answersLogoWhite

0


Best Answer

NO, a co-signor cant repo anything. IF your name is on the TITLE as co-owner, you can take possession. NO name on the title, all you can do is work with the lender and take care of it that way.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a co-signer for a car repossess the car for non-payment and or failure to maintain insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How long can I maintain Cobra Insurance after I lose my job?

You can maintain Cobra Insurance for about 18 months. The stimulus package that passed last year also enables greatly reduced fees for continuing health insurance coverage under COBRA.


How much insurance do 18 wheeler have?

All commercial carriers must maintain a minimum of $1,000,000 in liability insurance.


Do insurance agents have to take annual refresher courses to maintain their insurance licenses?

Yes, insurance agents do have to take refresher courses to maintain their licenses in order for an agent to get their next level licenes they have to take a refresher course and pace the test at the end.


Trucker who carry gas and oil carry how much insurance?

ALL CMVs are required to maintain $1,000,000 in liability insurance.


Can you cancel auto insurance if you are not driving?

If you don't own a vehicle, or have no intention of driving, you do not have to maintain auto insurance.


Can a car get repossess because of no insurance?

No. Most (99.9%) of the lenders require you to maintain Comp.& collision Ins. on the vehicle the money was loaned for and secured by. If you fail to do this the lender can, and in most cases, will put this Ins. on the vehicle and you will be charged. The charge for Ins. placed on the vehicle by the lender will be quite high, and it is then added to your payment. If you get your own Ins., the lender will cancel the ins. they placed on the vehicle.


How can one acquire NM auto insurance?

Fred Loya insurance is different than any of other auto insurance company. We offer new Mexico auto insurance plans that are affordable and easy to maintain.


Is pekin insurance a good insurance?

Pekin insurance provides a variety of insurance products including auto, home, life, and health insurance. They are one of the nations most successful insurance providers and have been around since 1921. As such, Pekin insurance has had time to create and maintain its rather inspiring reputation.


How can an insurance company void your registration?

The insurance company Does Not void your registration, Your State does. Some States department of motor vehicles will void your registration if you have no valid auto insurance or fail to maintain your Financial Responsibility.


Can your car be repossessed if you do not maintain insurance coverage on the vehicle?

An automotive loan usually contains a clause that says the loan recipient must maintain insurance on the car for the life of the loan. Usually, this includes not only the legal minimal liability insurance, but also theft, collision and fire insurance. If you are in breach of the loan agreement, your car may be subject to repossession, depending upon the terms of your loan agreement.


What Wisconsin insurance license is needed to sell Group Health and Dental Insurance?

You would need a Health License and maintain continuing education credits. Contact the State of Wisconsin Department of Insurance for more information.


Do you have health and dental insurance in the National Guard?

Not really. Since the Guard is part time, it is up to your full time employer or yourself to maintain health and dental insurance.