If you bought a car for your daughter in your name and the payments and insurance are taken out of your account do they have the right to pick it up?


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2015-07-15 19:12:20
2015-07-15 19:12:20

As long as the contract is NOT in default, NO. Read the contract. Payments current, ins. current, no other defaults?


Related Questions

Are you sure you didn't permit your insurance company to bill your account directly when you bought the insurance? This is becoming a very common thing. If you didn't, you'd have to ask how the insurance got your account information to get the funds.

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Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.Perhaps if they bought it after you defaulted or had a history of late or missed payments.

It is my understanding that in most states an insurance policy is issued to the name which appears on the vehicle's registration.

No, giving your body away when you die is a donation. You do not get paid for it, but if you bought insurance for death, your family (E.g Wife, daughter, son etc...) will get a sum of money depending on how you died or which kind of insurance you bought.

The simplest way is to go to the office of the insurance agent from whom you bought the insurance. The agent will have a form promulgated by the insurer that will permit you to change the designation of one bank (account) to another for the purpose of withdrawing premium payments. When you have completed the form, obtain a copy of it to document that it has been done. It may take one or more billing cycles for the change to become effective, so make sure that there is sufficient money in the old account to cover the withdrawal.

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Contact your agent or policy services dept for the insurance company you have, they will be able to help you if the vehicle is in your name your daughter can be listed as the principle driver, you will likely be on the policy as the owner of course, there shouldn't be any problems.

It may be if it were paid up or if you have continued making payments or you directed the dividends to make the payments for you. You would need to find the company or whoever bought them, call and ask. It's that simple.

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