When your car is about to get repossessed do you still need to have car insurance on it or can you just take the vehicle off of your insurance policy?

1 answer

Answer

1015034

2026-02-26 01:31

+ Follow

Daleann, take the car to the lender, get a reciept for the car, then drop the ins. IF it got stolen while in your possession(before repo) your LOSS would be much greater without ins. aS LONG AS THE CAR IS STILL IN YOUR POSSESSION, KEEP THE INSURANCE. ONCE THE CAR IS GONE, DROP THE INSURANCE. iT WILL BE DONE AS SOON AS YOU HANG UP WITH YOUR INSURANCE CARRIER.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.