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I take it that the vehicle was found rather quickly. If they had not paid anything, I would guaranty that they will not be paying the claim for GAP coverage. If there is any damage to the vehicle after it was found, then you could have it fixed under your comprehensive coverage.
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∙ 7y ago
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What are the details of Florida GAP insurance?
Since your insurance might not cover the balance you still have on your financed car, GAP insurance protects the balance of your loan in the event of an accident.
Can a company make you pay the balance on a car if insurance do not cover it all?
Yes, You still owe the balance of any note owed to your Finance Company.
Can you still owe money after your car is repossessed and you are bankrupt?
You still owe the balance after the insurance money is paid, if there is a balance. You can only get rid of it, along with your other unsecured debts, by filing bankruptcy.
Do you owe the balance on a wrecked vehicle?
Yes, you are still responsible for the loan no matter what happens to the car, hopefully the insurance payout covers what you still owe on it.
Is car insurance still valid when the insured dies?
Is car insurance still valid on a persons car if the insured person has died
Where is confused car insurance found?
Confused car insurance is found in the United Kingdom. It is a company that assists customers in finding the best rates on car insurance within the UK.
Where can prices on American Express car insurance be found?
American Express rental car insurance can be found at their website American Express. American Express auto insurance can be found at American Express Auto Insurance.
Can you buy back your totaled financed car lets say my car is financed and I get into an accident that totals my car. I know the insurance will pay out the bank but can i still buy it back after?
Yes, you can usually but it back because it is then between you and the insurance company. But keep in mind your insurance company normally pays the ACV (Actual Cash Value) which may not be what you actually owe on the vehicle unless you carry Gap insurance. Gap Insurance is an additional coverage that covers the balance of the loan between the ACV and remaining Balance.
Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
Do you still have to pay your car insurance if your car is off the road?
I have taken my caroff the road for the winter. Do I still need to pay insurance
Do you need car insurance for your salvage car in California?
If the car is still going to be driven, then yes it does need insurance.
Where can I get Virginia car insurance?
Virginia car insurance can be found on Virginia Auto Insurance and the Virginia Car Insurance Center, especially if you have a very good driving record.
