What Kind Of Insurance Do I Need When Financing A Car?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    The type and amount of coverage that you need when financing a new vehicle will be at the discretion of the finance company/bank/lender providing you with the loan. At minimum the lender will more than likely require you to carry full coverage on the vehicle which will include collision and other than collision coverage.
    Answered on October 14, 2013
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