Question

 What insurance is required for the auto repo business and what is the normal cost of this insurance?

Answer Answer MOST FINANCIAL INSTITUTIONS REQUIRE YOU TO HAVE AT LEAST A MILLIN DOLLER LIABILTY COVERAGE POLICY. SOME ALSO REQUIRE YOU TO BE BONDED. YOU CAN GET ANSWERS TO ALOT OF THESE QUESTIONS BY GOING... Read More »
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Top Q&A For: What insurance is required for the auto repo bu...

In the state of Texas can the lender repo your vehicle if your auto insurance lasped for 4 months you was told you had to pay full insurance coverage or vehicle will be repoed can they?

Answer Yes they can repo if they catch the insurance lapse. Most financed vehicles have a Full Coverage clause that you signed and agreed to when you contracted to finance the vehicle.
http://wiki.answers.com/Q/In_the_state_of_Texas_can_the_lender_repo_your_vehicle_if_you...

What are the definitions for liability insurance medical payments insurance uninsured motorist comprehensive and collision for auto insurance?

Answer Liability insurance: The coverage found on any auto policy that handles damage you cause to another person's property, either directly or indirectly with your car.Medical Payments Insurance:... Read More »
http://wiki.answers.com/Q/What_are_the_definitions_for_liability_insurance_medical_paym...

Is auto insurance required in Wisconsin?

Yes. As of June 1, 2010, drivers in Wisconsin are required to have automobile insurance with at least $50,000 coverage for injury or death of one person, $100,000 for injury or death of two or more... Read More »
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What type of auto insurance is required in illinois?

In the United States, 48 states and the District of Columbia require car owners to buy insurance coverage before they can legally drive on the roads. Illinois is one of the states that requires car... Read More »
http://www.answerbag.com/q_view/1869901


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