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Yes, they can. When you agreed and signed your finance contract at the time of purchase you agreed to keep the property insured until the note was paid off.

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Q: Lien holder wants to verify the insurance on our boat in Alabama can they require insurance on it if you never use it and it is in storage due to a disability?
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Related questions

Where can one find cheap storage insurance?

SafeStor, Willis Storage Insurance, Storage Insurance, MiniCo Insurance Agency, the Bader Company, Deans & Homer, StorageFirst, and Ponderosa Insurance offer cheap storage insurance.


Does a car that is not drivable require insurance?

No. You may be required to surrender the license plate and registration to the DMV before you can cancel the insurance, though. If the car is of value, such as an antique or collectible, you might want to consider purchasing vehicle storage insurance.


Does US or Ohio law require the owner of a second vehicle to carry storage insurance even if it is permanently parked and never driven?

No. But it would be wise to have storage ins on it, in case the vehicle is the cause of a building fire.


Should you have storage cabinets in an insurance office?

Having storage cabinets in an insurance office is strictly the choice of the owner. However, having storage for paperwork is always a plus.


Why does a computer require different memory storage?

memory is a store deta is callad memory storage and computer require take deta in memory.


Does storage insurance cover an accident if the car is driven?

if car was driven by storage employee or anyone who is affliated with storage facility. Yes, it will be convered by their insurance. However, if the vehical was driven by a owner, his or her car insurance company will be responsible. best way to resolve this issue, contact your insurance agent or provider! asian623 http://www.myspace.com/scionturboracing


Would it be smart to pay for insurance on a car storage unit?

If you decide to store your car in a storage unit, it is always a wise decision to get insurance. Robberies occur at storage facilities all the time, and you never know what could happen.


What does not require indoor storage for ammo?

inert munitions items


Does homeowners insurance cover storage for a corvette stored in garage?

No. Vehicles are covered under an Auto Insurance Policy, Not a Home Insurance Policy.


What are the costs associated with equipment storage services?

When it comes to equipment storage services, understanding the associated costs is crucial for effective planning and budgeting. While the costs can vary depending on various factors, let's delve into the common expenses you may encounter. Rental Fees: One of the primary costs associated with equipment storage services is the rental fee for the storage space. The size and type of storage unit you require will influence the rental cost. Larger units or specialized facilities, such as climate-controlled storage, may come at a higher price. Additionally, the location of the storage facility can also impact the rental fees, with urban areas typically having higher costs than rural areas. Duration of Storage: The length of time you require heavy equipment storage services in California will also affect the overall costs. Storage facilities usually charge monthly, so the longer you need to store your equipment, the more you can expect to pay. It's important to consider the anticipated duration accurately to avoid any unnecessary expenses. Additional Services: Depending on your specific needs, there may be additional services that come with associated costs. For example, if you require assistance with loading and unloading your equipment, you may opt for a storage facility that offers equipment handling services. These value-added services can enhance convenience but may come at an extra cost. It's essential to discuss the available options with the storage provider to understand the pricing structure for any additional services you may require. Security and Insurance: Ensuring the safety and security of your equipment is paramount during storage. Many reputable storage facilities invest in robust security measures, such as surveillance cameras, access control systems, and 24/7 monitoring. While these security features offer peace of mind, they can contribute to the overall cost of the storage service. Moreover, insurance coverage for your stored equipment is another consideration. While some storage providers offer insurance as part of their package, others may require you to obtain your insurance policy. The cost of insurance coverage will depend on factors such as the value and type of equipment being stored. Access and Convenience: If you require frequent access to your stored equipment, it's worth considering facilities that offer flexible access hours or even 24/7 accessibility. However, enhanced access and convenience often come with a higher price tag.


Will a finance company accept storage insurance instead of full coverage if the car is never driven If so how much cheaper is storage insurance compared to full coverage?

They will probably demand full coverage on the car whether you drive it or not. The storage insurance should be quite a bit cheaper than if the vehicle were actually in use on the streets, etc. Check with your finance company and your insurance agent.


What are two types of storage?

Well, the categories which storage devices are under, are PRIMARY and SECONDARY storage.Primary storage is elctronic storage which is directly connected to the computer. Unlike the primary storage, the secondary storage is not directly connected to the CPU. But, te secondary has more advantages and one big disadvantage which was just mentioned.