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usually you only need full coverage if you are financing or leasing your vehicle.

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βˆ™ 2005-07-23 05:21:45
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Q: When will a person be required to have full coverage insurance?
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Related questions

Is full coverage auto insurance required for auto financing?

Yes, full coverage auto insurance is required for auto financing. This rule protects the bank if you have an accident.


Do car insurance Nebraska laws require me to have full coverage insurance?

In Nebraska, you're actually not required to have full coverage. You'll only need to have minimum liability insurance.


What is the difference between minimum and full coverage with auto insurance?

Minimum coverage is the minimum amount of insurance required by law. Full coverage is the full package from the insurer, insuring everything they offer to cover.


If you have full coverage insurance and a person who is not licensed gets into an accident in your vehicle can insurance cover your car damage?

Yes.Thats what full coverage covers


Can you still get insurance on your car if it has a lien on it?

Yes. You'll be required by the lienholder to get full coverage, typically.


If the insurance company didn't make you get full coverage who is responsible if your car is stolen?

If You Did Not Purchase Full Coverage. They Are Not, So Looks Like The Person That Stole Your Car Is.


What is the difference between full coverage and third party auto insurance?

Third party insurance only covers the property of the other person(s) involved in an accident, not your car. Full coverage insurance (or comprehensive insurance) also covers your car if you damage it.


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 have full coverage auto insurance and am driving a friend's car who doesn't have insurance and you get a no insurance citation who is responsible for this citation?

the owner of the vehicle is responsible for the ticket. he/she/they are legally required to at least have the minimum liability coverage your state requires.


How many years should you keep full insurance on a car?

If one has a car loan for a new or used car in most states they are required to keep full coverage insurance. After 5 to 6 years coverage can be dropped to liability if needed.


Do you have to have full coverage auto insurance?

No, "full coverage" auto insurance is not required by law.All states require some level of car insurance that covers costs if you are responsible for an accident. That would be called liability insurance and the state minimum coverages dictate how much of it you need to buy.That said, "full coverage" does not actually exist and the phrase generally refers to buying a combination of several insurance types to ensure the most protection.


Where can one buy full coverage auto insurance?

Full coverage auto insurance will be available from all the major insurance firms. Allstate, State Farm, Geico, and Progressive all offer it. Full coverage is more expensive.

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