Obviously all cars/drivers need to have some legal minimum insurance, generally only liability (essentially protecting others body/property). Not collision, which protects your own property. Without the later, wreck it you lose it. Because a car has a lien, which means it is pledged as security for a loan, does NOT mean it needs to have more insurance in itself. However, virtually any lender will require you to have insurance adequate to cover the loss of the asset you have pledged...since if you wreck it he doesn't want to own, or try to collect what is owed, against a wrecked worthless car.
No. Comprehensive coverage on the auto does that.
No, Home insurance does not provide coverage for automobiles, it does not matter who the automobile belongs too. That's what auto insurance is for. Damage to an automobile would be covered under the vehicle owners auto insurance policy.
Auto insurance that's "as cheap as you can find it" generally only gives you the state minimum coverage. You won't get coverage for theft, for instance.
"Yes, it does. Perhaps the chief purpose of purchasing American Auto insurance (or any automobile insurance) is to seek coverage in the event of a traffic accident."
The cheapest auto insurance out there right now are Safe Auto, The General, and Esurance. All of these provide low premiums and the minimum state required coverage on your automobile.
No Way. Just like an auto insurance company writing full coverage on a wrecked automobile.
One can find quotes for Caravan insurance coverage online at automobile insurance websites such as Geico. Other auto insurance providers are State Farm, Progressive, Allstate, American Family and Liberty Mutual.
Georgia automobile insurance law states that people who purchase insurance may "stack" - or add the coverage together for each insured vehicle - for uninsured and underinsured motorist coverage.
An insurance company generally does not pay the lien holder directly. The vehicle owner is responsible for paying for insurance coverage and will often deal with the insurance company themselves after a collision has taken place.
The same as they were before the accident. You owe the balance of the note loaned you. If you had full coverage auto insurance then you will likely have no need for concern.
GMAC Auto Insurance offers more than just automobile insurance. They also insure homes and recreational vehicles. GMAC's automobile insurance covers more than just the vehicle. Coverage is also extended to the occupants in the vehicle, and to any property damage incurred by the vehicle.
Yes, full coverage auto insurance is required for auto financing. This rule protects the bank if you have an accident.
Some auto insurance policies do provide towing coverage. It is listed in your policy whether the coverage is provided or not.
This is a type of auto liability coverage that can be purchased when the buyer does not own an automobile. While auto liability insurance is typically said to "follow the car", meaning that it correlates with a particular vehicle, non-owner's coverage "follows the driver". In that sense, it covers the driver irrespective of the vehicle he/she is driving.
Auto Insurance Without a Car?Yes, You can purchase "Non Owners Insurance" Coverage. Sometimes referred to as "Named Driver Coverage"Drive safe - Buckle Up
If you are an automobile driver, you must be covered by automobile insurance regardless of age.
The only coverage on an auto policy that covers costs for you and your passengers medical expenses is Med Pay Coverage. You health insurance will also pay for injuries. Med Pay is an optional coverage but will pay for an accident involving an automobile even when not in your car.
If a motorist is injured by an uninsured motorist and the driver has uninsured motorist coverage the insurance carrier will provide coverage, if certain information is obtained on the uninsured driver. If a driver has Medical payment coverage or PIP coverage he or she and any passengers will be covered by the drivers auto policy Medical payment coverage.
AAA does not provide automobile insurance for high risk drivers. You will have to look for another provider.
if your full coverage includes comprehensive coverage then yes, Auto theft is covered under the comprehensive portion of your auto insurance policy.
Options available with auto insurance are Liability, Medical coverage, Collision and comprehensive coverage, and Uninsured motorist coverage.SK(APEX)
Yes, reckless drivers can get auto insurance, but it will be much more expensive than drivers who have a clean record. In the United States, all states - except for Virginia, New Hampshire, and Mississippi - require all automobile owners to have minimum coverage in auto insurance.
If you have coverage on your auto insurance policy that pays medical expenses to you or to the hospital, the answer is yes that you do have to reimburse your health care provider. The health insurance policy states that they will pay for expenses incurred in an auto accident over and above any coverage you may have on your auto insurance. You agreed to this in your policy by taking out the policy, so you have no choice. It is actually illegal for you to pocket money you received in duplicate payment for the same expenses, which is what this would be.
Full coverage auto insurance covers everything. If the car is totaled they will will replace it. Liability auto insurance will only cover medical bills, and not the car if it is totaled.