Yes your insurance goes up because you don't have the same amount of expierance
no, but it is recommended. the repo co has insurance and is bonded for this type of situation. you will have to provide proof of repo to your insurance co.
Insurance usually follows the car so no matter who drives it, claims will be covered, unless the person driving it is specifically excluded from the policies. But just to be sure, the best course of action would be to contact the car insurance companies directly.
SO false. All a loan company can do is to ensure you have insurance to cover their liability. Thay can force you to show proof of insurance but it has nothing to do with buying a car.
your insurance co will notify the DMV and then can suspend your license
They can
Yes
Not where I live in Ohio. My mother co-signed a car for me, and her name didnt have to be on the insurance, as long as the vehicle carried full coverage insurance in my name.
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Yes. A person can co-sign on 2 different cars.
Yes
Co-op car insurance works like a normal co-op but instead of making a profit they use the extra money to go towards the premium to keep it low. Also to join a co-op car insurance plan you need to have a clean driving record.
The companies which provide car insurance for those under 25 are 1 Cover Car Insurance, My Cheap Car Insurance, Direct Line Car Insurance, Churchill Car Insurance, The Co-operative Car Insurance and many more.