answersLogoWhite
Insurance
Auto Insurance

Can you get auto insurance if the auto is in a collection agency?


Top Answer
User Avatar
Wiki User
2007-08-02 10:44:01
2007-08-02 10:44:01

If you are planning on getting the vehicle back and reaffirming your finance note then "Yes". You can buy insurance for it. You will probably be required to do so in order to get it back from the collection agent. If you are not planning to redeem the vehicle then you are considered to have surrendered the vehicle, You no longer have a financial interest in the vehicle and therefore can not legally insure it

Related Questions

User Avatar

No federal government agency oversees the auto insurance industry. The auto insurance companies are regulated on a state-to-state basis and would be listed as an Insurance Bureau or Department of Insurance.

User Avatar

It's the cost of the insurance policy that is "quoted" to you by the insurance agency.

User Avatar

Solo Auto Insurance is an independent auto insurance agency that represents multiple carriers. They offer vehicle insurance and personal insurance. There is no information online that describes when the company was founded.

User Avatar

Is it better to go online to an insurance website or to call an insurance agency to get an auto insurance quotation?

User Avatar

One can find cheap and quality auto insurance at an insurance agency call Cost U Less auto insurance. They have cheap prices with quality insurance for customers.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.