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...

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

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...

Why are you advertising AIG insurance company as THE provider of non-owner auto liability insurance when the do NOT sell such coverage?

AIG, like most other companies, will only sell this coverage in conjunction with either a general liablity policy or a commercial auto policy. It is not available as a stand-alone coverage.
http://wiki.answers.com/Q/Why_are_you_advertising_AIG_insurance_company_as_THE_provider...

What does auto liability insurance cover?

Liability auto insurance coverage is defined by your state law requirements for minimum coverage. Two types of coverage are generally discussed when obtaining liability coverage, bodily injury liab... Read More »
http://www.answerbag.com/q_view/1869632


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