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Uninsured finance vehicle has been stolen Cancelled insurance because car was being repossessed by finance company?
Wiki User
∙ 15y ago
You still have rights to recover the vehicle. The finance company may help you look for it if they're desperate enough to get it back. Even if your car was insured, you would legally have to payback the finance company for the car since you broke a binding finance contract.
Wiki User
∙ 15y ago
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Can your licenses be suspended if you were the person supplying insurance on a repossessed car and you cancel the insurance?
Yes it happened to a friend of mine he wasn't even aware that the insurance had been cancelled and when he got stopped at a check point they told him that his lincence had been suspended because he did not have insurance he paid a huge fine.
Which insurance company offer the lowest rate for uninsured motorist insurance?
If you are wondering which insurance company offers the lowest rate for uninsured motorist insurance because your neighbor is planning to move to Ohio, then you should try Geico.
Can car insurance be cancelled because of old age?
no it can not
Can your homeowners insurance be cancelled because of an auto DUI conviction?
No.
Does gap insurance protect you if your car is repossessed?
yes, because it is so stupied that it is how i think
What are your payment rights when hit by an uninsured motorist?
If you have uninsured motorist coverage on your own insurance policy, your insurance will assist you. Often, your insurance will pay your damages and then it will file a civil suit against the other driver to get reimbursed. Also, you can sue the driver individually for the damage. However, many people who are uninsured are in that position because they can't afford insurance, and therefore you may get a judgment that the defendant cannot or will not ever pay.
Does insurance help with rental when car repossessed?
I've never heard of an insurance policy that covers repossession. Remember, the car doesn't actually belong to you -- it was repossessed because you failed to honor the contract of repayment of the loan to buy it.
Can a car be repossessed because of no collision insurance when standard insurance was active on the car?
If your contract requires full coverage and you do not have full coverage, you are in violation of the contract.
Can insurance be cancelled because of secondary driver?
Yes,, Any driver who does not meet the insurers underwriting guidelines can result in the entire policy being cancelled.
Can your homeowners insurance be cancelled because a tenant allowed a guest dog over who bit him?
That is a liability issue and generally policies are not cancelled for liability. You of course required your tenants to get renters insurance so their own personal liability insurance would pay.
Will your insurance company pay for an at fault driver with no insurance if you have underinsured insurance?
Yes! Good thing you bought this extra coverage. Its actually uninsured motorists and underinsured motorists. It also depends on how much you bought. I hope you also have uninsured motorists property damage, because you have to buy bodily injury and property damage separately.
What are uninsured persons called?
People are uninsured for a variety of reasons. Some have conditions that insurance will not cover. Sometimes, insurance companies drop people because their condition will be too expensive. Recently insurance companies have been exposed as dropping people just to improve their earnings. Some companies no longer offer insurance to their employees. When people lose their jobs, they also lose their insurance. Many people can't afford insurance. I think uninsured people should be called unfortunate, especially in a country that spends tax dollars on research that the majority of the citizens can not take advantage of.
