Question

 If you cancel full coverage on a financed vehicle and transfer it as a gift will the new owner be required to get full coverage on the car?

Answer %DETAILS% Answer You cannot transfer the title while the lender has a lien on it and they will NOT release the lien until the loan is paid off. They will also NOT allow any names on the title that... Read More »
http://wiki.answers.com/Q/If_you_cancel_full_coverage_on_a_financed_vehicle_and_transfe...

Top Q&A For: If you cancel full coverage on a financed vehic...

What will happen to your current insurance policy if you transfer from a newer vehicle with full coverage to an older vehicle with basic coverage?

The cost of the monthly permiums should go DOWN, as the cost of replacement of the car, or repairs to it will be less expensive.Check with the insurance agent.
http://wiki.answers.com/Q/What_will_happen_to_your_current_insurance_policy_if_you_tran...

How long do I need full insurance coverage on a financed vehicle?

In California, anyway, you need full insurance coverage on a car the whole time it is financed. After its paid off, you can drop a bunch of the coverage and just carry liability.
http://wiki.answers.com/Q/How_long_do_I_need_full_insurance_coverage_on_a_financed_vehicle

If you have full coverage do you need UMPD coverage or will full coverage suffice if you are hit by an uninsured driver?

Answer you dont have to have umpd coverage if you have full coverage but most of the time on full coverage it has umpd and if you dont have umpd your collision will pay for fixing your vehicle but ... Read More »
http://wiki.answers.com/Q/If_you_have_full_coverage_do_you_need_UMPD_coverage_or_will_f...

If a car is financed through a used car dealership do you have to have full coverage insurance?

AnswerIf the dealer doesn't require it, probably not. But do you want to take the chance of continuing to make payments on a car that you can't use after an accident? AnswerIt depends on the bank ... Read More »
http://wiki.answers.com/Q/If_a_car_is_financed_through_a_used_car_dealership_do_you_hav...


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