Agreement to Furnish Insurance
Updated 17 October 2025
This agreement outlines the responsibilities of a buyer to secure insurance for a motor vehicle being transferred from a seller. It specifies the deadline for the buyer to furnish the insurance policy and provide its details to the seller. Should the buyer fail to do so, the seller is authorized to obtain the necessary insurance, with the buyer being responsible for reimbursing the premium costs.
Agreement to Furnish Insurance
This agreement is made on [date] between [name of seller], hereafter “Seller,” and [name of buyer], hereafter “Buyer”:
This agreement refers only to the motor vehicle listed here, the title of which is being transferred from the Seller to the Buyer on [date]: [make and model], [color and year], [plates (if applicable) and state], [vin].
The Buyer hereby agrees to furnish insurance for the aforementioned vehicle no later than [date]. This insurance policy must include [requirement], and the Buyer must supply the Seller with the full details of the policy no later than [date].
If the Buyer does not furnish insurance in the allotted time above, the Seller will procure an insurance policy that covers [requirement], and the Buyer will repay the Seller for the cost of the premium(s).
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About this template
What is this template?
Agreement to Furnish Insurance is a free, ready-to-use Commercial law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
When should you use it?
Reach for this Commercial law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. Always review the final wording against the laws that apply where you live or do business.
What's typically included?
A well-drafted Commercial law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.