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If your car does not have insurance and the lienholder knows it does not if you have a wreck is the lienholder responsible for the damage also?
Wiki User
∙ 8y ago
ABSOLUTELY NOT. You, the driver if you were At Fault in the accident are fully responsible for both your own damages and those damages and/or injuries resulting to the other person unless on the off chance they had uninsured motorist coverage which generally would take care of them.
In that scenerio, depending on what state you live in you could still loose your driver license for up to 4 years for merely failing to have your own liability insurance and possibly be looking at some jail time.
Depending on how long you have not kept up the insurance the lender or leinholder probably has placed insurance on the property that protects the recovery/payoff of their precious collateral but does NOT NOT NOT NOT cover your liability to the other person, you still will be liable for their damages/injuries along with whatever criminal penalties are imposed which vary state to state, country to country.
If you can't afford to insure it you can't afford to drive it. E-mail me if you have any more questions.
Wiki User
∙ 8y ago
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What lien information should be sent to the insurance company for a car that was in an accident?
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A lot of damage.. anyone knows what fires can do!!!
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ask boris johnson he knows all !!
Life insurance agent?
A life insurance agent is the person who knows about the various life insurance policies and explains them to potential clients. The agent is the person who sells you life insurance.
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