My daughter had a loan on a coup¨¦ and after her grandma moved to another state ( the grandma was carring her on her ins policy as a rider) she lost her insurance and the guard put a liability policy on the car and very soon the car have been stolen does my daughter still own to continue to retribution for the car or will the bank liability ins pay for it and she doesn'rt owe anything else on the sports car?
Answers: Liability only covers if someone else is injured. not larceny coverage at all. yes she will hold to pay for the motor.
Not sure what happens if the coup¨¦ is NEVER recovered?
But if the car is recovered they will assign it a appeal. (Even if it's mostly wrecked or stripped) I.E., if the loan is for $10,000 and THEIR appraiser decides that stripped down motor is still worth $2,000? Then your dtr would be expected to pay that $2,000. [That's what happrened to me.] Be prepared: the bank are very aggressive and unbelievably savvy about this. If they can squeeze blood out of a turnip, they will. They won't cut you any slack, especially as we are head into a Bush-led recession. :( Good luck!
I'm getting tinted window today/tomorrow. What should...
Answers: Liability only covers if someone else is injured. not larceny coverage at all. yes she will hold to pay for the motor.
HP rating 10 points to rapid response?
Not sure what happens if the coup¨¦ is NEVER recovered?
But if the car is recovered they will assign it a appeal. (Even if it's mostly wrecked or stripped) I.E., if the loan is for $10,000 and THEIR appraiser decides that stripped down motor is still worth $2,000? Then your dtr would be expected to pay that $2,000. [That's what happrened to me.] Be prepared: the bank are very aggressive and unbelievably savvy about this. If they can squeeze blood out of a turnip, they will. They won't cut you any slack, especially as we are head into a Bush-led recession. :( Good luck!
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