insured must notify the insurer and pay the required premium. This is essential because, even if there are provisions for automatic coverage in some policies for newly acquired vehicles, it is typically a temporary measure that is contingent on proper notification.

Once the insured notifies the insurer, the insurance company can assess the new vehicle, potentially adjust coverage limits, and determine the appropriate premium. Each insurer may have specific requirements, so it's crucial for the insured to inform the company promptly to avoid any lapses in coverage.

While some policies may include a grace period for automatic coverage, it is still the insured's responsibility to ensure that they have notified the insurer and fulfilled any payment obligations to maintain comprehensive and valid insurance on the newly acquired vehicle.

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