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Chase typically requires borrowers to maintain comprehensive and collision insurance coverage on vehicles financed through their auto loans. This insurance must meet the minimum coverage limits set by the lender, ensuring that the vehicle is protected against damage or loss. Additionally, borrowers may need to provide proof of insurance upon loan approval and maintain coverage throughout the loan term. It's important to review the specific policy details and requirements directly from Chase for any updates or changes.

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8h ago

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Related Questions

Which services are offered by CHASE auto insurance?

According to a web page on the Chase website regarding services by Chase auto insurance it offers information on auto loan rates for cars. They offer a 25% discount for applicants who have a personal checking account with them.


How would an individual apply for a Chase auto loan?

An individual can apply for a Chase auto loan through their website. The link to apply will direct one to a Chase loan representative who will guide the individual through the process.


Can you qualify for an auto loan with no drivers license?

yes you can get a auto loan without a license but you can not get auto insurance with out one and you can't complete the loan closing without insurance.


Does the cosigner on an auto loan have to be on the insurance policy?

By co-signing the loan, they are guaranteeing that you will repay the loan. They do not need to be on the auto insurance policy, but it would be in their best interest.


What is auto loan death insurance and how does it work?

Auto loan death insurance is a type of insurance that pays off the remaining balance of a person's auto loan if they die before the loan is fully repaid. This insurance provides financial protection to the borrower's family or estate in the event of their death, ensuring that they are not burdened with the loan debt.


Will chase accept your insurance claim check and use it to reinstate your loan?

Ask Chase


Minimum auto insurance on an auto loan?

full coverage


Where can one find an auto loan calculator?

There are several places where one can find auto loan calculators. One can find an auto loan calculator on several websites such as Auto 123, and Chase.


Where can one apply for a Chase Auto Loan?

To apply for a Chase Auto Loan you can go to one of their buildings at apply for one with a consultant. Or you can go online to their website and apply for one online.


Where can one find auto loan quotes?

Auto loan quotes are available from many different companies. Some companies that provide auto loan quotes include Nationwide, Chase, and Capital One.


Can a cosigner on an auto loan get insurance on the vehicle?

Yes


Who is responsible for updating tax and insurance requirements of the lender in the loan process?

loan officer