09-04-2019, 11:33 AM
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#1 (permalink)
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A True Z Fanatic
Join Date: Mar 2011
Location: Austin, TX
Age: 45
Posts: 36,450
Drives: 11 Z34, 98 E36 M3
Rep Power: 2684442
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Quote:
Originally Posted by vtec to vvel
if you financed your car, most lenders, if not all, require full coverage at all times until paid off. In the event of non-coverage, the lenders could deem you as being in default and could demand payment of full balance at once.
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I agree. Your insurance company could put you in a serious bind if the lender decides to take action.
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