- 2007 Dodge Caliber
-Own and make payments
-2.0 4 Cylinder
Me:
-20 Years Old
-Male
-Live in Texas
2007-11-04 15:41:57 · 4 answers · asked by Dude 4 in Business & Finance ➔ Insurance
Minimum liability, collision, and comprehensive. Now, is that a good idea? Likely not. But you'll have to sit down with an agent to discuss what coverages meet YOUR needs, best.
2007-11-05 01:34:33 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
You'll be required by state law to carry liability insurance, to protect the other guy if you cause an accident.
Your lender will require you to carry collision and comprehensive insurance on your car, to protect the loan so if the car is wrecked, totalled or stolen, the money will be there to pay off the loan.
2007-11-04 15:47:51 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
the state requires you to carry liability insurance and the lender requires you to carry comprehensive and collision coverage. that equals full coverage. i would also recommend gap insurance since the car is probably not actually worth what you owe on it.
2007-11-05 00:51:24 · answer #3 · answered by Queen B 6 · 0⤊ 0⤋
If you are making payments you are probably required to have full coverage and not just liability. Ask your dealer what they require.
2007-11-04 15:49:55 · answer #4 · answered by lahockeyg 5 · 0⤊ 0⤋