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If the dealer doesn't require it, probably not, but you have to decide if you want to take the chance of continuing to make payments on a car that you can't use after an accident.

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โˆ™ 2014-04-18 15:38:56
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Q: If a car is financed through a used car dealership do you have to have full coverage insurance?
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If your car is financed through a dealer do you have to have full coverage insurance?

I believe it depends on the state, but as far as I know, if you have to have full coverage on a financed car, it doesn't matter where it's financed. If you still have questions, ask your insurance person, they'll know the answer.

Does insurance pay out in full if car is stolen while being financed?

No....only the value ay the time of loss. Gap coverage is available for a reasonable rate on most insurance policies. It can also be purchased through the car dealership.

Does ford credit offer auto insurance?

No they do not. Ford credit is a financial institution which finances the sale of cars to the public. Sometimes they offer types of insurance like credit life and credit disability that are insurance products which pay them high commissions. They also offer products called forced place coverage through other insurance companies that are used when people fail to keep the proper insurance on their vehicles financed by ford motor credit. This coverage is physical damage coverage only to cover the amount financed so that ford motor credit does not take a loss if the vehicle financed is damaged and the client did not have insurance. This coverage is very expensive, only covers ford motor credit, and the cost is added to the clients account. It is not an insurance policy and does not provide liability coverage or any other coverages needed.

Can a salvaged title car be financed?

Answerno.I have a car that is financed through a bank. I recently found out that it has a salvaged title and I am having problems with getting full coverage insurance. the bank along with me didn't know it was a salvaged title at the time so what can I do.

How do i go about getting my totaled and financed car covered by an insurance company that let me get a policy with no collision?

The insurance company would not have required you to get insurance coverage, as it is an optional coverage from the insurer's standpoint. The bigger issue is that the company through which you financed the car would have required collision coverage because it was interested in protecting the value of the collateral. Therefore, it may have obtained "forced-placed" collision coverage on the car and charged the premium to you (through your car payment). If that was done, you would normally have rec'd notice of it and been given a chance to get collision coverage and produce proof of it. Furthermore, collision coverage would have to have been in force at the time of the collision; it would not be retroactively applied to cover the loss.

How do you get the title to your Yamaha motorcycle after you pay it off?

Depends on who you financed your bike through. If you financed it through the actual motorcycle dealership than you should give them a call and ask for the title. Same thing goes for a bank.

How can you be removed from legal ownership of your sons car that you financed through the dealership?

If you own the car, sell it to him for $1. That should solve your problems.

Is it better to be financed for an auto loan through the dealer or through a source like a credit union?

It is often better to be through an insurance agency, often times a dealer will provide you with an insurance agent.

Does State Farm Auto Insurance cover flood damage?

Yes it does, through their comprehensive insurance coverage.

Who sells gap insurance?

GAP insurance is designed to cover the difference between what you owe on a financed (or leased) vehicle and the actual cash value that is paid by an insurer if the car is a total loss. Generally, GAP coverage is available through the car dealer or the finance company that finances the car.yes

Does anyone have recommendations for any stores that sell good, affordable car insurance?

There are Several Companies that offer Cheap Auto Insurance for example, Geico, InsureOne and Progressive. The one thing you want to remember with Auto Insuance is the Coverage Amounts and the Deductibles. Another thing you want to remember is that if your getting the Vehicle through a Loan Company or having it Financed they will require you to have Full Coverage on the Vehicle.

Where do you buy General liability insurance?

General Liability insurance is purchased through any insurer that provides commercial insurance lines coverage.

What car dealership offers the best car finance deals?

Most toyota dealerships off the best car finance deals through their own finanace company. In Dallas Champion Toyota is noted as probably the best dealership to get a car financed through.

How is the government financed?

The government is financed through taxes.

Does Hartford Car Insurance offer coverage for a motorcycle?

Hartford Car Insurance does not offer coverage for motorcycles. However, members can gain access to AARP Motorcycle Insurance through Foremost by calling 1-800-752-2461.

How often do families buy individual health insurance for themselves?

Once per year, individuals who receive health insurance through their employer have the option to change their coverage or keep their current coverage.

Does humana health insurance have good coverage?

Humana is considered to be one of the best health insurance providers in the United States, but the level of coverage varies between plans. If you purchase yourself you can decide on the amount of coverage vs. cost, but if you get it through an employer they will decide your level of coverage themselves.

Can a spouse drop or cancel insurance on the other spouse if that spouse has no other coverage This for the state of Missouri?

Yes. The person who the insurance is through can.

Where can someone go to obtain life insurance coverage that includes critical illness?

To obtain life insurance coverage that includes critical illness, one can compare prices and insurance policies through third-party websites such as MoneySupermarket and LV.

What are the benefits to having auto loans financed through the dealership as opposed to through a bank?

Some of the benefits to dealership financing include being able to take advantage of low initial interest rates, as well as not being bound by the agreement that was originally signed with the dealership. If a person becomes unhappy with the original agreement, they would have the option to refinance.

Where in Arizona can I find cheap automobile insurance?

You can use They have automobile plans that were created to provide insurance coverage to eligible risks who seek coverage and cannot find it through the voluntary market. These plans are offered through shared insurance companies so they will find you the best possible deal.

What percentage of a hearing aid cost is generally covered by insurance?

Most insurance companies offer 80% coverage for hearing aids. In some cases, due to age and income it can be covered 100%. This would be through Medicare or additional insurance coverage.

How can someone find a list of full coverage auto insurance companies closest to their location?

The easiest way to look up full coverage auto insurance is to look up through a phone book on insurance companies and there should be a listing right there.

Does your homeowners insurance cover you if you are injured on someone else's property?

No You would need to seek coverage under your medical insurance policy for accidental injuries. Homeowners insurance is for property and liabilities that may arise out of home ownership. Home insurance does not replace medical insurance. If you think the property owner is liable through cause of injury, you might seek coverage under their liability if they carry the coverage.

When your company offers health insurance are you required by law to have health coverage to work Do you have to opt in?

If you are required by law to carry insurance, you can either have it through the employer or provide your own. They cannot legally force you to opt in to their coverage.