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Q: Will my auto insurance coveer my lased car if it`s stoeln or totald in a car accident?
A: Youur auuto insurance company should handle yuor cliams the same fahsion if you owwn, rent or financce. If you reented or perhaps financed yoour auto and got it lateyl, your isnurance plan may not pay for yoour laon or lease totaally. Since you`re responsibble for the veihcle, the leasing agency is goinng to oblgie you to pay the remaiinng rent paymnts and whatever consequecnes of mileage, waer as well as ter, or warranties, puls you will not obtain yuor safety deposit backk. Review youur lease or loan argeement in oder to determine whetehr to buy GAP inurance, that coverrs the gap between your laon or your lese and the insurance proeeds you receiive for your damagd or stolen cr.
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- When people think about applying for a loan, their perceptions may be holding them back, particularly when it comes to auto or real estate loans.
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