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Do i need full coverage on a financed vehicle that is garaged and i do not intend to drive?
Wiki User
∙ 13y ago
Yes. Damage could still happen to the vehicle and the loan company or bank will require full coverage.
Wiki User
∙ 13y ago
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Is there a way to suspend coverage on a vehicle that will not be used for a period of time but still keep it insured and reactivate the coverage when you want to drive it?
This is a contradiction: To "keep it insured" is to keep the coverage, not to suspend it. I think you are talking about a storage waiver, which is something a lienholder would be able to discuss with you. If you have a loan on the vehicle, the lender obviously requires you to keep the vehicle insured. If you STORE the vehicle, however, the lender can or may issue a 'storage waiver', allowing you to discontinue coverage for the time the vehicle is in storage. They set the terms and you must talk to your lender first to determine the requirements of the waiver. If you do NOT have a lien on the vehicle, no outstanding loan, then you only need to carry liability coverages. If you intend not to drive it for a period of time, you can cancel the liability coverage for the time the vehicle is in storage/not being driven. For your own security, however, you should be absolutely certain no one else has access to the vehicle during that 'storage' time.
Should you keep insurance on a repossessed vehicle?
Only if you intend to get it back.
When can you drop auto insurance on a repossed auto?
When your vehicle is in the process of being repossessed, the bank is starting the process of taking back ownership. If you have not maintained continuous insurance coverage on your vehicle, chances are the bank will force place insurance which will add to your loan balance. If you are anticipating repossession, keep insurance on the vehicle until the vehicle is claimed. If you intend to discuss payment arrangements to get your vehicle back, you must keep insurance prove you are financially responsible. If you do not intend to get the vehicle back you can cancel your auto insurance after the vehicle is no longer yours. When the bank takes possession, you no longer have a financial interest in the car. Notify the DMV before cancelling the insurance that you are no longer the registered owner of the car to prevent fines for no insurance with the state.
How much fuel to use for a distance of 210km?
No way of answering this without knowing what sort of vehicle you intend to drive that distance in.
Is the sell of a car legal without a title and just a bill of sell?
You can sell a vehicle to a salvage yard for parts with a bill of sale if they don't intend to resell the vehicle, but if you sell it to an individual, and they want to register the vehicle, they will need a title.
What is intent to sale on a vehicle?
Depending on the context, someone is saying that they intend to sell. If a vehicle has been repossessed, for example, the lender can notify of an intent to sell, to recoup losses on the unpaid part of the loan.
What vehicle do you need to get from Pittsburgh to Antarctica?
You need a combination of automobile, airplane and potentially ship, depending on where you intend to end your journey in Antarctica.
Is it trespassing if you are a passenger in the back seat in a vehicle that turned into a private non-gated neighborhood to turn around?
No. Trespass is an intentional tort. A passenger has no control over the vehicle, and therefore cannot intend to enter the property.
How do you get dashboard out of 1997 Chevrolet Blazer?
To many steps to list here. I suggest purchasing a shop manual for that vehicle if you intend on doing this job yourself.
How do you replace head gasket in a jeep Cherokee 1989?
I would suggest purchasing a shop repair manual for that vehicle if you intend on doing the job yourself.
How do i replace heater core on 1998 S-10 pick up?
Too many steps to post here and even more if the vehicle has AC. I would recommend purchasing a shop repair manual for that vehicle if you intend on DIY.
How do you Replace a heater core in 1998 S10 Blazer?
Big Job and even bigger if you have AC. If you intend on DIY, purchase a shop manual for that vehicle, you will need it.
