0
What else can I help you with?
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
If you repossess your car do you have to continue insurance coverage on that vehicle?
I take it you mean, if your car IS repossessed. In that case, IF you dont plan to redeem it, NO. NO car, NO insurance. Once the lender repos the car, they are responsible for the insurance coverage.
Can a car be repossessed for not having tags?
No, only when you are required to have full coverage insurance and you dont, and the obvious that you do not make a payment.
What do you do about your car insurance once your car is repossessed?
Cancel your policy.
Should you cancel the car insurance on a repossessed car in NJ?
yes
How can you get your car repossessed?
dont pay the payments ever
Should you cancel the car insurance on a repossessed car in Florida?
Yes of course you should!
What happens if you pay your car loan so it doesnt get repossessed but you dont have insurance?
Your car finance company will add their own insurance that covers their vehicle, but not your liability. ANd it will significantly increase your payments. It would be so much cheaper and better protection for you to find your own insurance. Park it until you get insurance.
If your car has been repossessed do you have to keep car insurance on it?
no, but it is recommended. the repo co has insurance and is bonded for this type of situation. you will have to provide proof of repo to your insurance co.
My girlfriend canceled my insurance and called the car lot My car was repossessed to get the car back they want to be paid off in full what are my legal rights do I have any options?
If you owed money on the car (which is probably why it was repossessed), you need to pay what they demand. Check the paper you signed when buying the car if you think they are 'demanding' something different than you signed. Your girlfriend was smart to cancel the insurance, since a repossessed car does not need insurance. You cannot sue your girlfriend for calling the car lot, or for cancelling the insurance, because you cannot show DAMAGES to yourself.
When a car is repossessed in Illinois do the police have to be notified?
no the police dont have to be notified
Can a car be repossessed because of no collision insurance when standard insurance was active on the car?
If your contract requires full coverage and you do not have full coverage, you are in violation of the contract.
