If your asking if your auto insurance provides protection from repossession for non payment of you car note. No, there is no such thing.
Your auto insurance provides coverage for accidental injuries and or damages, it does not cover your car notes.
AnswerI don't know what repossession insurance is. I know about life insurance, but I've never heard that term. Please re-post your question if this doesn't help!Wrongful repossession insurance??? Coverage for when the Repossession Agency wrongfully recovers an asset for a myriad of reasons.
Gap insurance will not cover repossession in any state or territory of the US. Repossession is not a valid claim for insurance. In fact, it is possible your insurance could be cancelled as a result of the repossession, making you high risk.
Allied Insurance was created in 1929.
Gap insurance only pays if the vehicle is totaled in an accident or stolen and not recovered. It does not cover the deficiency balance after a repossession sale.
who is allow to do Vehichle/car repossession? when is a vehichle/car repossession not allowed? whats the minimum insurance needed for car repossession?
To start a repossession business you must file the appropriate business license. Many repossession businesses also have insurance and a bond for their business.
Allied Auto Insurance provides several insurance packages to customers, including accident forgiveness and personal injury coverage upgrades. Allied Auto insurance also offers discounted insurance to safe drivers.
no you can not sory
If insurance is required by your contract then the 'wrong' insurance might be a contract violation allowing repossession. You have to read your contract.
Did you have insurance when it was wrecked???
Allied Specialty Insurance - (800)237-3355
"Allied is certainly a respected insurance carrier and it operates under license in all 50 US states. They are a large insurance company and thus all the full portfolio of products including auto, home and property, and business type insurance products."