Comments on: Does a Bank of America auto loan require full coverage insurance on the car?

By: bbt91945

bbt91945 — Thu, 08 Apr 2010 00:57:01 +0000

Every bank or credit union requires that you have full coverage insurance for the car until it is paid in full. If the bank or credit union finds our and you can’t provide you have coverage they will provide one for you and the cost added to your loan. You don’t want the bank to do this, because the cost will be higher than you can get from the insurance company.

By: xx_satanic_mechanic_xx

xx_satanic_mechanic_xx — Thu, 08 Apr 2010 00:07:07 +0000

All banks that i know of require proof of full coverage insurance when they finance a car

By: Sonny

Sonny — Wed, 07 Apr 2010 23:44:42 +0000

you will need full coverage. dealing with bank of america you might want to get insurance on your loan

By: Uncle Jed

Uncle Jed — Wed, 07 Apr 2010 23:29:21 +0000

Yes you need full coverage until loan is paid off………………md