You cannot insure a vehicle that does not belong to you.
The same for insurer, they cannot sell something that does not belong to them.
Vehicle is policyholders under settlement of claim.
When policyholder cashes settlement cheque, then becomes insurers property.
They should not drop you before a claim is settled. If they have contact your state department of insurance and file a complaint.
You need insurance on a new car BEFORE you even drive it off the lot. Get a quote before purchasing the vehicle and have it saved by your agent. Then the day you purchase the vehicle, have the VIN in hand, and purchase the insurance before picking up the vehicle.
No you can't. I'm having the same problem! In Michigan the Secretary of State requires a vehicle to be insured before you can register it but my insurance company requires the vehicle be registered in my name before they will insure it!
No, you can get a commercial policy for a commercial vehicle. If it's for a company you work for, I would make sure they had proper insurance before you drove the vehicle.
You may not get the suggested retail value for your vehicle. However, this depends on who you sell it to. When making an auto insurance claim, you will get what the insurance company thinks the value of the vehicle is before the accident.
Test driving a vehicle with the salesperson in the vehicle. They should put a dealers tag on the vehicle before you left the lot. It will fall into the dealerships insurance policy.
yes in my state i had to get insurance before i could get my license back Yes, Every State requires you have an insured vehicle before before you can even take the driving test to get your license.
Most, but not all insurance companies will require you have a drivers license to buy liability insurance for your vehicle. All of the 50 United States however require you have a license or permit of some type before you can drive your vehicle on public roads.
Most insurance companys want you to go to a certified repair shop to make sure you are not frauding them some will even send out their own inspector to check you car out before they approve any repairs
If there is no insurance on the vehicle and you get a ticket for driving without insurance you are guilty of the offense and will have to pay your fine. Even though the vehicle belongs to someone else it is the responsibility of the driver to make sure there is valid auto insurance on the vehicle before driving it.
They can collect before it is settled
When your vehicle is in the process of being repossessed, the bank is starting the process of taking back ownership. If you have not maintained continuous insurance coverage on your vehicle, chances are the bank will force place insurance which will add to your loan balance. If you are anticipating repossession, keep insurance on the vehicle until the vehicle is claimed. If you intend to discuss payment arrangements to get your vehicle back, you must keep insurance prove you are financially responsible. If you do not intend to get the vehicle back you can cancel your auto insurance after the vehicle is no longer yours. When the bank takes possession, you no longer have a financial interest in the car. Notify the DMV before cancelling the insurance that you are no longer the registered owner of the car to prevent fines for no insurance with the state.