answersLogoWhite

0


Best Answer

A loss payee has to be added to an insurance policy when one uses collateral, such as a house or car. The payee is required to provide collateral and agree to carry insurance on the secured property.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is Bank of America auto loan loss payee clause?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the loss payee clause for PNC Bank?

A loss payee clause is a statement. This is added onto your auto finance loan to cover interests with the bank.


What is the loss payee clause for PNC banks auto loans?

PNC Bank 2730 Liberty Ave, Pittsburg, PA 15222


What is the loss payee address for bank of the west auto loans?

Bank of the west po box 5755 cincinnati, oh 45201


What is the lien holder address for bank of america auto loans?

what is the address for bank of america auto lender lien holder


Loss payee clause for citizens auto finance?

After holding for 15 minutes and being transferred to three different departments, I was told the loss payee should read: RBS Citizens NA 1 Citizens Drive Riverside, RI 02915 Hope this helps!


Where can one find more information about Bank of America auto loans?

You can find information about Bank of America auto loans at the Bank of America website. Once on the page, hover over "Borrow" in the top navigation menu and click on "Auto Loans" to bring up the information.


How do you remove a loss payable from auto insurance?

If your lien holder has changed or you have paid off your car. Just notify your insurer, you can send or fax them your payoff notice and they can remove the loss payee clause for you.


What is the payment address for Bank of America auto loans?

Bank of America auto loan payments may be mailed to the following address: Bank of America P.O. Box 15220 Wilmington, DE 19886-5220 Be sure to put the loan number on your check.


What banks offer auto loans for used cars?

Most banks that offer loans offer auto loans as an option. Some banks that offer auto loans include US Bank, Bank of America, Nationwide Bank, and PNC bank.


What is Bank of America auto loan overnight address?

The overnight auto loan address is: Bank of America FL9-600-02-26 9000 Southside Blvd. Building 600 Jacksonville, FL 32256.


If you are behind on an auto loan can the bank take money out of your checking account to pay the loan?

Read your loan agreement....it probably has a clause specifying they can.


What kind loans does Bank of America offer?

Bank of America gives many types of loans. They give home loans, auto loans, school loans, and refinance loans. These loans are offered online at the official Bank of America website.