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You have been making payments on a vehicle for over 2 years vehicle and insurance is in parents name and they stole it what are your rights?
Wiki User
∙ 14y ago
Not really enough information to answer the question. What was your age when you 'bought' the car? What is your age now? If under legal age - are you legally emancipated? Whose name was the vehicle titled in? Who was the vehicle registered to by the DMV? (????)
Wiki User
∙ 14y ago
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What can a person do to pay for a vehicle damaged in an accident while their insurance was lapsed?
start making payments
What is Gap car insurance?
If you don't own your car, but are leasing or making payments, gap insurance protects your vehicle lease or loan. It will also pay your regular insurance deductible in the event of loss.
What does gap insurance in Virginia do?
It is different from regular insurance because it covers you for the difference between your car's value, and what you owe on it if you have an accident that totals the car, or the vehicle is stolen. If you are making payments on the vehicle, and you owe more than its value, your GAP insurance will cover the difference.
If you own your car or house and are no longer making payments should you still have insurance on them?
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
Does a co-signer have legal rights to a vehicle if they have been making the payments?
Depeding on how the vehicle is titled you may have legal rights to the vehicle even if you aren't making the payments. However, in order to just get it titled in your name then you will need their consent if it's currently titled in both of your names. Very simple answer to all these questions. If your name is on the title, you can have the car. If your name is on the loan, you can make the payments. WHAT if BOTH names on tittle, reg and insurance, one is making payments but other is the strong credit that got bike and wants it back
Can the loan company for your vehicle charge you for insurance?
Yes. If you are making payments to a car lender, you are generally REQUIRED to insure the vehicle. If at any point they discover that you are NOT insuring the vehicle, they have every right to force coverage as they have a financial interest in that car.
Can you put insurance on a motorcycle and drive it if it's not in your name yet?
No. It's the same as with an automobile. You cannot insure a vehicle that you do not have an insurable interest in which generally means that you own the vehicle. If you own the vehicle or motorcycle but are still making payments you are considered the owner.
If the cosigner is on the title can they take vehicle if person is not making the payments?
Yes..... I did
How can I lower my car insurance costs after I fell behind in my payments?
You can start making your payments on time and avoid accidents
Can a vehicle be repossessed if you allowed a military person to take over vehicle payments and he has not paid anything?
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
Do you have the right to take possession of a vehicle you cosigned when the person not making payments?
Yes.
What type of insurance must you have on motor vehicles with 4 or more wheels?
At least liability. If you're still making payments, or someone holds a lien on that vehicle, then you're required to have full coverage.
