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Your car finance company will add their own insurance that covers their vehicle, but not your liability. ANd it will significantly increase your payments. It would be so much cheaper and better protection for you to find your own insurance. Park it until you get insurance.

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โˆ™ 2005-12-08 04:55:53
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Q: What happens if you pay your car loan so it doesnt get repossessed but you dont have insurance?
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Related questions

Can a car be repossessed for not having tags?

No, only when you are required to have full coverage insurance and you dont, and the obvious that you do not make a payment.

If you repossess your car do you have to continue insurance coverage on that vehicle?

I take it you mean, if your car IS repossessed. In that case, IF you dont plan to redeem it, NO. NO car, NO insurance. Once the lender repos the car, they are responsible for the insurance coverage.

What happens when you have a car accident that was not your fault?

You Can Claim For Money Depending on whether or not you HAVE insurance. If you dont have insurance. your screwed.

If you dont pay The Exorcist are you repossessed?


How can you get your car repossessed?

dont pay the payments ever

What happens when you get hit by a person without license but the car has insurance?

If you have car insurance ,police will never stop you even if you dont have driving license.

If you tell a guy you basically want to be with him His response is if it happens it happens What does this mean?

This means if yall are meant to be yall will be but if he doesnt say it to then dont waste your time on him.

When a car is repossessed in Illinois do the police have to be notified?

no the police dont have to be notified

What happens when you pay off an auto loan?

the bank cant come and steal it. but the insurance company can if you dont pay that

What happens if you cancel car insurance and dont return tag?

Most of the time, your car may be de-registered.

You want your house repossessed?

no i dont think any body would like their house repossessed because that will mean your a tramp, then u will be put in a dangerous place .. :'(

Can you get insurance?

no i can not get insurance and i dont like insurace...

What happens if you wreck a car that you dont insure?

If the vehicle has insurance it will cover damage to the other vehicle but not the one you are driving. Now if you have insurance on another vehicle your insurance will cover the damage to the vehicle that you where driving even though it is not on your policy.

How do you find out if someone elses vehicle has been repossessed?

"YOU" dont, the debtor does. call the lender.

Where is your car if it was repossessed?

i dont know maybe your foot knows. ask your foot. haha

What happens if doctors dont send bill to insurance in time allowed?

If the provider exceeds timely filing limits with the insurance carrier the provider cannot bill the patient. The provider must have a participating contract with the insurance carrier also.

What happens if you dont have insurance and you get into a car accident driving your friends car - she has insurance?

Her insurance may state 'other drivers with the insured's permission' in which case her insurance would at least in part cover damage to other people/cars, but probably not to her own car. If her insurance does not have that clause, you are probably in trouble.

What happens if your car is repossessed and you are out of the country?

The same thing happens as if you lived across the street from the lender. They notify you by mail what is going to happen(court,auction,ect) and if you dont respond they proceed. No biggie. Not to my knowledge. Search in your browser for "vise + revoke".

What happens when there is a car accident but the person not at fault has insurance but no drivers license?

your still in trouble since you dont have a License,if you have a mean judge,

What if you dont have insurance?

You don't have any protection without insurance.

Can you buy insurance from an unlicensed insurance agent?

Dont,... ever...

What do you do if your girlfriend had gone out with one of your friends?

that happens a lot. if your friend doesnt still like her and she doesnt still like him, its probably okay. if there's no hard feelings, then i dont see why you cant go out!!! -erin:)

What happens if the Golgi apparatus doesnt work?

dont worry, we came across this question and we gave up so you should too. And find out yourself

What happens in Texas if you voluntarily have your car repossessed and money is still owed after the car has been sold at an auction?

Chris, I dont know the answer to the question YET. I will find out today. Email me latyer on and Ill have it for you. What does the lender "say" they will do???

Which is correct. she dont need your help or she doesnt need your help?

She doesnt need your help