2007-11-03 05:46:11 · 3 answers · asked by jennifer m 1 in Cars & Transportation ➔ Insurance & Registration
Yes, depending on what the contract says, but in most cases, because the vehicle is still under contract, meaning-you have a loan, and the bank or financial institution actually owns the vehicle you don't, until you pay off the loan with that bank or financial institution, they are not protected,for the value of the vehicle in the event it's involved in an accident or stolen, therefore, they may repo the vehicle in order to protect their investment or property, if you call them and explain your situation, they'll be more than happy to assist you in getting reasonalble coverage--------problem solved GOOD LUCK
2007-11-05 06:36:21 · answer #1 · answered by NYG 5 · 0⤊ 0⤋
Probably. Insurance is part of the contract you signed. If you can't afford insurance, you could not afford to pay in case of an accident.
2007-11-03 05:55:01 · answer #2 · answered by sensible_man 7 · 1⤊ 0⤋
I dont know but, living in texas might be your first mistake..
2007-11-03 07:49:45 · answer #3 · answered by zojem30 1 · 0⤊ 1⤋