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What happens if you keep what the insurance valued your car and not pay the dealer for your car?
Wiki User
∙ 11y ago
If you owe money for the car and the dealer finds out about it, chances are,you will end up in court facing charges.
Wiki User
∙ 11y ago
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How do you get your newly purchased used car from the dealer to your insurance agent without any car insurance?
What happens when you purchase a used car from a dealer is that you get information from the dealer on the car you are buying, such as make, model, year, VIN number, then you call your insurance company. This can be done at your home or you can do it right in the dealer's office. If you are trading in an old car, you can transfer the insurance from your old car to your new car. Then, the insurance company will fax an insurance binder to the car dealer, because they will need that to transfer your car plates. You keep that faxed insurance binder as proof of insurance until you get your real policy in the mail from your insurance company.
How long does dealer have to keep insurance on vehicles after bought?
a dealer should have a bond. The coverage on the vehicle is like having a liability policy. If the dealer was driving the car and had an at fault accident, he will have to pay for repairs on his vehicle and the bond will cover the other persons car. Once you buy a car from a dealer, you are responsible for purchasing insurance for the vehicle, the dealer is no longer liable. In fact, the dealer should require that you have insurance before you drive the vehicle off the lot.
What happens in MI when a person doesn't have insurance?
Keep the person there and call the police or the insurance company so they can walk you through it.
Are there any payment options available for people in need of gastric bypass surgery that don't have insurance?
Without insurance there is no organization that will pay for this insurance. It is sadly what happens when you do not keep health insurance.
What happens if an insurance company declares your car written off?
They cut you a check and keep your car.
Is it worth it to buy travel insurance for a senior citizen?
Well, if you can afford it on your budget, you should get travel insurance. It is more important to keep her safe just in case an accident happens.
What are vaults in a cell?
Places where you keep valued stuff.
Should I purchase an umbrella insurance policy if I own my own home?
Yes, everyone should have umbrella insurance. It will help cover you if an accident happens on your property and it is deemed your fault. Normal insurance has liability limits and it will keep you from going bankrupt after a lawsuit.
If your home was lost in a fire and you received an insurance settlement and built a new home on the old basement can you get insurance money if something happens again?
Yes. As long as you keep the premiums paid, once it has been rebuilt you should have the same insurance coverage as before.
What happens to the loan when the car is stolen?
The insurance should pay the loan (if your lucky it'll pay all of it) If there was no insurance then you still have to pay for the loan. I had a car stolen and I had to keep paying for it until the insurance finally paid it off and I was left with $50 in the end to get a new car with.
Does an 18 year old have to have auto insurance to keep a drivers license?
No. He has to have auto insurance to keep driving.
What happens to a car that's declared totaled by the insurance company?
If you want to keep a totaled car, the insurance company will determine the salvage value and deduct that from your settlement check. You can still get liability insurance (if there are no safety issues related to the damage), but not collision or comprehensive unless you have the repairs made.
