If you are making loan payments on a car but never drive it do you still need insurance?
If your lender requires you to have insurance during the loan period, then yes. Also. If you are driving , then yes. If the vehicle is not on the road being driven, then no. But, know that if you just drive the vehicle to your next door neighbor's house and you have an accident (collision), then you better have insurance or you could wind up having to pay a huge fine and/or have your lincese suspended and/or have your prospects for a future car insurance company require you to pay alot more for car insurance.
Insurance is there in the hope that you will never need it! For instance, having your home fully insured would be an asset if your house suffered a fire and was totally gutted. But, if you never suffer a fire gutted house, your insurance payments are outgoing payments that are not recoverable. Read More
If you car is financed and stolen what is the responsibility of the owner with reference to making payments and how is the process handled by the insurance co What if the car is never found?
The insurance company will pay the lender to the policy limits. This payment will only be made if you have theft coverage and not just minimum coverage. I believe you still have to make the payments, although I am not sure. Read More
In New York State can you exclude a spouse from your auto insurance policy if she will never drive due to a lifelong disability?
As long as you let the insurance company know that you are married and the reason she will never drive the vehicle. Read More
Do you own a vehicle that is driven? If so you would want to have that vehicle insured. Otherwise, no, I see no reason to have auto insurance if you do not own a vehicle and NEVER drive. Read More
Does anybody know what could happen if your car was wrecked 50 days after purchase insurance was in-process the person driving it offered to help out in repairs and making payments but to no avail?
First, you should never drive a vehicle without insurance. If you were "in process", you have written a check. If the check was written and the insurance company had accepted payment, you're insured. If that hadn't happened yet, you were driving without insurance. At that point all you can do is become philosophical and say, "stuff happens". You can be grateful that it wasn't worse and people didn't die. At least you can replace a… Read More
Not necessarily. If you never drive it you don't have to keep insurance. If you do use it, (at least once a month at best), you are required to have insurance as you have to have insurance anytime you are on the road with a motor vehicle. Read More
There are insurance companies that will write insurance for people who have never had a license. You will need to go see and independent agent who represents many different companies so he or she can find what you need. The key is that a company will write you insurance for a vehicle that you own if you do not have a license but you will be excluded as a driver and you need to list… Read More
How can you find out if the bank still owns your car if you never registered the car in your current state?
If you possess the title, then you own it. If you've been making the payments, you should know whether or not you've defaulted on them. If you haven't finished making the payments, the financier owns that vehicle. Read More
no I knew somebody who transferred her husband's registration and insurance to her name after he died, but she never drove even once in her life (and so was never licenced to drive). Read More
You are 75 years old able never been to drive or know how to drive but am the owner of a car can you purches auto insurance and have your daughter listed as the driver?
Yes, you can. Read More
It varies from state to state, but in general you can have your license suspended, income tax return taken, pay check garnished, and/or face jail time. When making child support payments NEVER NEVER make them in cash form. Always make payments in the form of money orders, checks, or credit cards. Several unwitting victims have paid in cash only to be accused of never making a payment. Without the paper trail there is no proof… Read More
No, if you never drive, you don't need insurance. You need insurance if you own a vehicle. And, if you drive someone else's car and get in an accident and don't have insurance it could be a big mess. Call a few insurance agencies and see what they recommend if you plan to drive at all. And, if you do not drive at all, you might want to reconsider the added expense (small though it… Read More
Insurance is a payment plan for when things go wrong. If you don't have insurance you are going to have to come up with all the money at once. With insurance, you are making payments over a period of time to cover you in the event something happens. Insurance is necessary because whether you are a renter or a homeowner, you will most likely keep all of your most cherished belongings in your home with… Read More
I had a deferred payment and my car was stolen and never recovered. Will my full coverage or gap insurance cover the deferred payment?
Most gap insurance policies do not cover deferred payments. NOTE - do not accept an offer to settle on the deferred payments. This may reflect on your credit bureau that the debt was settled for less than the ballance in full. Read More
Social Security benefits can never be garnished. Unless the judgment is for child or spousal support, unemployment insurance, workers' compensation awards, relocation benefits or disability or health insurance benefits cannot be garnished. Garnishing payments made from a retirement plan is also very difficult. Read More
Call the insurance company and have them add your name. I drove my mother around and used her car for errands for her and never worried about the insurance. I have my own coverage for my car and she had hers, so if anything had happened I was covered. Often your own private car insurance goes with you when you drive another car. Read More
Best to get merchanical attention very soon. Never a good idea to drive a car making silly noises. Read More
The relief payments were never in cash because they did not want the people receiving them to use it on luxury's. Read More
Can your leased car be repossessed because of no insurance even if you are up to date with your payments?
If the terms of the lease include the requirement that you must provide insurance on the vehicle, and I've never seen a lease agreement that doesn't, yes, they can hold you in violation of the lease and repossess the vehicle. Read More
If you are carrying medical insurance is it necessary or wise to also get medical payments coverage as part of your auto insurance?
It is not required. Please keep in mind medical insurance on an auto policy only pays in the excess of what your work med doesnt pay. It is a good idea to have the medical payments on your policy because it will also cover any passengers that are in your vehicle if they don't have health insurance. It will also pay bills right away. You never know if you are going to lose your job… Read More
Can you be charged a repo and insurance fee when the original owner never notifid you of the repo and drove the vehicle away herself?
I'm not sure what your question/situation is but... The Finance company can do what's called "forced insurance" meaning if you do not have insurance they will put insurance on the vehicle at a hefty cost to you. They can also repossess the vehicle even if you are up to date in payments but do not pay them their insurance rate.... and that money is still owed after the repo. Read More
The finance company will be coming to you for payments...even if he has the car. They will send repo men after the vehicle as well. Good luck. Never EVER co-sign for anyone. Read More
If you are not behind on your mortgage payments, most likely we will not be able to begin the Short Sale process. We never advise a homeowner to stop making payments. If you are current on your mortgage but are unable to make your payments anymore, contact your lender. This would be a good time to proceed with a Loan Modification. If you do, however, become behind on your mortgage payments, we can assist www… Read More
NEVER!!!! it's illegal to drive or operate a vehicle on public roads without the proper insurance. Doesn't matter if your new or not Read More
What do you do if you've co signed for someone and they are not making payments and you have given them money to catch up their payments and they still didn't make the payments and hid the vehicle?
As the co-signer you're ultimately responsible for paying off the vehicle. You then have a right to turn around and sue the other party for non-payment. If you're given a judgement you can place a lien on the vehicle and either repossess it and sell it or keep it. Read More
Then you could be charged with "Grand Theft Auto". There is no reason to keep something that doesn't belong to you or that you haven't paid for ... besides, if it is hidden, what is the point of having a car you can never drive? The complications are far worse if caught doing this than just making the silly payments. Read More
It is never a good idea to drive without insurance as there are costly penalties if one is caught or involved in an accident. If one is in an accident without auto insurance, their options are limited but they may be able to sue the other driver if they are at fault. Read More
You should never drive uninsured however if the car has coverage it may or may not exclude other drivers besides the owner. Look into that before you borrow it. Read More
Never, most of the cameos were unpaid and between the payments for the actors credits, the payments for the music and the longstanding dispute between production companies, the likelihood of this series ever making the light of day is slim to none. Read More
In California are you liable for payments on a voluntarily repossessed car purchased by your spouse prior to marriage if you never used it because you can't drive a manual transmission?
IF your name was NOT on the contract, you're NOT responsible for it. If it was , you are. Read More
If an uninsured driver has an accident while driving an insured person's car will that person's insurance rate go up?
== == The insurance company COULD cancel your insurance, because you allowed some body, who was NOT covered on your insurance policy, to drive your car. They COULD also refuse to pay to fix the car, as the driver was UN-INSURED by them. You have no one to blame, other than yourself, for all this trouble. Never allow anyone to drive your car, if they are not NAMED on your insurance policy. Read More
No, Non Owners often referred to as Named Driver insurance never covers a company vehicle. It is the responsibility of your company to provide insurance for it's employees when driving a company vehicle. Read More
I was recently in an accident & had no insurance. The person that rear-ended me was 100% at fault, which he admitted at the scene, and his insurance company paid for my car (which was totalled) and my rental. At the end of the day, he was at fault. Her company did not insure your vehicle and owes you nothing. Never, never, never let anyone drive your vehicle if you don't have insurance on it… Read More
You can return to the venue that issued the order and ask them to give you credit. You will probably end up making these payments a second time. NEVER GIVE YOUR CHILD SUPPORT PAYMENTS DIRECTLY TO THE OBLIGOR. Hire baseball player to take a bat upside your head see link below Read More
You can stop paying car insurance when a) you no longer drive or b) you no longer own a car. You should always have car insurance if you're an active driver because you never know what could happen on the road. Insurance will handle most of your paperwork and deal with repairs, rentals, towing, etc. Read More
You lost your diamond engagement ring It was never added to your homeowners insurance but you have a certified appraisal from about 12 years ago Is your ring covered?
On insurance policies there is a section for 'contents' which should include your ring and you would have to send the receipt of the appraisal of your ring in when making a claim with your insurance company. Read More
No, child support payments are never tax deductible. Read More
Does Granddaughter not live with you anymore and not drive vehicle ever? If Granddaughter has moved into her own house and never drives any of your cars then yes you can drop her from your insurance. If she is still a member of your household or drives any of your vehicles then no you cannot taker her off your insurance. Read More
If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant. Read More
Woodrow Wilson. Only a few of these bills were printed and they were never put into public circulation. They were used only for making payments within the US government. Read More
The term bad loan refers to loans where the borrower has not been making payments as originally agreed upon by the lender. Bad loans are often never repaid. Read More
What happens if the car was totaled in an accident and money was still owed and accident is your fault?
Typically, your deal with the bank that you bought your car through is separate from your car insurance. However, many insurance companies offer "gap" insurance to cover this issue, so that the car is paid off if it is totaled. Talk to your agent, and they can tell you exactly what coverage you have and how much they'll pay. The insurance company (yours) will look the car and if it is totaled they will give… Read More
If someone else was driving your car and got in an accident with a DWI ticket included will your insurance go up and how long will it stay on your insurance?
Answer Insurance companies don't want people lending their cars to people who drive drunk, especialy since DUI causes such an increase in potential for automobile collisions. If the insurance company raises your rate, consider it an inexpensive lesson to never loan a car to someone who you suspect might drink and drive. It truly is a deadly combination. Read More
Yes, but its never wise to reaffirm a mortgage. Even if you dont reaffirm, as long as you keep making the mortgage payments, the bank wont foreclose. Read More
Never have heard of it. Might be an insurance company... Read More
Can the lender repossess your car if you didn't make the payments because they never sent a payment book?
They can repossess your car if you defaulted on the loan. You knew you owed the money and you knew you didn't receive a payment book. It was your obligation to contact the lender to arrange to make your payments. You should seek the advice of an attorney who may be able to negotiate with the lender on your behalf. Not making your payments for your debt on such a technicality is really dangerous. Read More
Under Stolypin's agricultural reforms in 1905 all redemption payments were suspended. They were never resumed. Read More
You should NEVER unplug your hard drive with your computer still powered on. It will destroy the drive. Read More
Most policies state that you have to notify them of all household members and drivers of the vehicle. This is something that you have agreed to do in the insurance contract. Many insurance companies will allow you to exclude the person from your insurance policy if they absolutely do not drive the vehicle. When you sign an exclusion you are agreeing that not only does the person never drive your vehicle but also that if… Read More
Only if you intend to drive it. Whenever you drive a vehicle you take on an almost undetermined level of risk. The reason you have insurance is to handle this risk when you are not financially able to handle it yourself. Whether or not your State or Territory requires you to legally have insurance in order to drive is up to your local regulations or laws. Even if you are not legally required to have… Read More