Question

 What does it mean when the bank carries liability insurance on a auto loan?

Answer Just as with any other cost of doing business, When the expense is incurred in the course of production or service then those costs should be included in expenses.
http://wiki.answers.com/Q/What_does_it_mean_when_the_bank_carries_liability_insurance_o...

Top Q&A For: What does it mean when the bank carries liabili...

If a car is stolen and it is still being paid for and the borrower does not have insurance on it but the bank has liability does the borrower still have to pay off the loan?

Just as with any other cost of doing business, When the expense is incurred in the course of production or service then those costs should be included in expenses.
http://wiki.answers.com/Q/If_a_car_is_stolen_and_it_is_still_being_paid_for_and_the_bor...

What insurance company carries liability insurance for caterers?

Almost any Insurer that provides commercial lines coverage will have a program for caterers. Just call your insurance agent, check the yellow pages or search on line.
http://wiki.answers.com/Q/What_insurance_company_carries_liability_insurance_for_caterers

Can a bank offer you a settlement on a charged off auto loan and later refuse the settlement offer because you received a check from your auto insurance company to fix your car from an accident?

Answer Yes, the bank or any lending institution can withdraw any offer unless a contract has been signed by all parties.
http://wiki.answers.com/Q/Can_a_bank_offer_you_a_settlement_on_a_charged_off_auto_loan_...

Is there anyway to locate whether a company carries liability insurance if they do not disclose it?

Answer Call your local Inter Company Arbitration Assocition and ask to speak to the manager. If you give them the company name they may be able to tell you based on their experience.
http://wiki.answers.com/Q/Is_there_anyway_to_locate_whether_a_company_carries_liability...


feedback
loading