Usually when your buying car insurance you have the option to make monthly payments, or pay in full -if you pay in full, you pay the full amount for the year. This way there are not payments to be made until 12 months later when you have to renew your insurance....
If the car is paid off, then only liability insurance is needed. If it is not, then you will need a full insurance coverage plan.
Yes. You are insuring not only your own car but anything that you hit.
Hi, It depends on what type of insurance you had. Liability, full coverage...etc...Call your insurance company and find out.
A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.
Most finance companies will make you carry full insurance, at least till it's half way paid off!
In most states, including North Carolina, you still have to maintain some form of car insurance coverage. If the car is paid off you can drop your policy from full coverage to liability insurance.
In my state you only need to have Liability insurance the get a title and register the vehicle. If, however you have a loan on the car the lender will require you to have full coverage.
No. But in most states you are still required to have liability insurance to cover the costs of any damages you may cause to others if you are at fault in an accident.
You only need the minimum liability insurance, what the state requires.
i'd say the insurance company owns it
Brakes may or not be paid by your insurance or dealer depending on the company and the warranty in which your car is under. Consult dealer or insurance to verify.
Stolen car that claim was paid off by the insurance company. The car was later recovered. Because the claim was already paid the car is owned by the insurance company and they will typically sale these at auction.