You need to make sure that you have all your car insurance details in hand before you go to collect your motor vehicle. Regardless of the extra money you have to pay for your motor insurance, it is a valuable investment. Some people may be annoyed that auto insurance is compulsory with a vehicle finance company, but they do not realise that it is the wisest thing to do. With a good car insurance policy you will be covered in your debt to the bank if you lose your car in an accident or to theft.