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-   -   People From Cali, Chime In.. (https://www.nopistons.com/insert-bs-here-12/people-cali-chime-36460/)

sidewinderx7 03-30-2004 04:00 AM

so my friend in california says that any time you buy a car in california they can not require you to have full coverage insurance unless its a new year model. I dont think this is true, but since i dont live there i cant say for sure.



anyone want to set me straight here?



as far as i know any group that finances an auto requires full coverage insurance since the auto is still under the ownership of the dealership or bank.

sidewinderx7 03-30-2004 05:09 AM

coooome on.. :( someones gotta know!

TyresmokinRx7 03-30-2004 08:14 AM

I'm thinking that if the money is borrowed from a bank then they require for you to have Insurance, that way they get there money back if you ride off the car. Well at least that's what happens here.

j9fd3s 03-30-2004 10:17 AM

if you finance a car then you have to have full coverage. the bank doesnt want to loose their $$. if you buy the car cash, they dont care if you have insurance or not

Turbo II 03-30-2004 01:00 PM

yes if the car is being financed, u must have full coverage on the car at all times. if you pay the car in full, then u need at least liabilty to drive it off the lot

sidewinderx7 03-30-2004 02:33 PM

and this is true in california, correct. I know in washington its that way.

Srce 03-30-2004 02:35 PM

Same here.


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