yes in my state i had to get insurance before i could get my license back
Yes, Every State requires you have an insured vehicle before before you can even take the driving test to get your license.
your insurance co will notify the DMV and then can suspend your license
"A co operative business is owned by their customers, and the same goes for a co op insurance company. The downside is that if the co op is not successful, the customers are not just without an insurance company, but they also lose their investment."
Yes.
Yes, but it's different state to state.
Legally you cannot continue to have commercial insurance till your business licence is revalidated. It's your duty to intimate the Insurance Co. about the suspension of your business licence.
should i tell about my children have driver license live with me some time they drive
No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.
You need to file a police report and give them all the information available to you, they will be able to trace him down. However, chances are, his insurance is either lapsed or, non-existent. Also, you can contact your insurance co and do the same with them. Good luck
No, usually they will give you a rental while the vehicle is being worked on.
yes and no... depends if your going to be cancelled becasue you had a license suspension, and need another driver on the policy... but normally no.. why would u? to pay twice? and if you did... each insurance company would fight over who doesnt have to pay for a claim lol... good luck
Don't know it would effect your license, (any plates you have though are at risk), but it certainly could adversely affect your finances. You co-own the vehicle there is no insurance the other co-owner or a driver with their permission causes an accident. You, the co-owner, and the driver now are responsible for all the damages caused by this vehicle. Very scary position to be in. When I co-signed for my children to buy their second vehicles (Dad and I bought first, and these are the only people I would co-sign for), I paid the insurance premiums and they paid me back every month, that way I was assured that I was protected as the co-signer, (just some food for thought there).
The Co-operative Insurance was created in 1867.