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Can auto insurance be purchased for months that have already passed to avoid paying lienholder more money?

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Wiki User
2011-09-12 15:11:46
2011-09-12 15:11:46

No, the lienholder usually forces insurance on you car and you are liable for the premium. When you purchase your own insurance they will take the difference from the premium off of your balance, but you will still be liable to pay for the months that you were not insured. I recomend you hurry and get insurance on your car. The insurance your bank provides is no good, not only that, but you can risk having your car repossed if it is not insured.

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