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What else can I help you with?
If I get a traffic violations does it affect someones insurance?
It can affect: 1. Your insurance premium (for your own vehicle, or your parents vehicle if you are on their policy. 2. Your employers insurance premium (if you drive for work) It will NOT affect: 1. Your friend's premium, unless you are scheduled as a driver on the policy
Can your car get repossessed for not paying your insurance?
IF your loan contract specifies that you must maintain insurance covering the vehicle, the answer is YES. Just an echo of the previous answer, most major lenders require that the vehicle maintain full coverage insurance. It states in your finance agreement that the vehicle must remain insured or it can be repossessed.
Vehicle owners purchase insurance from an insurance company by paying a?
The answer for whatever exam you are taking is "premium".
Does gap insurance cover a vehicle that's insured when in accident?
No, you are misstating what GAP coverage is. GAP insurance is a separate type of insurance that you can purchase as part of your finance agreement or on your personal auto insurance. What GAP does is pay the difference in what your insurance company pays and what is actually owed on the finance account for the vehicle. This is especially important when a vehicle is newer. An auto insurance policy pays either the cost of repair, replacement of the vehicle, or actual cash value of the vehicle at the insurance companies option. If the vehicle is totaled they pay ACV which on a fairly new vehicle is less than the purchase price. Purchasing GAP insurance is usually far less expensive when purchased from your insurance company than the finance company.
In California will your insurance rates go up if you let someone borrow my car and they crashed it?
Yes, If your Insurance company paid the claim then they are allowed to increase your premium appropriately to cover your risk factors. If you let others drive your vehicle then that is demonstrative of how you handle your vehicle. Loaning out of your vehicle to others increases the risk that you will have a claim.
What services does blackhorse finance offer?
Blackhorse finance offers, all different kinds of insurance like, car insurance, home insurance, and travel insurance. They also have more less purchased insurances. Blackhorse finance provide money for loan, insurance and property.
Will auto insurance cover a disabled person for motorhome payments?
No. Auto Insurance provides coverage for accidental losses wheel operating your vehicle. To cover the finance note of a vehicle you would have to have purchased credit or finance note insurance offered to you by the dealership at the time of purchase.
Where can I get commercial vehicle insurance?
There are various insurance companies who deals in commercial vehicle insurance . Insurance advisory Companies like Bima Coverage Is best for commercial Vehicle Insurance, as they compare premium and coverages from best insurance companies.
Will a roll pan make the vehicle insurance increase?
no
How can a person take a car away from someone who doesn't have auto insurance?
I assume you mean a repossession of a vehicle if you let your insurance cancel. When you purchase a vehicle and finance the cost of the vehicle you sign a legally binding contract. One of the terms in the contract is always that you must carry physical damage auto insurance payable to the finance company if the vehicle is a total loss or damaged. If you fail to keep this insurance you have broken the contract and the vehicle is subject to repossession and you may be sued for additional damages if the value of the vehicle is less than the amount owed to the finance company.
What happens if you pay your car loan so it doesnt get repossessed but you dont have insurance?
Your car finance company will add their own insurance that covers their vehicle, but not your liability. ANd it will significantly increase your payments. It would be so much cheaper and better protection for you to find your own insurance. Park it until you get insurance.
Can a vehicle be reposessed for no insurance coverage?
Yes, Almost every Auto finance contract requires the buyer to carry Full coverage auto insurance for the term of the finance note. Failure to company with the terms of the finance contract you signed is a default on the part of the buyer and subjects the vehicle to repossession and other remedies at the disposal of the finance company.
