Who owns gmac insurance?

Answer GMAC Insurance is a subsidiary of General Motors Acceptance Corporation (GMAC), the financial unit of General Motors. General Motors and Cerberus Capital Management have holdings in GMAC. General M... Read More »

Top Q&A For: Who owns gmac insurance

Who owns GMAC Finance?

According to GMAC, as of December 30, 2009, the company is owned by the following entities in the following percentages: U.S. Treasury: 56.3 percent, Cerberus Capital: 14.9 percent, third-party inv... Read More »

Who owns the GMAC Mortgage company?

General Motors Acceptance Corporation (GMAC) Mortgage LLC, is owned by the former GMAC LLC, which is now known as Ally Financial Inc. Since the U.S. government invested a total of $12.5 billion in... Read More »

Does GMAC Insurance Have Accident Forgiveness?

GMAC Insurance does not offer accident forgiveness. However, if you are insured by GMAC Insurance and have an accident, it does not automatically mean that your insurance premium will increase. A r... Read More »

Is it legal for your auto insurance to add your 19yr old to your policy as a secondary driver knowing he owns his own car and has his own insurance?

Answer from A Texas General AgentYes, They can do that, but only if you fail to declare him as driver or exclude him from coverage. You can still avoid having him on your policy by excluding him fr... Read More »