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Yes.
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∙ 14y ago
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What happens to the loan when the car is stolen?
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
Will insurance pay for a repossessed car?
Of course not! It wasn't stolen or wrecked, it was taken from you for failure to pay on the loan!Be sure to cancel the insurance.
If your car was stolen and totaled can the bank list it as a repossession and make you continue to pay insurance on it?
IF the car was stolen, reported as stolen to the cops, the ins. should be paying the loan off. IF the ins. co. does not think the car is stolen, they wont pay and its as if the car was NOT stolen. So, you have to pay notes and insurance on the collateral. Bottom line??? HELP the ins. prove it was stolen and the problem will go away. MERRY CHRISTMAS.
If your car is up for repo but is stolen before you return your car what happens?
When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.
Does insurance pay off a recovered stolen vehicle?
It depends on what insurance you're talking about, does it include theft?
Which type of insurance would pay for the replacement of a computer stolen from an apartment?
renter's insurence
Will a insurance company pay for the damages done to your car by someone who stole it?
Insurance is supposed to return the car to the condition it was before it was stolen.
What can you do if your car was stolen and you only have liability?
Unfortunately, there is nothing you can do with your insurance company. If you only have liability insurance, they do not pay anything to have your vehicle replaced.
Will insurance pay if a car is stolen with the keys?
Yes it will but expect higher premiums if you're not cancelled .
If you have full coverage how much will your insurance company pay you for your stolen car?
Most insurance companies will only pay the blue book value of the car at the time that it was stolen. Check the Kelley Blue Book or the National Automobile Dealers Association for approximate values.
If your auto is hit by a stolen vehicle who will pay for losses like deductibles and other expenses?
You or your insurance company. The owner of the stolen vehicle would not be responsible because their vehicle was stolen and the driver of the stolen vehicle's insurance would not cover it because he was driving a vehicle that was not on his policy and he did not have permission to drive.
Do you pay for a renewal national insurance card if it is stolen?
No, if the card is stolen, go to the TPA concerned of national insurance along with a copy of policy bond and one color photo and they will arrange your card free.
