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What else can I help you with?
What type of insurance is needed when you have a lien or loan on your car?
comprehensive coverage
What can you do if your car is stolen and you still have a loan on the car but your insurance does not cover theft and they recover your car totaled?
YOU pay off the loan like you agreed to in the contract. You likely agreed to have ins. that covered theft also. You should have had full coverage on a car with a loan on it. Sorry, you have to pay the loan off and now you own a totaled car! Comprehensive coverage isn't that expensive and would have covered theft.
What insurance is need for your RV loan?
Most loan companies will require that you have liability, collision, and comprehensive coverage. That covers you hitting someone else, someone hitting you, and loss due to fire, theft, storm damage, etc.
Can title insurance be transferred when refinancing a mortgage?
Typically, a Loan/Mortgage policy cannot be transferred to a new loan as the title coverage is unique to each loan. The mortgage coverage on a loan ends when the loan is paid off and satisfied, that is why new coverage is taken out on the new loan. However, in the case of a Mortgage Modification of an existing loan, the coverage may be extended to cover the existing loan and the new loan amount of the Modification. There would still be title charges for the changes in the Mortgage Modification coverage in most cases.
If my car is financed and i have insurance money coming can they take the money?
There is not enough information to make that determination. You have insurance money coming from what? Are you late on your loan payments? Do you have comprehensive and collision coverage? Please provide as much information as possible.
What type of insurance is needed when you have a lien or loan on your car?
comprehensive coverage
What type of insurance is needed when you have a lien or loan your car?
comprehensive coverage
What type of insurance is need when you have lien or loan on a car?
comprehensive coverage
What do you mean by comprehensive coverage?
COMPREHENSIVE COVERAGE Auto insurance for the purpose of covering the cost of repair or replacement of the insured's car in case of damage caused by something other than an accident. Comprehensive coverage often requires the payment of a deductible when a claim is made. Comprehensive may be required to qualify for a new car loan.
What do you mean by comprehensive?
COMPREHENSIVE COVERAGE Auto insurance for the purpose of covering the cost of repair or replacement of the insured's car in case of damage caused by something other than an accident. Comprehensive coverage often requires the payment of a deductible when a claim is made. Comprehensive may be required to qualify for a new car loan.
Do you have to have full coverage on a sports bike if you get a bank loan or will liability due?
More than likely your lien holder will require you to carry collision and comprehensive coverage in addition to liability coverage, this is to protect them/their investment.
Do you have to have collision on car that has car loan?
A bank will want full coverage. It is a state law to carry comprehensive insurance ( collision ) on any vehicle with a lien.
What can you do if your car is stolen and you still have a loan on the car but your insurance does not cover theft and they recover your car totaled?
YOU pay off the loan like you agreed to in the contract. You likely agreed to have ins. that covered theft also. You should have had full coverage on a car with a loan on it. Sorry, you have to pay the loan off and now you own a totaled car! Comprehensive coverage isn't that expensive and would have covered theft.
When is a car comprehensively insured?
Comprehensive is a type of coverage you can add to an automobile policy. Comprehensive coverage is a physical damage coverage that includes damage to your vehicle that is not included in collision coverage. Collision coverage is damage done when you hit something or turn the vehicle over. Comprehensive includes fire, theft, vandalism, and animal collision. You can have comprehensive without collision but not collision without comprehensive.
What insurance is need for your RV loan?
Most loan companies will require that you have liability, collision, and comprehensive coverage. That covers you hitting someone else, someone hitting you, and loss due to fire, theft, storm damage, etc.
Is liability insurance enough for cars that are purchased by getting a loan?
That all depends on which bank gives you the loan. Most banks require that you carry comprehensive and collision coverage and don't even care if you have liability. Others want both. Very rarely you will get a bank that wont' mind if you don't have comprehensive and collision.
Can title insurance be transferred when refinancing a mortgage?
Typically, a Loan/Mortgage policy cannot be transferred to a new loan as the title coverage is unique to each loan. The mortgage coverage on a loan ends when the loan is paid off and satisfied, that is why new coverage is taken out on the new loan. However, in the case of a Mortgage Modification of an existing loan, the coverage may be extended to cover the existing loan and the new loan amount of the Modification. There would still be title charges for the changes in the Mortgage Modification coverage in most cases.
