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If your car insurance gets cancelled what is the penalty for not having insurance on your car?
your insurance co will notify the DMV and then can suspend your license
What is the downside of Co Operative insurance?
"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."
Can someone without a driver's license be a co-applicant on an auto loan?
Yes.
Can you be a co-owner of a car without a license?
Yes, but it's different state to state.
Should you tell car insurance co about all the childrens live in the house have driving license?
should i tell about my children have driver license live with me some time they drive
Can you still have commercial insurance if business license is suspended?
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.
Can a co-signer take the property without permission?
No, a co-signer does not have ownership rights to the property unless stated in the agreement. Taking the property without permission would generally be considered a violation of the co-signing arrangement and potentially illegal.
How do you find a hit and run driver's insurance information knowing his plate number and driver's license number?
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
Can your insurance co add a drive to your insurance if they already have insurance with a other co?
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
Does a insurance co need to give a rental during a lawsuit?
No, usually they will give you a rental while the vehicle is being worked on.
If you co-sign for a car for someone and they have had the insurance on the car cancelled can this affect the co-signeers license?
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).
What is the punishment for driving without a license in colorado?
In the state of CO, driving without a license, you will get a charge called "Driving Without Restraint". In CO it is a misdemeanor but it carries a mandatory sentence of at least 5 days in jail. The judge can sentence you to up to 6 months for the offense. You will also face a mandatory fine of at least $50 to $500.
