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d2jsp Forums > Off-Topic > Sports Coliseum > Motor Sports & Cars > Is It Required To Have Full Coverage > When Financing A Used Car?
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#11
Dec 9 2012 01:07pm
Quote (triple91187 @ Dec 9 2012 01:05pm)
no you do not.i had a 99 camaro only had min on it. they cant make you get full theirs no law saying you must have full only have min


theres no law, but any smart lender is going to require it so if you fuck it up they can get something for it.
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#12
Dec 9 2012 06:28pm
Quote (triple91187 @ 9 Dec 2012 13:05)
no you do not.i had a 99 camaro only had min on it. they cant make you get full theirs no law saying you must have full only have min


False.

It depends on where you live, many places it is law to have full coverage on financed vehicles.

Also many lenders have it has a requirement for the financing if the car is the collateral for the loan.

This post was edited by Bruin on Dec 9 2012 06:30pm
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