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Legal Ease
Legal Ease, Lawyer
Category: Canada Law
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Experience:  Lawyer
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CAN AN AUTO LOAN BANK ADD INSURANCE ON A CONTACT

Customer Question

CAN AN AUTO LOAN BANK ADD INSURANCE ON A CONTACT
Submitted: 10 months ago.
Category: Canada Law
Expert:  Legal Ease replied 10 months ago.
They can if you both agree but they cannot do this without your consent. Does that answer your question? If not let me know what more information you need and it may be that I will need to hear about that facts.
Customer: replied 10 months ago.
I want to park the car but they say I have to have the min because it is finance
Can they come after me in any way??
Expert:  Legal Ease replied 10 months ago.
Yes they can. When you agreed to the financing agreement you also agreed to have the car insured. Having the car insured protects them as well as you.So they can say you are in default of your agreement if you do not insure the car.

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