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A person has a car and cannot afford it anymore and wants his friend to have car and take over the payments. However his friend lives in a different state. What state does the insurance have to bein?
Wiki User
∙ 14y ago
Which ever state the driver lives in. But more important, the friend needs to have the car titled in his name. I sell cars, and have for 15 years. I can't tell you how many times I've seen people's credit ruined by trusting someone else to make their payments. Guess who is responsible for late payments or a repo? Not to mention the friend being in a car accident and someone gets hurt. Get your friend to get his own finance company and sell the vehicle outright.
Wiki User
∙ 14y ago
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Do you have to keep making payments for a Tablet that got stolen so you don't have it anymore?
You are responsible for the debt you incurred. It is one of the reasons insurance is a good thing to have.
Car is totaled but still owe?
If you've got full coverage insurance, make a claim. They should take over payments. You'll be car-less, but won't owe anymore.
What happens if you total your car and have gap insurance?
if your car is worth 10k and u own 20k and your car gets totaled, your car insurance will cover 10k for what your car is worth and cap will cover the rest. you wont get any money but you also wont have any monthly payments anymore.
What are sale proceeds?
If you are not behind on your mortgage payments, most likely we will not be able to begin the Short Sale process. We never advise a homeowner to stop making payments. If you are current on your mortgage but are unable to make your payments anymore, contact your lender. This would be a good time to proceed with a Loan Modification. If you do, however, become behind on your mortgage payments, we can assist www. disappearingmortgage . com you at that time.
Where can you find insurance leads?
You can find insurance leads yourself by cold calling customers, but this is not very effective and rarely used anymore. You can also hire a lead company; however you should be shure that you are only charged on a per-lead basis.
Are safety glasses covered in the eye med insurance anymore?
yes
What the best thing to do if I am not behind on payments yet but just can't afford mortgage anymore?
Sell the house.
Are here any Home Service Insurance companies still collecting cash at homes?
You may be able to find an agent to come visit you at your home for a consultation but I don't know of any company or agent that actually comes to your home to collect monthly payments anymore.
Do you need insurance car for a car inspection?
It doesn't need acar insurance anymore since it is just an inspection, nothing to worry about.
Is employerresponsible to keep you informed when medical card expires?
Not really enough information given to answer this. IF the employer let his health insurance for his employees lapse - he should have notifed them that their medical insurance and their cards were no good anymore. HOWEVER - there are too many other scenarios to make a general statement.
Do you have to pay auto insurance if your car is totaled in an accident and may not have another car for several months?
If the only insurance you have is on the totaled car, you will not be required to carry a policy on it anymore. However, it is never good to have lapses in the dates you are insured. I suggest having them to lower your insurance to the most basic your state allows and carry that until you get another car.
Do you still have to make payments after returning a car?
Making Payments After Returning a CarNo, you do not have to make payments HOWEVER.....once they sell the car you still owe the left over balance. Just because you don't have the car anymore DOSEN'T mean you didn't borrow the money #2No you do not have to make payments after returning a car as long as you are ok with having a repossesion on your credit history and as long as your ok with the finance company filing a judgment against you for the amount left owed after the sale of the returned vehicle.
