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You have collision insurance 2400.00 Per year for a 5000 car Is that crazy?
Wiki User
∙ 16y ago
If collision was cheaper, no. But since you pay so much, I'd rather keep the money for something else......like buying a new car if this one get's damaged.
Wiki User
∙ 16y ago
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Do you need Full Coverage if you Have Gap Insurance?
Yes you do. You need to have Collision and Comp coverage for Gap insurance to appy. Let's say that your vehicle is totalled out in a car accident and your loan is for $15000. Now lets say the insurance company offers you $10000. You would still owe the bank $5000 for your car so in this case, the Gap insurance will cover the other $5000 and pay off the loan in full once you submit all the paperwork they need to process the claim.
Do you need gap if you have full coverage?
Yes you do. You need to have Collision and Comp coverage for Gap insurance to appy. Let's say that your vehicle is totalled out in a car accident and your loan is for $15000. Now lets say the insurance company offers you $10000. You would still owe the bank $5000 for your car so in this case, the Gap insurance will cover the other $5000 and pay off the loan in full once you submit all the paperwork they need to process the claim.
Can 5000 collision deductible be placed on most auto policies?
For most major companies 1k is the max
Who entered the English language?
The crazy man with 5000 years old and his skin color is green
Nurse anesthetist malpractice insurance?
$5000 a year but most employers pay for that.
What time period did the Minoans exist?
5000 BC - Crazy Lala
How much would insurance be if you bought a dodge neon for 5000 dollars?
Insurance costs also depend on your age, driving record, and where you live.
What would a 5000 insurance policy be worth if bought in 1950 what would the value be now?
You need to call the Insurance Company or look in the statement of values page.
What happens if you get caught in Texas with no car insurance?
You have to pay penalty fare which is maximum $5000 and points on your license.
Can you insure a car under two different insurers?
No. If you have an accident with $5000 in damage, you will receive only that amount - you can't have three different insurance policies, for example and expect to get $5000 from each.
How much does it cost to get colored braces if you need brace but don't have them yet?
about 5000 but u might have insurance tocover that
What is the average yearly cost of HomeOwners Insurance for a 3,000 square foot house in Omaha, NE?
Depending on area and amenities, homeowners insurance in Omaha can range from $2400-$5000.
