Car insurance question

Post by **bitWISE** » Mon Sep 26, 2005 8:45 pm

Ok, so you know how when you finance a car you have to provide your bank with proof that you have comp/coll coverage?

What if you were looking to change insurance companies and you just happened to 'forget' to get full coverage again? How the hell would they find out?

Post by **Nightshade** » Mon Sep 26, 2005 8:45 pm

They...have ways.

Post by **Giraffe }{unter** » Mon Sep 26, 2005 8:48 pm

They are in contact with your insurance company.

Some changes were made to my policy shortly after I leased the 350Z. I made a error in my uninsured driver coverages. Within a few days my lease company contacted me via mail and told me I had 14 days to adjust my policy to their terms.

Lease company was Wells Fargo. Not sure about the others, but I'm sure they keep on top of these things, insurance scamming is pretty popular since it costs so god damn much...

Post by **R00k** » Mon Sep 26, 2005 9:07 pm

Your insurance company would probably tell the financer, if they knew you still owed on the car. The insurance company wants the money too.

Post by **bitWISE** » Mon Sep 26, 2005 9:07 pm

Fuck.

I moved from a small city to a suburb of Columbus and my insurance went up $90 a month. It basically negated my gas savings...

Post by **R00k** » Mon Sep 26, 2005 9:07 pm

Damn, that's ridiculous.

!

Post by **Tsakali_** » Mon Sep 26, 2005 9:21 pm

Giraffe }{unter wrote:They are in contact with your insurance company.

Some changes were made to my policy shortly after I leased the 350Z. I made a error in my uninsured driver coverages. Within a few days my lease company contacted me via mail and told me I had 14 days to adjust my policy to their terms.

Lease company was Wells Fargo. Not sure about the others, but I'm sure they keep on top of these things, insurance scamming is pretty popular since it costs so god damn much...

heh in other words pownt

Post by **Giraffe }{unter** » Mon Sep 26, 2005 9:22 pm

I went from a 350Z to a XG350 and I now save $145 a mont on insurance and $150 a month on gas

Post by **Giraffe }{unter** » Mon Sep 26, 2005 9:24 pm

Tsakali_ wrote:
Giraffe }{unter wrote:They are in contact with your insurance company.

Some changes were made to my policy shortly after I leased the 350Z. I made a error in my uninsured driver coverages. Within a few days my lease company contacted me via mail and told me I had 14 days to adjust my policy to their terms.

Lease company was Wells Fargo. Not sure about the others, but I'm sure they keep on top of these things, insurance scamming is pretty popular since it costs so god damn much...
heh in other words pownt

nah it was an error on my part I have too many cars and there were too many friggin boxes to check off and I ticked the wrong one. I try and stay leagal when it comes to my vehicles.

Post by **chris** » Mon Sep 26, 2005 9:29 pm

My finance company weren't in contact with my insurance co, they just wanted a faxed copy of the cover note to prove i was fully comp!