Tuesday, October 13, 2009

Does anyone know of any auto loan companies that don't require collision insurance?

The bank of MoM and DaD



Does anyone know of any auto loan companies that don't require collision insurance?

No, from my experience they all want you to have collision to protect their property...it's theirs until you make that final payment.



Does anyone know of any auto loan companies that don't require collision insurance?

you can try just getting an unsecured personal loan to pay for your car rather than a standard auto loan, this way there is no relation between the loan and the car.



Does anyone know of any auto loan companies that don't require collision insurance?

They want insurance to protect their property. If you lent somone 10K would you want them to have insurance to protect your collateral? You won't find one I promise



Does anyone know of any auto loan companies that don't require collision insurance?

You are asking someone to loan you money to buy a car. The security for the loan is the car itself. Any lender will demand that their interest be protected by insurance, and most will specify minimum coverage and deductibles.

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