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Originally Posted by 11Thumper Because? Because if you have a good insurance company they willl take care of you, they know the coverage for a financed vehicle. Just one example:
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10-13-2011, 07:56 AM
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#17 (permalink) | |
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A True Z Fanatic
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Quote:
Just one example: I went overseas for 2 yrs, I had a car that still had a lienhold with a FCU. The car was going to be parked and garaged. My insurance company would not let me drop coverage or increase my deductible without the FCU authorization because they knew that a financed vehicle need to meet certain requirements for coverage. Also anytime that I have changed deductible the insurance has notified the FCU and the FCU has sent me a letter if it doesn't meet the requirements. That is having a good Insurance company!
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