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If your car is stolen can the loan still continue and a new car be bought with the insurance money?
Wiki User
∙ 18y ago
The loan on the original car was secured by the title of the vehicle. When it was stolen, your insurance company should have paid the value of the vehicle first to the lender then any remaining money should go to the owner. If the owner is "upside-down" in the vehicle he/she will be required to pay off the remainder of the note at that time or make arrangements to pay it off. No, the loan cannot be applied to another vehicle. A new loan must be negotiated.
Wiki User
∙ 18y ago
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If a car you bought is found to be stolen should your insurance pay for it?
No, the seller is obligated to provide clean title. If the dealer has sold a stolen car, you should be able to get all of your money back.
Is money stolen from an ATM covered by home owners insurance?
No, Money stolen from your Financial Institution is covered by your Financial Institution
Can you get into trouble for accepting gifts bought with stolen money?
no . they wud because they stole the money.
What is the importance of insurance?
Often art is bought for a lot of money as an investment or a hedge against inflation, It is wise to insure these items in case they are stolen or damaged reducing or eliminating their cash value to the owners.
What is the importance of art insurance?
Often art is bought for a lot of money as an investment or a hedge against inflation, It is wise to insure these items in case they are stolen or damaged reducing or eliminating their cash value to the owners.
Is stolen money covered in renters insurance?
No, cash is not covered, same on homeowners policy, not covered.
What's vacation insurance and why do I need it?
Vacation insurance can be very helpful to people, especially if you are going on a longer vacation. This type of insurance will help you if something of yours get ruined on vacation, or if you lose your money or get your money stolen.
Can money stolen through ATM be claimed under travel insurance?
it depends on the agency where you have got the policy. Check it up in your insurance company.
If your car gets stolen and you have insurance do you get a new one?
if your car get stolen you should immediately call the police to search for it. And you don;t get a new but you might get money back.
Does home owners insurance cover money stolen from your house?
It will likely cover up to $200. Good Luck.
Do you get a check if you are financing the car when it was stolen?
You will still owe the money even if stolen. Your insurance carrier may give you a check for the difference of what you owe, minus the deductible and the fair market value. It never is equal to what the car was worth though. It is better to keep the car from being stolen. If you have bought the car from a car dealer they will be reimburse you however seek advice from your local citizens advice bureau. If the car was bought privately you will still be liable for the repayments however you should seek legal advice.
My car was stolen and the insurance company paid me but then the police recovered the car?
keep the money and find another car, or give back the money and get your recovered car.
