Put the blame on your insurance agent, he was supposed to send a binder to the finance co. But, I have never heard of a car being re-posessed for this.
The DMV submits it to the insurance company.
No, an insurance company does not get notified of a parking tickets. Insurance companies are only liable for handling accidents.
no the police dont have to be notified
The only way they are notified is by the beneficiary filing a claim with a certified death certificate and claim forms. They have no secret power to know if someone dies.
1) Your insurance company receives your driving record from your DMV. If you are in an accident and it is reported to the police, they will add that accident to your driving record. 2) When you are in an auto accident, the insurance companies of everyone involved are notified when people submit claims.
A car cannot be repossessed until the owner has missed several car payments and the owner has been notified of late payments. In most states a car can be repossessed after three months of non-payment.
It can show up on your CLUE report which insurance companies use. Generally it will have your car but the other persons name and info. It is easy to get the insurance company to ignore that ticket under those circumstances.
Yes. If you signed the loan, you are still legally responsible for it.
No. Only when the vehicle is repossessed and always once the licence plates are turned in.
They will call you to pay the bill and after you ignore it for so long and do not turn your car in willingly they will come get it.
The court will notify your insurance company. After all, you do have to show the officer proof of insurance when you get pulled over. It depends on where your license is from as well - not all states have reciprocity with one another. This goes for moving violations as well.
Return it to the dealer.