Question: Car loans and insurance?
Okay, I recently took out a loan for a car, and I got liability only on the car. The bank just contacted me saying they need proof of insurance. When I take it in, and they realize that it is liability insurance only, what will they do? Because, I heard you need premium insurance when you buy a car with a loan. So am I gonna have to go premium or what will happen? I have a 1990 Nisasn 240sx. My bank is Great Plains Federal Credit Union. My insurance is American Family Insurance.
BEST ANSWER: Try this site where you can compare quotes from different companies: INSUREINFO.US