2007-09-27 06:54:13 · 3 answers · asked by stella 2 in Cars & Transportation ➔ Insurance & Registration
Yes. It's in the fine print on your financing contract.
2007-09-27 07:00:39 · answer #1 · answered by soaplakegirl 6 · 0⤊ 0⤋
You probably signed a paper allowing it. You are required to carry full coverage until the car is paid off. Should you cancel the insurance during the life of the loan, the insurance company will notify the finance company.
2007-09-27 09:13:57 · answer #2 · answered by sensible_man 7 · 0⤊ 0⤋
Without your permission, all they will disclose is that you are covered and at least for the state minimum. With your permission they will tell them whatever they ask for. And the chances are you gave them permission to access your driving record, your credit rating, and your insurance information in the small print when you signed for financing.
2007-09-27 07:03:05 · answer #3 · answered by oklatom 7 · 1⤊ 0⤋