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Car insurance question
Posted: Mon Sep 26, 2005 8:45 pm
by bitWISE
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?
Posted: Mon Sep 26, 2005 8:45 pm
by Nightshade
They...have ways.
Posted: Mon Sep 26, 2005 8:48 pm
by Giraffe }{unter
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...
Posted: Mon Sep 26, 2005 9:07 pm
by R00k
Your insurance company would probably tell the financer, if they knew you still owed on the car. The insurance company wants the money too.
Posted: Mon Sep 26, 2005 9:07 pm
by bitWISE
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...
Posted: Mon Sep 26, 2005 9:07 pm
by R00k
Damn, that's ridiculous.
!
Posted: Mon Sep 26, 2005 9:21 pm
by Tsakali_
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
Posted: Mon Sep 26, 2005 9:22 pm
by Giraffe }{unter
I went from a 350Z to a XG350 and I now save $145 a mont on insurance and $150 a month on gas
Posted: Mon Sep 26, 2005 9:24 pm
by Giraffe }{unter
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.
Posted: Mon Sep 26, 2005 9:29 pm
by chris
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!