0
If the finance company thought your insurance was cancelled and put an add on policy to your loan and the car was totaled while both policies were in effect will both policies pay for the loss?
Wiki User
∙ 8y ago
No, the finance company would simply refund any monies they charged you for forced placed insurance and your primary insurance company would be responsible for footing the bill.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Uninsured finance vehicle has been stolen Cancelled insurance because car was being repossessed by finance company?
You still have rights to recover the vehicle. The finance company may help you look for it if they're desperate enough to get it back. Even if your car was insured, you would legally have to payback the finance company for the car since you broke a binding finance contract.
What does the finance company do when a car is totaled and there is no collision insurance?
If the driver was uninsured or only had liability insurance, they would be liable to still pay the finance company back or face a lawsuit.
Who get the money if the car is totaled and the car is on chapter13?
The insurance company will pay the finance company not you.
When your car gets towed and you have it finance but have no insurance or DL. can the finance company pick up the car for you?
ABSOLUTELY.
Does life insurance corporation housing finance a government company?
yes
If a car on finance is stolen and insurance pays out but then the car is recoverd what happens to the car?
It belongs to the insurance company
What does the car insurance do after they totaled the car?
According to most auto insurance policies, the company will repair, replace, or pay the actual cash value of the vehicle insurance if you have the appropriate coverage. If the vehicle is deemed a total loss, which means that the cost to repair is close or over the actual cash value of the vehicle, the company will pay the value of the vehicle to your finance company or bank if it is financed, and will pay you any amount over the amount owed to the bank or finance company, if it is financed. At this point you have in effect, sold them the vehicle so they will take what is left of the car.
What kind of company is Instant Finance?
Instant Finance is a New Zealand finance company specializing in personal loans and insurance. One can either apply for loans and insurance online or can visit any of the 22 branches based all over New Zealand.
What does forced place insurance cover?
It covers the finance company. nobody else.
What finance company has a whale logo?
It's a life insurance company called Pacific Life. http://www.pacificlife.com/
What services does tesco finance offer?
Tesco finance offers all different kinds of insurance like car insurance, home insurance, and travel insurance are a few to list. To find out more one could look at the company's website.
Had an accident and the van is a total loss Insurance gave you a check with your your husband's and the finance company's name will the bank cash this with just my and my husband's signatures?
They shouldn't. The finance company has a lien on the insurance money to pay off the loan. The Finance Company will cash the check, pay off the balance and if there is any balance left, send the money to you.
