auto insurance coverage types
stolen car, without insurance, finance company Finanace money recovered?
not full coverage, the company was paying the funding car has any insurance company that covers lost if i we decided not to continue paying the remaining balance.
If there is no insurance to pay the company financing – then still owe money. If not paid – they will do a repo and sue paper. Read the loan documents. No where it says you get to stop paying for the car if its broken or stolen. If you are uninsured – the bank may have put "forced coverage" instead. This will protect the interest of banks in the car. Cross your fingers and home that's what happened here.
Understanding Auto Insurance Part 1
