Comments on: Insurance? http://www.insuranceratedatabase.com/insurance/insurance-7/ Search For Your Insurance Questions Mon, 11 Jul 2011 00:46:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jim D http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1968 Jim D Fri, 19 Feb 2010 06:28:33 +0000 http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1968 Yes. Financed cars is more expensive to insure cause it requires full coverage. Try this one - - I personally have their car insurance, cause it is the cheapest for full coverage in our area. Yes. Financed cars is more expensive to insure cause it requires full coverage.
Try this one – - I personally have their car insurance, cause it is the cheapest for full coverage in our area.

]]> By: mbrcatz17 http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1967 mbrcatz17 Fri, 19 Feb 2010 00:39:40 +0000 http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1967 The bank will require you carry collision and comprehensive. The insurance company WILL give you comprehensive, stand alone, if the vehicle is in a locked garage, AND is registered non op. HOWEVER, they will NOT give you collision with that comp. Bottom line, you will have to carry liability along with the collision and comp, until the car is paid off. You CAN get a non op on a financed car, but I'm not sure why you'd want to. The bank will require you carry collision and comprehensive. The insurance company WILL give you comprehensive, stand alone, if the vehicle is in a locked garage, AND is registered non op. HOWEVER, they will NOT give you collision with that comp.

Bottom line, you will have to carry liability along with the collision and comp, until the car is paid off. You CAN get a non op on a financed car, but I’m not sure why you’d want to.

]]> By: lorijotx http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1966 lorijotx Wed, 17 Feb 2010 02:36:16 +0000 http://www.insuranceratedatabase.com/insurance/insurance-7/#comment-1966 If you are financing a car, you have to have insurance. The finance companies check every few months and if they find you don't have insurance, they send you a letter telling you to provide the info. If you don't, they will then go out and get full coverage and nearly double what you can get it for. As to how they check, they send an inquiry to the insurance company you listed. If you are still in good standing, they will let the finance company know. If you are no longer in good standing\dropped the policy, they tell the finance company that too. That is how they find out. If you are financing a car, you have to have insurance. The finance companies check every few months and if they find you don’t have insurance, they send you a letter telling you to provide the info. If you don’t, they will then go out and get full coverage and nearly double what you can get it for.

As to how they check, they send an inquiry to the insurance company you listed. If you are still in good standing, they will let the finance company know. If you are no longer in good standing\dropped the policy, they tell the finance company that too. That is how they find out.

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