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What else can I help you with?
What is the difference in insurance if your vehicle is financed?
No, there is no extra charges on an insurance policy for a financed vehicle. Only difference will arise in the paper works, and it will mention that the vehicle is hypothecated.
Can a bank add insurance to a loan?
Yes. If you do not have insurance on a car or house that is used as collateral for a loan the lending institution can take out insurance and charge you for it. The insurance THEY use will be far more expensive than what you can purchase privately, and will not protect YOUR interests, only theirs.
What is the difference between comprehensive and third party insurance?
Comprehensive insurance covers damage to your own vehicle as well as third-party damage, while third-party insurance only covers damage to others.
What is the difference between fully comprehensive and third party car insurance?
Fully comprehensive car insurance provides the most coverage, including protection for your own vehicle in case of accidents, theft, and other incidents. Third party car insurance only covers damage or injury to other people and their property, not your own vehicle.
What is an insurance Financial Planner?
An insurance Financial Planner can help you plan for a secure financial future using insurance products, like Life Insurance - for supplemental of retirement funds, and Disability Insurance to protect your income in case of a sickness or accident. A good financial planner will not only protect your investments but also your ability to earn an income, which will help you receive a monthly benefit in case you can't work if you become temporarily or permanently disabled or unable to work.
What is the best insurance for a commercial vehicle?
The best insurance for a commercial vehicle is a comprehensive plan that provides not only liability coverage, but also includes coverage for cargo, and the vehicle itself.
DO you have to have car insurance if you have a license but you don't have a vehicle?
i think if you only have a vehicle.
Do you have to have car insurance in California if you have a license but do not own or operate a vehicle?
No. You can only get car insurance if their is actual a vehicle to insure.
What is gap insurance good for?
If you bought a new vehicle today and then got in an accident tomorrow (you wrote the car off) the insurance company considers the vehicle used the therefore only pays the used vehicle value, on a high end vehicle this would cost you more than $10,000. "Gap" protection is cheap, buy it from your own insurance company to protect your interests not the manufacturers or lenders interest.
What is the difference in insurance if your vehicle is financed?
No, there is no extra charges on an insurance policy for a financed vehicle. Only difference will arise in the paper works, and it will mention that the vehicle is hypothecated.
If you have an accident with your husband's vehicle which has only PLPD insurance can he make a claim against the full coverage on your vehicle?
No. If you had an accident with your husbands car and you were at fault with only PLPD insurance, the damages to your vehicle would not be covered.
Does a co-owner of a vehicle who has never driven the vehicle have accident liability if his only reason for being on title was to get the vehicle financed?
You bet. If the other owner of the vehicle doesn't carry insurance on the vehicle -- or lets it lapse -- and has an at-fault accident, the injured party can certainly come after you as a part owner of the vehicle. If the other owner carries insurance, however, you're pretty safe. The insurance carrier handling the vehicle and any accidents will protect the owners' interests to the limits of the policy. If you know the vehicle has insurance, and you're still worried, take a moment to review the policy coverages and limits on the vehicle. Just so you know, the insurance you carry on the vehicle you do drive would not extend to a co-owned vehicle like this, unless you've told your carrier about it.
Do children have to be listed on auto insurance?
no only the drivers of the vehicle
You were hit on my moped by a car can you claim pip insurance on her insurance?
No, PIP is only for the occupants of the vehicle.
If you let someone ride your motorcycle and he crashed it do you file a claim with his insurance or your own for the repairs?
insurance follows the vehicle, not the driver. If you loan your vehicle to someone, you assume the risk of them having an accident. Only if there is no insurance on the vehicle would the driver's insurance become effective for the loss of a vehicle not owned by him.
Is there a charge by a lien holder if you do not have insurance on the vehicle?
Of course. The financing agreement that you signed requires you to have full coverage insurance and to make sure that they receive a copy of the insurance with their name listed as leinholder on the policy. This assures that they are paid if there is an accident and that they are notified in case of a cancellation of the insurance. There are laws protecting the leinholder in every state. If you break the contract with the leinholder they have the right to repossess the vehicle as well as the put what is called forced place insurance on the vehicle. This insurance protect the leinholder's interest only in case of an accident or damage to the vehicle. This coverage is physical damage coverage only and does not include liability or any other coverages and the premium is very high. The premium is charged to your loan account.
What can you do if your car was stolen and you only have liability?
Unfortunately, there is nothing you can do with your insurance company. If you only have liability insurance, they do not pay anything to have your vehicle replaced.
