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You are trying to take over payments on a friends vehicle but have bad credit can she leave the loan in her name and just have you make the payments to her then pay the difference on her insurance?
Wiki User
∙ 17y ago
Not only would she leave the loan in her name but she would also have to leave the title in her name and this would cause a huge problem in the event that you were involved in an accident.She would be liable!Also,this is a sure way to end a friendship.
Wiki User
∙ 17y ago
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What does gap insurance in Virginia do?
It is different from regular insurance because it covers you for the difference between your car's value, and what you owe on it if you have an accident that totals the car, or the vehicle is stolen. If you are making payments on the vehicle, and you owe more than its value, your GAP insurance will cover the difference.
Can my insurance co. disability payments or my workers comp payments be garnished for a vehicle reposession?
They might be able to garnish your payments for the money that you owe them , but nothing more since vehicle has been repossessed.
What is the difference in insurance if your vehicle is financed?
No, there is no extra charges on an insurance policy for a financed vehicle. Only difference will arise in the paper works, and it will mention that the vehicle is hypothecated.
Your car was totaled in a cardeer accident the insurance was in a friends name and a check was mailed by the insurance whos check is it mine or his?
Legally, its the friends because the insurance was in the friends name. Insurance checks are meant to be used on repairs to the vehicle or toward the purchase of a new vehicle. So you could try to force the friend to use the check toward the vehicle by taking them to court. Or you can start paying for your own insurance and not have to worry about the loyalty of your friends.
What can a person do to pay for a vehicle damaged in an accident while their insurance was lapsed?
start making payments
What happens if you are driving a friends car who has insurance are you covered?
As long as you have a license. The insurance follows the vehicle, not the driver.
If you have a licence but no insurance and a friends car does have insurance on it can you still drive your friends vehicle?
yes, I am sure you can. But you must get the friends permission to drive. Actually, I am not sure. Try yahoo answers.
If you have an accident driving your friends car who insurance covers?
typcially , ''insurance stays with the car'' meaning the insurance on the vehicle would be primary..........
Does homeowners insurance cover a garage door that was hit be a friends vehicle and his vehicle?
Your homeowners insurance will cover your garage door subject to your deductible since it is part of your house. Your Home insurance does not cover damage to a vehicle though. That's what Auto insurance is for. Your friend will need to contact his auto insurance to fix his vehicle.
I was driving my friends vehicle that he lent to me i have my license but do not own a car My friends vehicle was found to have expired insurance and i got a court date had no idea any way out?
you must have your own insurance on the vehical to be covered, if you did not have insurance you are braking the law and therefore no there is now way out.
Is there a big cost difference between regular and Commercial Vehicle Insurance?
No, there is not much of a difference betwen the costs. Commercial auto insurance may sometimes cost more than personal auto insurance based on the size of the vehicle, but that's it.
Can the insurance company deny your claim for stolen vehicle if the car payments are behind?
No, that wouldn't be a reason for claim denial. It may be a reason for them to investigate you for insurance fraud.
