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A lender can force you to have a current auto policy because they want to make sure their vehicle will be paid for if an accident happens.

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Q: Can a lender enforce a auto insurance policy?
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Related questions

Can you get insurance on auto that is not in your name?

You can pay for insurance on an auto that is not yours...but the policy must be the titleholder's policy.


How do i find out exactly what my auto insurance covers with my policy number?

Talk with your auto insurance agent if you don't know how to read your insurance policy.


If you total your car after your insurance is canceled will GAP insurance still protect you?

NO,, GAP Insurance is supposed to pay the difference between what your Auto Policy paid and any remaining portion of your loss after the Auto Insurance Policy has paid it's maximum. If No Auto Insurance Policy is in Place providing comprehensive and collision coverage then your GAP Policy is Null and Void. GAP coverage only pays in conjunction with your Auto Insurance Policy. No Auto Insurance! No Gap Payment


What type of auto insurance covers the driver no matter what vehicle they are driving?

There is no Such Auto Insurance Policy. You would need a Primary Auto Insurance Policy on your own Vehicle and then an attached Umbrella Policy on top of it in order to get close to this.


What are the length of the terms on Progressives Auto Insurance Policy?

The length of the terms on a Progressive auto insurance policy will depend on which type of policy you choose. The longer you commit to their insurance, the better deal you will get.


What is an auto policy?

An auto policy is basically a car insurance policy. It spells out what kinds of damage and occurrences are covered.


Do you have to get your auto insurance under your cosigner's auto insurance if they cosign for you?

maybe it will help you - autoinsurance.aains.us/adding-young-driver-auto-insurance-policy/


How to train businesses on auto policy insurance?

The best way to train businesses on auto policy insurance is to review the entire policy in detail, especially going through any exceptions to the policy.


Does sr22 insurance take the place of liability car insurance?

There is no such thing as "SR22 Insurance". What is referred to as such is actually just Auto Insurance with an SR22 filing. Any liability Auto Insurance Policy or even a Full Coverage Auto Insurance Policy can have an SR22 Endorsement attached to it.


How much is sr22 insurance?

Since Sr22 Insurance is actually just Auto Insurance. The answer is that it costs the same as an Auto Insurance policy would.


Is inexpensive auto insurance not as good?

Inexpensive auto insurance can be as good as expensive auto insurance, it just depends on the policy you are getting. If you are aware of exactly what coverage you are purchasing, there should be no reason why you couldn't by the less expensive policy.


Does auto insurance cover trailer?

Yes. In Colorado a trailer would be covered under the auto insurance policy. If you have a fifth wheel or camper I would recommended and insurance policy by itself on it.