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What type of insurance do you need in Wisconsin to do vehicle repossession work?
Wiki User
∙ 18y ago
Not sure if Wisconsin requires any special type of insurance, however, most states do have a minimum required limit. Check with your state department of public safety. Also, many lenders won't use you unless you have $1,000,000.00 plus insurance, $1,000,000.00 plus professional liability (wrongful repo insurance). It is NOT a cheap business to get into.
Wiki User
∙ 18y ago
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Anyone know what kind of demand there is for repossession agents in Wisconsin?
There is a need for repossession agents all across the country. Many insurance companies, banks and car dealers hire repossession agents as well as other places like farm equipment companies.
What insurance companies will insure a lifted truck in Wisconsin?
You would need an auto insurance policy with a modified vehicle endorsement added on.
Do you need a license or insurance to be a painter in Wisconsin?
No.You do not need a license to be a painter in Wisconsin but, you do need insurance I case something bad happens.
What documents would you need after a repossession of a car in order to get it back?
To get your repossessed car back you may need proof of residency, insurance, and, other personal information to retrieve your repossessed vehicle back to you.
Who is responsible for damage to a vehicle during a repossession?
the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.
Do you need insurance to get a drivers license in Texas?
I am pretty sure you need insurance in every state except Wisconsin to get your license. In Wisconsin it is only illegal to have an accident without insurance (how silly is that!?). In ANY event, you should always have insurance to drive.
How do you get insurance if you don't have a vehicle?
There is no need for auto insurance if you don't have a vehicle. What would there be to insure ?
If you purchased your car in Wisconsin and then registered it in Illinois do you need a Wisconsin title or an Illinois title to sell it in Wisconsin?
You need the title to be in whatever state you registered the vehicle in.
What you need to get car insurance?
You typically need a car, or other vehicle, to get car insurance.
Does your car have to have insurance to take it for an mot?
The vehicle doesn't need insurance in order for an MOT certificate to be issued, but you do need insurance in order to drive the vehicle to the test centre.
Do you need car insurance if you do not own a vehicle?
No.
What do you do if a repossession company damages your property while seizing the vehicle?
You need very good proof it was not damaged before the repossession. Nearly impossible to do as he can say it was damaged when he got it (and he will, believe me).
