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regarding car insurance and finance companys

Posted in Attendee Insurance | August 24th, 2011

Question by LishaMarie: regarding car insurance and finance companys
Me and my friend were wondering if you get in a minor car wreck and you have to report it to your insurance company do they call your finance company to notify them?

Best answer:

Answer by la428282
Well we wont call your finance company HOWEVER the check we write for damages must have your name as well as their name- so you will have to contact them.

Furthermore, they likely have access to the same system insurance companies have that allow you to see all the accidents a particular person/vehicle have been involved in

Know better? Leave your own answer in the comments!

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One Response to “regarding car insurance and finance companys”

  1. Michelle L says:
    August 24, 2011 at 11:16 am

    I don’t think that the insurance company will need to notify the finance company if you just have a small wreck. The finance company just needs to know that you actually have full coverage auto insurance at all times during your loan period.