Insurance ?.........
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Insurance ?.........
If your financing a car and it is stolen what does the insurance company do if you have full coverage.......
thanks,
Jaime
thanks,
Jaime
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The insurance company will pay the value of your car regardless if you have a lienholder or if you hold the title. If the value falls below your loan payoff amount, the insurance company issues the payoff to the bank and you receive the difference between the payoff and the value. If the value falls below the payoff (i.e. you owe more than it is worth) the insurance company pays the value to the bank....the difference is your responsibility to the bank which is either paid directly by you or covered by gap insurance (if you have it).
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werd. and take it from me...getting your car stole'd sucks
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LHT Performance
My tuner is named Alpha
Roque Fab = The best Fabricator in the WHOLE WORLD
Racing Integration
LHT Performance
My tuner is named Alpha
Roque Fab = The best Fabricator in the WHOLE WORLD
The best engine in the world is the vagina, it takes any size piston, its self lubricating, starts with 1 finger, and every 4 weeks does its own oil change. It's just a pity the management system is so fucking temperamental.