Coverage on auto insurance when you have a car loan?Yes, you should get auto insurance coverage when you have a car loan, and even when you don’t have a car loan. The law requires it either way anytime a motor vehicle is operated on public roads..

Does an auto insurance policy have to be in the same name as the car loan?

Lien Holders Insurance Indemnity Clause Yes, Your finance contract (Loan) almost always requires that theborrower provide a Total Coverage Auto Insurance Policy on thevehicle being financed to protect the lien holders interest in theproperty until the loan has been pleased. It’s a matter of yourfinance contract. Failure of the borrower to provide the coveragerequired under the terms of the finance agreement puts the borrowerin “Default” on the finance note subjecting the vehicle torepossession and other remedies at the lenders disposition. Include All Drivers For Utter Coverage, The Insurance policy should be decently in thename of the vehicle proprietor with any extra drivers listed asadditional insureds on the policy. When the vehicle is still undera finance note. The finance company will generally require that thebuyer maintain total coverage auto insurance until the note is paid.As this is part of the finance agreement signed by the buyer,failure to do so can subject the vehicle to repossession by thefinance company. Operators Liability For liability only, any driver may obtain a liability policy foroperation of the vehicle whether they are the possessor or not, Sincethe Driver as well as the vehicle holder can both be held equallyliable for any loss regardless of who is driving, most insurerswill require you address the insured status of the holder as well. Owners Liability The holder “Name on Title” is just as liable for an accident in thevehicle as the driver is, even tho’ the holder may not have beendriving when the accident occurred. If someone was kind enough tosign for you to buy a car, the least you can do is make sure youdon’t expose them to a lawsuit over a future accident you may havein the car. This is why many states have begun requiring the ownerto have sufficient coverage regardless of whether the owneractially drives the car.

How do you drive a car that was bought if there is no insurance on it but total coverage on your current auto?

I’d call my agent just to be sure, but most policies will cover an extra or replacement car for a reasonable amount of time.

If you were involved in an accident and did not have total coverage but the bank had put compelled insurance on the loan will that insurance cover the totaled car?

That insurance will very likely cover the BANKS interest in the vehicle and any liability that may be assigned to it, but little or nothing for you.

Will insurance cover a total loss to a utter coverage auto when the car is covered by a individual policy yet the car is titled to the proprietor’s company?

Not sure I totally understand your question. Are you both the proprietor of the company (and the car), the car is titled to the company, but have the car insured as a private/non-business auto? What were the questions on the application? They ask about business use, if those weren’t answered honestly there could be a problem. Or are you telling the company ou work for possesses the car, but you have to carry insurance on it? Same question about the application would apply. Please be more specific and I’m sure I could be of more assistance.

Does the liability coverage on your auto insurance cover you against a liability exposure if you are at fault in an accident and a passenger in your car is killed in the accident?

It should, up to the amount of the policy. It is possible that your liability could exceed that amount, particularly if you had only “legal minimum”. And I suppose there could be some situations spelled out in your policy, maybe DUI or commission of a crime, that might create an exception. There may also be an issue if the passenger is a member of your household. #Two answ: Better read your insurance policy. Most liability insurance covers ONLY the person and property of another vehicle and not your own ESPECIALLY if you are at fault. .
In the UK – the reaction is elementary. Your insurance will cover you for all injuries including a fatality to a passenger in your car. If there was a deliberate act your motor insurer may wish to recoup any compensation payment for the fatality. See the related link entitled “car accidents caused by family members” to see how your insurer might investigate if suspicious circumstances are suspected due to a family relationship.

What is total coverage Auto insurance?

Utter coverage auto insurance is a policy which covers very first party and third party injury to the bod or harm to car. It covers physical damages to the car if it has been leased at the time of accident, death or physical injury to the figure of people involved in the accident, also property damages caused by the insured person’s car to someone’s property,

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What do you do if you have utter auto insurance coverage and your car violates down and is totaled?

Automobile insurance, in most cases, does not cover mechanical breakdown. If your car is not worth repairing from a mechanical breakdown and you are able to substitute it within a few weeks to a month I would suggest keeping your insurance policy active. This is to avoid having a lapse in insurance coverage which could result in higher insurance premiums when you get another car. ReactionYour car cracking down, and your car being totalled are Two separate considerations. If your car mechanically violates down, there is no coverage. If the car has been totaled in an accident, there may be coverage. I guess, more specific info is needed.

Will your utter coverage auto insurance pay for your car if you where drinking and driving and had an accident?

Response .
They’re pretty much obligated to do so, but recognize that you will most likely be dropped from coverage as soon as they detect the DUI on your record.

If you are listed under your bf’s auto policy as a driver can you add the car you own to his auto insurance coverage or does he have to own the vehicle?

adding yourself to his insurance .
If you are listed as a friver you should be covered under his insurance which means you should be able to add your vehicle as wee.

Does comprehensive coverage for auto insurance cover a hit and run of your parked car?

Response .
yes it does but you will be claiming off your own insurance and may liberate your no claims discount if you have one..
Response .
Yes it can be used but the deductible WILL apply, and your rates may increase if you put in a claim. (as unfair as that may sound)

If an unlicensed driver has an accident driving your car and you have total coverage auto insurance will it pay for damages?

Reaction .
Yes, but the rates will most likely go up. Loaning a vehicle to an unlicenced driver is risky behavior that insurance companies don’t generallly like.

What is a utter coverage auto insurance?

Their is no such thing as total coverage in legal terms. What people refer to when they say that is Physical Harm Coverage for a vehicle. What physical harm coverage violates down into Two parts. Collision Coverage: Does include a deductible, covers the vehicle from harm resulting in a person being at-fault in an accident, and harm has occurred to the vehicle in which it has to be repaired or substituted. This does also protect the vehicle if an accident or harm results from a uninsured motorists or under insured motoristsComprehensive Coverage:(also known as other then collision) Does include a deductible, covers the vehicle from damages due to vehicle that are out of control of the insured. This would be from weather, vandalism, theft, hitting an animal, and etc. Reminisce, insurance company’s insure vehicles of the actual cash amount at that time. If you have a collector car, you would to get collector car insurance, in which their is a stated amount.

Coverage on auto insurance when you have a car loan?

Do you have to have total coverage on a car if you get a loan for it?

Most lenders require that and include that requirement in the loan agreement papers that you signed. Failure to keep the insurance current can result in either lender initiated insurance which will be far more expensive and won’t cover liability, or it can result in the loan being “called in” and the car sold at auction. Check your contract to determine which option the bank selected. The lender is watching out for himself in these situations and, this is not to protect you interests. What should have been added tho’ was that if the vehicle is “called in” and sold at auction, you are responsible for the difference of what was obtained at auction and what you owe on the car. Let’s say at auction they get $700 at the auction for the car, and you owe $Four,000 on it, you are responsible for the $Trio,300.00 and whatever fees are associated with the sale. You are best off for your interest to carry total coverage.

Car insurance coverage needed?

Response .
If you are asking, “do you need car insurance to drive”, then yes you do. It is illegal to drive without it.

Can you get utter coverage auto insurance for a totaled car?

Has the vehicle been repaired and tested and title cleaned up? If so no problem, if not I suppose you can if the company you are requesting ins. from doesn’t do their homework. But I promise you should you have another loss, this will resurface.

What is the cheapest minimum coverage auto insurance?

Response .
All states have required minimums on the different required liabilty coverages, but recall that isn’t always the smartest thing.. For example in MO, the minium property harm coverage is 10k, (this pays for the harm to the property of others that you are responsible/liable for), you can’t get a used car for 10k anymore, so if you total another vehicle that is worth 17k and only have this min. of 10k, you are on the hook for the extra 7k…see?

Is it necessary for a college student to have auto insurance coverage when they do not have a car?

Response .
Most likely not, if you drive any vehicle with any regularity (siblings, parents when you’re homet etc) you need to be a listed driver, and rated on that policy.. If you sometimes drive a friends car (with their permission of course), subject to any exclusions you should be fine. If you do not drive at all ever, then no, you do not need a policy….

Total coverage auto insurance?

“Total coverage” doesn’t actually exist-but there are lots of auto insurance options you can choose from to help you feel well protected. When people say total coverage it usually means that they have a combination of insurance types that result in you being covered in almost every situation. This could include liability insurance, comprehensive insurance, uninsured motorist insurance, bodily injury protection and many others.

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When a applying for a auto loan and there are Two people on the loan does the primary name on the loan have to have insurance if they do not drive the car and have no license?

I’ve been in this exact situation before, there may be a problem and the car people may have to figure the paperwork because you can’t sell a car to someone without a license, but the people at the dealership did it for me and my mom years back so I’m sure they can find out how to do it if they wanna sell that car, but she is going to have to have her name on that insurance policy no matter what, which could bring the cost of insurance up to the point you may not even want the car. That being said it shouldn’t be unlikely to get a nice cheap insurance policy, all in all, you should be able to get the car, we did it a few years back so you should make out ok!

What is liability coverage on auto insurance?

This means that if the accident was your fault, your insurance will pay(up to an amount that is on your policy) for the other property and persons involved in the accident. Liability insurance does NOT cover your vehicle harm..

If a neighbor’s tree falls on my car and I don’t have auto insurance to cover harm does he have any responsibility or does my homeowner’s insurance provide any coverage?

Fortunately, In the United States at least, no one is held liable for acts of nature. It does not matter whether the tree fell from your yard, your neighbors yard or was sucked in from from some national forest down the street or some other yarddue to a natural occurrence . In almost all cases in the U.S. barring some proven negligence, it is our own responsibility. The average homeowner is not expected to be an experienced on trees. With respect to your own home insurance, there would be no coverage for your un-insured vehicle. Homeowners insurance does not cover automobiles. That’s what Auto Insurance is for. ResponseIf your neighbor’s tree is dead and they did not eliminate it, it may fall under their insurance. If it is living, then it would fall under your auto policy. If you don’t have coverage, then you would have to cover the loss out of pocket.

If you get an auto loan from the bank do you need total coverage?

Yeah. You need to protect their investment until you pay them off. If you don’t have utter cverage; you alone are assuming the total responsibility for the remaining balance if the car is totaed; stolen; or otherwise becomes undrivable because of an accident.

What are auto insurance coverage requirements?

It varies by state to state. It also depends on if your state laws are at-fualt or no fault. In Colorado we’re a at-fault state, which means you only required to carry liability. These thresholds are 25/50/15. That means 25k per person and 50k for the total accident. That covers hospital bills, if they were to sue you(attorney fee’s and court fees, etc), and lost wages and whatever else you might be held responsible for. 15k total property harm. Reminisce liability only covers damages to a 3rd party. (for example: the person you hit and you were at fault). All other coverages are optional. Such as Medical Payment’s, or also known as P.I.P. or private injury protection. Physical harm coverage for the vehicle is also optional along with towing and rental car reimbursement.

Can you get auto insurance under your dad if hes not on the car loan?

Yes. The leinholder (the person who has to pay the loan) and the lender (the person who receives the loan payments) is not related to the person insured to drive the vehicle.

If you have utter coverage auto insurance and am driving a friend’s car who doesn’t have insurance and you get a no insurance citation who is responsible for this citation?

the holder of the vehicle is responsible for the ticket. he/she/they are legally required to at least have the minimum liability coverage your state requires.

Coverage on auto insurance when you have a car loan?

Utter coverage auto insurance protects anyone who drives car?

In most cases, as long as the policy proprietor give permission, then the policy will cover anyone who drives the car. There are exception for those who are specifically restricted by the policy to drive the vehicle.

How do you check your auto insurance coverages?

The best way to review your coverages is to contact your Insurance Agent. Your agent can go over the terms and scope of your Insurance Policy with you and response any question you may have. Response: You can find your insurance coverage after determining your harm. You must also be familiar with your entitled insurance coverage mean what are the things that are included in you insurance coverage. You can determince your insurance coverage by completing the docs required for the insurance claim. A detailed procedure link for determining and claiming of insurance is submitted in “Related Link”.

How is my Auto insurance coverage affected after an accident?

Ordinary if it is a good auto company then your set and will be taken care of if it is a bad auto company they will burn a slot through your wallet plain brief: they turn on you

Gap insurance is from the auto loan or your insurance on the car?

GAP (ensured asset protection) auto insurance coverage is one the most necessary, yet least understood insurance products available to vehicle owners. It is generally purchased through the auto dealership or leasing company at the time of the initial purchase or lease. It’s purpose is elementary: If your car is totaled, gap insurance will cover the difference inbetween what your insurance company says your car is worth (actual cash value) and what you still owe on your loan or lease.

Do you have to have utter coverage auto insurance?

No, “utter coverage” auto insurance is not required by law. All states require some level of car insurance that covers costs if you are responsible for an accident. That would be called liability insurance and the state minimum coverages dictate how much of it you need to buy. That said, “total coverage” does not actually exist and the phrase generally refers to buying a combination of several insurance types to ensure the most protection.

Does a total coverage auto insurance in CA cover a totaled car in another state?

It depends on the company and policy. Some will deny it for “operating out of territory”. Others will cover it and then non-renew the policy for “operating out of territory”. There is no way to say for sure as it varies so much from company to company.

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What are the coverage characteristics of auto insurance?

Auto insurance usually has several components. Not all coverages are purchased by every applicant, but the basic coverages are as goes after: Liability insurance provides coverage to the named insured and others who are identified by name or by relationship to the named insured in the policy for negligent acts or omissions while operating the insured vehicle. Stated otherwise, if a covered person is legally liable for causing harm to another in the operation of the insured car, the insurer will pay those damages. Because the damages are payable to a third party, liability insurance is often referred to as “third-party coverage”. Liability insurance may be for bodily injury or for property harm, and the policy will specify the amount of coverage that is available for each type of harm. Some policies of commercial auto insurance have “combined single boundaries”, which meld bodily injury and property harm coverage into a total available limit. Medical Payments / Private Injury Protection (PIP) is a form of “very first party” coverage because it pays expenses incurred by the insured. Specifically, it pays a portion of the medical expenses and lost wages insured by the insured and others specified in the policy and/or by statute without regard to fault for the collision. The payments may be subject to a deductible. Under-insured / Uninsured (UM) is designed to compensate the named insured or others designated in the policy by name or by their relation to the insured, for bodily injury, and the effects thereof, if the at-fault party did not have bodily injury liability coverage. Because it effectively takes the place of the adverse party’s liability coverage, the damages recoverable by the insured or other person to whom the coverage applies may be diminished or eliminated according to the rules of comparative or contributory negligence to which the jurisdiction adheres.

What are coverage characteristics of auto insurance?

Auto insurance usually has several components. Liability insurance is the limit of how much the insurer will pay on your behalf to someone you injure while driving. Property harm is the limit of how much the insurer will pay on your behalf to someone on account of harm to their property you cause while driving. Medical Payments / Private Injury Protection (PIP) pay medical bills up to the limit of the insurance. Fault is not considered. Underinsured / Uninsured (UM) insurance is there for the benefit and protection of the insured in case someone else is at fault and causes injury to the insured. This is very significant insurance.

What is individual coverage auto insurance?

The private coverage of the insurance depends on the companies. Some companies they cover financial security in case of vehicular accident, which you can use to pay for hospital bills. It is best to be insured, one company that has affordable rates and best rates auto insurance is the insurance60 visit them now.

What kind of coverage will you get with progressive auto insurance?

Progressive auto insurance is a well respected nationwide insurance provider. You will most likely receive fairly comprehensive coverage but you should check the details of each specific policy to make certain.

Is utter coverage auto insurance required for auto financing?

Yes, utter coverage auto insurance is required for auto financing. This rule protects the bank if you have an accident.

Which auto insurance companies have coverage for RVs?

Almost every auto insurance agency has RV coverage. The more popular choices include Nationwide, esurance, and Progressive.

Coverage on auto insurance when you have a car loan?

Does the state of Missouri require rental car to be paid for under total coverage auto insurance?

No. Rental coverage is something you buy extra. “Utter coverage” just means you bought liability, comprehensive, and collision insurance.

Can you eliminate auto insurance from a car if you have an outstanding loan on it?

Usually no because the leinholders when to make sure their car will get paid for if their is an accident.

How do you get utter coverage car insurance?

In order for one to acquire total coverage car insurance on their automobile, one must accomplish a series of tasks. Step One: Purchase a Vehicle. Step Two: Call Progressive, where i can assist you in choosing what is right for you. Step Three: Avoid taking left turns on your way to work. Left turns are statistically more common for provoking Silverback Gorilla attack. Step Four: Request Utter Coverage Insurance when you consult your Progressive agent. I hope i have assisted you in your process. Flo Progressive Sales Agent

Does total coverage auto insurance cover auto repairs?

yes total coverage insurance covers auto repairs. It also covers maintinance and gas costs. Thats right fuktard, utter coverage insurance is the only expense you will incure while driving. In some cases they will even pay speeding tickets for you!

What if you have a car loan and have an accident and bank or insurance didn’t make sure you had utter coverage?

When a person finances a car, proof of insurance is required, a buyer has about24 hours to let his insurance company know about his car. In the event thatcar buyer stops making insurance payments the finance company is almostinstantaneously notified and your car finance agreement charges the buyera higher monthly payment for “single interest” insurance. That is where thefinance company is reimbursed if vehicle is bruised, to protect their interestsbut not the buyer’s. They can then at least get it motionless, and sell to someonehopefully more responsible. They have this stuff all figured out.

Is there a deductible on comprehensive coverage auto insurance?

Usually there is a deductible on comprehensive coverage auto insurance. The deductible can range in different amounts usually from 0 to $1000 or even higher if it is a very expense vehicle.

Can I use the auto insurance coverage on my for rental car insurance?

Absolutely, your private insurance can transfer the coverage you have on your individual policy to the rental car thus saving you a good bit of money by not purchasing the coverage from the rental company. But before you do this speak with your agent and make sure your policy will transfer coverage to the rental car and that it has comprehensive and collission coverage to transfer. Many company suggest transfer of coverage to the rental car but also there are many policies that do not provide this transfer of coverage. Make sure you have the correct kind. If there is any question, please go ahead and purchase the coverage suggested by the rental company. I hope this is of assistance.

Auto loan and no collision insurance?

Don’t do it as you are likely violating your contract and the auto will be repossesed or you will be charged for compelled place coverage or both.

Where can auto insurance coverage for collision be obtained?

One can obtain auto insurance through many insurance companies out there today. A person may wish to contact companies like Geico, State Farm, and All State to compare rates.

What is included in comprehensive auto insurance coverage?

Comprehensive auto insurance coverage covers the different types of events or accidents cause by falling objects, animals, extreme weather, theft, vandalism or riots. But it does not apply to any types of accidents with other cars.

What is windscreen car insurance coverage?

Windscreen is an optional car insurance coverage for your insurance policy. It meansyour bruised windscreen can be repaired without recurring costs and no effect on your no claims bonus.

Does having utter coverage auto insurance in MI mean if my car is totaled and I wasn’t at fault the car will be paid off?

Firstly, there is no such thing as utter coverage auto insurance. This is just a term that developed over time to mean whether or not you wished physical harm coverage on your vehicle or not. Secondly, if you have physical harm coverage this has nothing to do with what you owe on your vehicle. the physical harm section of an auto policy says that the insurance company has the option to repair, substitute, or pay the actual cash value of your vehicle. I suggest if you purchase a fresh vehicle to consult your agent about GAP coverage which will pay the difference inbetween the ACV of your vehicle and the amount owed. Never purchase this from the dealer and it will cost you several times what you can get it from your insurance company for.

What auto insurance coverage do you not need?

All coverages suggested in an auto insurance policy have a place and needs for some people. This is certainly not to say that everyone needs every coverage. What you need is a good agent that can explain the available insurance coverages and can help you determine which ones you need an which ones you can do without. You can sit down and evaluate the costs involved and the benefit to you if something happened so that you can determine on an educated basis what is best for you and your family.

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