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Of course. If you don't meet the obligations of your finance contract they have the right to reposess the vehicle. Your main obligations are to pay the payments as agreed and keep insurance on the vehicle as agreed. Read your finance agreement. I have seen many occasions when companies have to repo a vehicle because the customer won't keep the insurance on it.

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Q: Can a car be reposessed without having insurance on it?
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Related questions

Can your car get reposessed for not having insurance?

Not usually. Most companies will add coverage for the insurance which is usually higher than you will pay at most companies. This is called forced place insurance.


Can an 18 year old get insurance on his or her car without having to have a parent on the insurance too and without having to be on their parents car?

YES


Can you get car insurance without having a title?

depending on the state you live in you COULD get insurance without owning a CAR. Ask your insurance professional about it.


Can a person get car insurance without having a car licence?

UH..NO!


Can you buy a car not having insurance?

Even if you buy a car without insurance,it is advisable to arrange insurance immediately before plying on the road. Also, the Registering Authority won't allow the registration of the car without valid car insurance.


Can a car get reposessed without consent?

Oh, but there is consent. When you signed for that car loan, or you agreed to let a lien be on that car, you consented.


Can you get car insurance without a car to insure?

No. Remember that insurance follows a vehicle first, operator second. So, without having a car to insure, no rate can even be detected to begin with.


Can you drive off a car lot in the state of Tennessee without having car insurance?

Yes


Can you have insurance on your car without having a drivers license?

Yes, you just can't drive the car.


Is it illegal for a driver with only a permit to drive his parent's car without having his name added to the insurance?

it is not illegal for a driver with only a permit to drive his parent's car without having his name added to the insurance.


Should you buy reposessed car?

I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player). I would avoid purchasing a reposessed car because in some cases, cars that are reposessed are trashed. I had a friend who looked at a car that was a repossession and there were things missing from the car (radio with CD player).


Can you claim for damage to your car by another driver who is at fault without having car insurance yourself?

Yes