State Farm auto insurance is reminding everyone that the Federal Government’s Car Allowance Rebate System (CARS program or “Cash for Clunkers”) requires participants carry auto insurance for their trade-in according to the article by Tony Potts on Coos Valley News' website.
Last week the US Senate agreed to extend the CARS program until Labor Day offering a great opportunity for many auto owners to receive the tax benefit. By trading in an older, less fuel efficient car for a new one, you will receive a tax credit. Keep in mind though that there are requirements, one of which includes having auto insurance. Trade-ins must be registered and insured for the full year before you decide to trade it in.
This is a reminder of how important it is for all cars to be covered by auto insurance. Uninsured drivers are a risk to everyone on the road, and it is the law in most states. Get a State Farm insurance quote if you are not yet insured.
Subscribe to:
Post Comments (Atom)
:.
0 comments:
Post a Comment