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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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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.


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


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

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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 .. :'(


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


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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.


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

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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?

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Can you buy insurance from an unlicensed insurance agent?

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

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What happens if the Golgi apparatus doesnt work?

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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?

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