This is the term used for insurance while a vehicle is in tow, or on the hook.
Yes.
Captive insurance can be obtained from a number of insurance and management companies. Active Captive Management, The HDH Group, Montera Management, and Red Hook Risk Services all sell captive insurance policies.
Yes, if you still need the info, contact me and I will hook you up. 4LifeGuild
Contact an agent in your area they will assist you in deciding what you should have, but most certainly coverage for the towing vehicle it's self, 'hook' insurance, and large liability limit.
Your Not covered for anything at all. If the auto insurance is inactive, then so is the GAP coverage. "GAP Insurance" is Not "Auto Insurance", it is Finance Company Insurance. it will only pay the difference after your required Auto Insurance policy has paid it's maximum limits. If your auto insurance lapsed, then your GAP insurance has also lapsed automatically and concurrently. The GAP Insurance is Void in the absense of an auto insurance policy. Your on the hook for all monies owed to all parties involved with your finance note. Take Care
No, BUT the person driving it does and if they fail to do so and the car is totaled then you will both be on the hook to pay off the loan...so its something to think about
Yes. He's not going to drive your car. He's going to hook a wrecker (tow truck) to it and tow it to a holding lot.
http://articles.latimes.com/2007/oct/28/realestate/re-qa28 This article says: The lender is on the hook. When people are making their monthly mortgage payments, very often the insurance premium is wrapped into that payment. But when the homeowner stops making payments, those insurance premiums aren't being paid. When a property goes into foreclosure, the lender or bank is notified that those insurance payments become their responsibility. Question: So, at what point is the lender on the hook in the foreclosure process? Answer: It depends on the situation and when the lender is given a notice, but generally the lender has time to arrange insurance. It is possible some lenders weren't covered, but it's unlikely.
If the vehicle is not properly registered the insurance company is not liable. Unless at the time the "temporary tag" was valid. I used to work as an attorney for Liberty Mutual. In California, whether or not a car is currently registered is not relevant to the insurance coverage. The insurance company is still on the hook, even if the registration has expired at some point after the insurance company issued its policy.
Hook is a verb (to hook) and a noun (a hook).
An Aberdeen hook is a J-shaped hook as used in fishing.
what is meaning of hook