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If you co-sign for a car for someone and they have had the insurance on the car cancelled can this affect the co-signeers license?
Don't know it would effect your license, (any plates you have though are at risk), but it certainly could adversely affect your finances. You co-own the vehicle there is no insurance the other co-owner or a driver with their permission causes an accident. You, the co-owner, and the driver now are responsible for all the damages caused by this vehicle. Very scary position to be in. When I co-signed for my children to buy their second vehicles (Dad and I bought first, and these are the only people I would co-sign for), I paid the insurance premiums and they paid me back every month, that way I was assured that I was protected as the co-signer, (just some food for thought there).
What else can I help you with?
Why is a life insurance license important?
The only reason someone needs a life insurance license or certification is to be able to sell this type of insurance.
If you rearend someone when the roads are wet who does not have a license or insurance who is at fault?
If you rearend someone, regardless of road conditions or the other drivers disposition on a drivers lic or insurance, you are still responsible. Not having a license or insurance is a civil matter, not involving insurance company.
Does homeowners insurance go up if someone in the household has a license?
No.
What is required for someone to sell life insurance?
The number one requirement for someone to be able to sell life insurance is an "Insurance License". The requirements for obtaining a license varies from state-to-state but passing an exam is always a requirement.
Can an car insurance company suspend a drivers license in Texas?
No. A drivers' license is issued by the DPS and only the DPS - or a court - can suspend someone's license. However, if Texas requires insurance and you don't have it, if an insurance company notifies DPS that you don't have insurance, then DPS could suspend your license.
Where Can you get insurance without a license?
Your Local Farmers Insurance Agent. They offer Bristol West Insurance policies that will insure you with a temporary suspension, expired license as well as someone with a Mexico ID.
What is the worst that can happen if you let someone with a suspended license drive your car?
They'll have an accident that is their fault, the insurance company will refuse to pay, the driver of the vehicle and the owner will be sued for everything they own and then some. Or they will be in an accident that is not their fault but the person who owns the vehicle will have their insurance cancelled and will have to pay a fortune for future coverage.
What could the police charge someone with who hasn't got a license or insurance?
uda unlawfull driving auto. no insurance.
Can your license be suspended for someone else driving your car without insurance?
I think it depends on your car insurance policy.
Can someone with a green card get a driver's license in the US and get car insurance?
yes
Will my insurance go up if someone is driving my car without a license?
They wouldn't know someone was driving your car without a license so it would go up. However, if they have a wreck in your car the insurance company will most likely not cover the accident because the person didn't have a license.
Does a permitted license holder need insurance?
A permitted license holder still needs a car insurance. The license is just to prove that someone has taken the driving lessons and understands the road rules. Insurance helps to provide some backup when liability comes due to an accident.
