Do you want a high insurance deductible?

It depends on the person. The advantage to a higher deductible is lower premiums, however, the disadvantage is having to come up with a large sum of money if you're involved in an at-fault accident. A good question to ask yourself is (for example, if your deductible is $1000), "If I'm involved in an accident that is my fault, can I come up with $1000 quickly?" Can the at-fault driver's carrier...

What is utter coverage Auto insurance?

Total coverage auto insurance is a policy which covers very first party and third party injury to the assets or harm to car. It covers physical damages to the car if it has been leased at the time of accident, death or physical injury to the bod of people involved in the accident, also property damages caused by the insured person's car to someone's property, How is PLPD insurance different from...

Do you pay insurance on a leased car?

yes Can your car get repossessed for not paying your insurance? Reaction .IF your loan contract specifies that you must maintain insurance covering the vehicle, the response is YES..Reaction .Just an echo of the previous response, most major lenders require that the vehicle maintain total coverage insurance. It states in your finance agreement that the vehicle must remain insured or it can be...

What is the best way to get an auto insurance comparison?

Progressive Insurance will provide you with a comparison with the top insurance companies. Simply go onto their website or call them to find a good comparison. What is the best auto insurance company? "Best" is often a function of one's practice with the company. There are many very fine auto insurance companies-some big and some petite. The manner in which claims are treated is often the way in...

Where can one find information about comprehensive insurance coverage?

Many insurance companies suggest this coverage. All insurance companies will give their members information regarding any coverage's that they provide. Does comprehensive coverage for auto insurance cover a hit and run of your parked car? Reaction .yes it does but you will be claiming off your own insurance and may liberate your no claims discount if you have one..Reaction .Yes it can be used but...

What is the best company to get auto liability insurance?

"The best company to get auto liability insurance varies by opinion. What is the law on auto liability insurance in Tennessee? Reaction .Tennessee requires "Proof of Financial Responsibility" which can be sated by liability insurance with minimums of 25/50/Ten. Otherwise, a bond or other assurance of capability to pay damages is required. Proof is not required at the time of vehicle registration,...

What is the insurance liability for the cosigner of an auto loan?

None. A cosigner is injecting into a legally strapping contract to repay the debt if the primary borrower defaults on the lending agreement. The cosigner does not have any other obligation nor ownership rights tothe property. What is the law on auto liability insurance in Tennessee? Response .Tennessee requires "Proof of Financial Responsibility" which can be pleased by liability insurance with...

Tennessee requires “Proof of Financial Responsibility” which can be pleased by liability insurance with minimums of 25/50/Ten. Otherwise, a bond or other assurance of capability to pay damages is required. Proof is not required at the time of vehicle registration, but penalties are incurred if proof is not provided at the time of an accident. Proof is required regardless of fault, so all parties must provide it. Most drivers opt for insurance.

How can one acquire GAP insurance for their car?

If you are looking to get gap insurance for your car go onto Esurance. They have lots of deals right to fit you and they wont leave you empty pocketed. Will gap insurance help if your car is repossessed in Arizona? WHAT "GAP" does it cover?? The gap inbetween your down payment andwhat the car is worth or the amount you lack to be current with thepayments? Read your "GAP" ins. contract to be sure...

What happens to a loan on a car when the loan holder dies and there is no cosigner or insurance on the loan?

The loan must be paid out of the estate (sell of home, life insurance policy, etc...) Otherwise, the estate will be held up in litigation and will not be closed or the beneficiaries will be compelled to pay the loan. What happens to a car loan if the borrower dies? Without watching the sales agreement and/or loan agreement, it's unlikely to response your question with any certainty. But assuming...

What do you do if the insurance for a totaled car does not pay off the car loan?

I faced the same thing about a year ago. The insurance company did not want to give me what was needed. I got on-line and found many cars that were just like mine and displayed them that my car was worth more than they were wanting to give me. They still did not want to give me what the car was worth. So I went to petite claims court and filed suit on the driver of the other car. The person's...

Where and how do you get car insurance if a car insurance company cancels you?

The initial activity that may occur to the consumer is merely to go to another insurer. However, that may be am overly simplistic treatment. Most states have statutes (laws) that delineate the circumstances under which an auto insurer may decline to renew ("drop") an existing insured. One of these includes that the insurer makes a business decision to no longer write insurance in the state....