yes because whether you own the car entirely or not, if you're driving it, then you need protection
If the car is still going to be driven, then yes it does need insurance.
I have taken my caroff the road for the winter. Do I still need to pay insurance
insurance,proof of sale, address, and MONEY!
yes your friend may drive your car, but the money you owe the car insurance people, you will still pay them the money you owe them. that's the answer....................
The Money Supermarket helps those who are in need of money for certain things like car insurance, health insurance, life insurance, switching to a different company, etc.
That's about it. The car is totaled. The money is still owed. If there was a loan, you'd better have insurance and if you are lucky, the insurance will cover MOST of what you still owe.AnswerYour insurance co. is obligated by law to satisfy any payment up to the policy's limits. If there are money owed after that, you can sue the other driver for the money owed or be sued, whatever applies.
Ask your insurance company. It is likely that you parents will need to be the owners.
Who is it that doesn't have insurance (your, or the 'other' person)? If you don't have insurance and are at fault there is no way you can receive any money for the car. If ther other person involved is missing insurance then you will still be covered if you pay for collision or uninsured motorist.
In general you need a license to get insurance for your car, but if yours has been suspended it is still possible to get insurance by selecting a primary driver, such as your spouse.
Typically, your deal with the bank that you bought your car through is separate from your car insurance. However, many insurance companies offer "gap" insurance to cover this issue, so that the car is paid off if it is totaled. Talk to your agent, and they can tell you exactly what coverage you have and how much they'll pay. The insurance company (yours) will look the car and if it is totaled they will give you the money for its current value, minus your deductible. If its repairable, they will give you the money to repair it, minus your deductible. Any money left on the car payments after the amount your insurance pays is your responsibility, unless your insurance specifically covers this. If you didn't have insurance, then you lose it all, no money to fix or replace the car, and you still have to pay for the car. Never drive a car without insurance, period.
Yes you do. No matter if you drive often or not, in the state of New York you still need insurance coverage.
Yes, that is what should be done with the insurance money, pay off the car loan.