Finance Questions

Question: Car insurance and finance question?

I bought my car on finance a month ago and had to have Fully Comprehensive insurance for it. It is very expensive - if I were to drop to third party F&F, would they find out?

Answer: As a licensed Insurance agent and service for a mayor insurance company in the nation I can tell you that lien holders (banks) call insurance companies all the time to verify insurance. If comprehensive and collision are not part of the coverages they can force insurance to you. And believe me; is a lot more expensive. (We are talking 0,000's) And off course other consecuences that may bring to you.

Finance and Insurance Department in Dealership. Jack...