insure something to pay the bill is this true? Can I get a vehicle insured under another insurance co. with this bill over my head? It's statefarm stating this to me via phone.
2006-08-24 10:33:39 · 7 answers · asked by martymarv 1 in Cars & Transportation ➔ Insurance & Registration
If you owe money to an insurance company, they are well within their rights to insist on the debt be paid prior to their issuing you another policy.
Other insurance companies may cover you, but with that on tour record, they will want more money up front!!
Pay the bill and you do not have to worry!!!
2006-08-24 10:44:01 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
You said, "The company is saying I have to insure something to pay the bill...".
They can't make you insure anything with them, and they surely wouldn't want to do anything more with you if you can't pay what you already owe. It makes no sense. That would be like owing the bank money on a car loan, missing a couple of payments, and then having the bank say "you have to get another loan before you can pay this one off." It makes no sense whatsoever.
If you really meant to say "the company is saying they won't insure me until I pay the bill", that sounds more like it.
Here's the easiest way to fix the problem. PAY WHAT YOU OWE! You can go to other companies and try to get insurance from them, but they will deny you or charge you stupidly high rates... because you are a deadbeat that doesn't pay your insurance bills.
Once the outstanding bill is paid, then you can freely explore your options with other companies. Why didn't you just pay it in the first place? Then none of this would be necessary.
Hope this helped.
2006-08-24 19:03:17 · answer #2 · answered by answerman63 5 · 0⤊ 0⤋
I've never heard of that. When we have outstanding balances, we're glad that people pay them. They don't need to have a policy with us. But if you need insurance with us and have an outstanding balance, yes, that will need paid before anything else gets insured.
You can get insurance at another company but if they check your credit, you may pay higher because of your outstanding debt. Just pay what you owe. If you feel you don't owe it, call the company.
2006-08-28 15:55:49 · answer #3 · answered by mktobyjo 3 · 0⤊ 0⤋
One of the questions on an application is, do you owe another company any money for this. So, if you lie, you may or may not be found out. But the bill collectors will continue hounding you, I promise.
2006-08-24 23:59:28 · answer #4 · answered by Anonymous 7 · 0⤊ 0⤋
You need more information, dude. Sounds like State Farm subrogated against you in order to pay for damages (?). Call them back up and find out how much and what the bill is for. If it's legit, then PAY it for heavens sake.
2006-08-24 21:33:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
unless you can prove you had coverage elsewhere, you can be held accountable for the bill.
2006-08-25 15:01:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋
you can have 10 different companies cover your car if you wanted, no one is stoppping you.
2006-08-24 18:17:49 · answer #7 · answered by Anonymous · 0⤊ 0⤋