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What if someone moves changes their insurance to match their new address and does not tell the lender then the car goes into repo?


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Wiki User
2004-06-03 12:06:24
2004-06-03 12:06:24

Yes, that can be considered "HIDING" and as you may know, that is against the law in CA. Call the lender today and tell them your new add. Good Luck

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Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.

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If the law requires you to have insurance (Auto Liability) or someone else does (your mortgage company, your auto lender) you could be in hot water if you don't have it. Otherwise, you don't have to have insurance.

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IF they hate you enough, IF they can find out who your lender is, IF the lender wants to repo because of that fact, The ins. co. is supposed to notify the lender anyway if you let the policy lapse....

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Yes, Mortgage Insurance Premiums Payments do have to be es-crowed by the lender.

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This appears to be a fake address for a letter stating they have placed lender placed insurance on your home.


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