answersLogoWhite

0

The policy on lease mileage overage forgiveness for this vehicle is not available.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance

What is the mileage reimbursement policy for work-related travel?

The mileage reimbursement policy for work-related travel typically involves employees being compensated for the distance they travel using their personal vehicle for work purposes. The reimbursement rate is usually based on the standard mileage rate set by the IRS, which is meant to cover gas, maintenance, and wear and tear on the vehicle. Employees are required to track their mileage and submit a reimbursement request to their employer for approval.


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.


What is the average companies pay out for mileage of personal car use?

There is no set average a company pays out for mileage of a personal use car. The amount a company pays out is an agreement defined when a job is offered. The company has their own policy. It is a uncharted standard.


What is permitted driver insurance and who is eligible to be covered under this type of policy?

Permitted driver insurance is a type of policy that allows individuals who are not the primary policyholder to drive the insured vehicle with permission. Typically, immediate family members or other designated individuals are eligible to be covered under this type of policy.


Can you finance a car but not be the insurance holder?

In terms of the lender, probably not. If the car is financed, the buyer/owner has the contract with the creditor. The creditor requires collision and comprehensive coverage for THEIR vehicle which they finance. They do NOT have any relationship with any other person but the person named on the vehicle loan. An insurance policy is only issued when the 'policyholder' has a financial interest in the item for which they are requesting insurance. If you apply for an auto policy to cover the newly purchased vehicle, the insurance carrier will likely deny coverage. If you do not own the car, chances are you do not garage the car at your address of record. This is sometimes acceptable, such as when a child goes off to college, with an insured auto. However, if you simply lend your vehicle to 'John Smith' with no specified ending time/date, this is more than occasional use and the carrier would likely deny any claim arising out of an accident John Smith may have. Additionally, the terms of an insurance policy are accepted by the buyer of the insurance, by signing and dating the policy application and likely another document upon issuance of a policy. If you have no financial interest in the insured item (a car in this case) you have no insurable interest.

Related Questions

What stores in Canada offer an overage when using a coupon?

In Canada there are very few stores that offer an overage when using a coupon. WalMart does offer overage and Target their main rival, but new to Canada, also offers overage. There are some stores however, that do not offer overage since the policy is sometimes left to the manager's discretion.


What is the mileage reimbursement policy for work-related travel?

The mileage reimbursement policy for work-related travel typically involves employees being compensated for the distance they travel using their personal vehicle for work purposes. The reimbursement rate is usually based on the standard mileage rate set by the IRS, which is meant to cover gas, maintenance, and wear and tear on the vehicle. Employees are required to track their mileage and submit a reimbursement request to their employer for approval.


Does Pet Smart pay overage for coupons?

They will honor the policy but they will not give you three dollars in cash. They usually give it to you on a gift card.


When reimbursed for mileage if carpooling who can claim for mileage this is a case where volunteers are only reimbursed mileage for courses not for their time?

When carpooling, typically only the driver of the vehicle can claim mileage reimbursement, as they are the one using their car for the trip. Passengers, including volunteers, generally cannot claim mileage for their share of the ride. It's important for volunteers to clarify the reimbursement policy with the organization to ensure they understand the rules and eligibility criteria for mileage claims.


Can you cancel A vehicle in policy?

Sure you can. If you sell a vehicle or it is no longer operable for whatever reason you can delete the vehicle from the policy. You just contact your agent or company and they will assist you in taking the vehicle off the policy.


What is Targets coupon policy on overage for food items?

Targets coupon policy on average for food items would be one coupon use per product. They usually will not let you use coupons in order to get stuff for free.


Can my policy cover my parents car?

The vehicle owner should have a policy on the vehicle. If you are an occasional permissive driver of their vehicle there would likely be coverage.


Does any insurance company offer a month policy?

Insure your car for a year ,then after a month return the plates and cancel the insurance. You should be credited any overage you paid in


What is gas mileage reimbursement Nebraska?

Gas mileage reimbursement rates in Nebraska vary depending on the organization or employer. However, the standard mileage rate set by the IRS for business use of a personal vehicle in 2021 is 56 cents per mile. Employers can choose to reimburse at this rate or a different rate they determine. It's important to check with your employer or organization to learn their specific gas mileage reimbursement policy in Nebraska.


Can you be added to anybodyies auto insurance?

You may be added to someone else's policy as a driver if you operate their vehicle. You cannot put a vehicle titled in your name on someone elses policy. The vehicle must be insured in the name of the person who owns the policy.


Who is responsible for insurance deductible in an accident of commercial vehicle?

The Company who owns the vehicle would be responsible for deductibles listed on the policy their own policy.


Can you add your roommate on your car insurance?

You can add your roommate to your auto policy as a driver but you cannot add their vehicle to your policy. You cannot insure a vehicle you do not own and since you have no legal relationship with a roommate you cannot add a vehicle they own to your policy. You do have an obligation to add them as a driver on your policy if they ever drive your car.