Changing car insurance from full coverage to liability on BMW lease, will BMW detect it?

Changing car insurance from full coverage to liability on BMW lease, will BMW detect it?

I just completed a lease assumption process on a BMW and they required full coverage (100/300) for my car insurance. Problem is, I have a few tickets on my record and also for some reason I require an SR22, so for full coverage insurance I am paying quite a lot. I would like to switch to liability only and just take the chance if something happens to the car (knowing I will have to pay for all damages), but I am not sure if BMW checks periodically whether or not I have the proper insurance coverage. Does anyone know if they check, and if the do check and find me with only liability, what would/could they do? Thanks in advance.

 

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Can my car insurance rate go UP if they pay for the medical bills of the other person in the car accident?

Ok so I was involved in a car accident November 10,12, I was at fault because I hit the car in the back, the guy just literally stopped and obviously even if you are right about saying that the other driver stopped too fast for you to stop,when you hit a car in the back (most of the time) you are at fault of the accident.Either way, my insurance paid for his damage ($2,000 worth) and I took my ticket to court,there I only paid for court fees but no points. Today, June 02,13 (almost 7 months after the accident) I get a letter from a lawyer( lawyer of the guy I hit in the previous accident) saying he is asking for a $10,000 on medical expenses,it says I should send the letter to my insurance company as soon as possible,which I will do tomorrow but my thing is, I don't want my insurance rate to increase, it already increased after the accident (was $130, now $170) so I'm just asking, will the insurance company approve paying for his medical expenses even if he is self-employed as a driver of big trucks (I guess he also lift heavy furniture in order to work) and has diabetes ( he was ketotic at the time of the accident,the guy is in his 60s)?? And if the insurance approves paying ( guessing he has all the medical papers in order) will my rate increase too? Again?? I have full cover in my car, and it also includes medical bills. I had to pay $1000 of deductible in order to fix my and his car so pretty much I don't want to loose more money is just horrible I am 21,full time student with full time job! Yes,is possible to do both things but honestly I don't think this is fair anymore, the guy wanted to leave at first and not only that he is sick (diabetes) and he was very rude at first but then the police ask him if he was ok and he said yes so I don't understan this... :(. Thank you!

 

 

Do car insurance quotes go up daily?

I am being quoted much more now than a fortnight ago

 

 

Car insurance problems?!?! Need help!!?

Basically my hubby took out insurance about 10 months ago with a new insurance company. He had 4 years no claims with his old company so informed the new company of this. The new insurance company have been taking out the payments every month from our bank however we have never had his insurance documents off them. When he contacted them the other day to query this they informed him that because the old insurance company will not supply them with no claims info they can not cover him. However all this time and even today they have taken their monthly payment. Surely they should not be taking payments for something they are saying they can not cover?? They have sent him a 30 day temp cover note for now while we try to sort it but it isnt looking good at the mo. My question is should they have cancelled the agreement before now then and ceased taking money from our account?

 

 

How can anyone afford private health insurance in USA?

I'm thinking about going into private business in the USA, but I'm concerned about how to insure myself with health insurance. The policies I'm seeing are extremely expensive, and the deductibles are quite high. How do people who start their own business manage?

 

 

My car insurance is to high! How can I lower it?

I'm 18 years old, I have been in no accidents. I have health insurance. My car is a buick 2002 century. I pay 400 and don't even have full coverage! I only work part time I don't have 400 dollars every month. Anything I can do?

 

 

How do you go about getting insurance for a car you don't own yet?

Say you don't have any insurance but you have to go pick up a car and drive it home...?

 

 

Driving without insurance in Illnois?

I am 21 yr old male & due to high rates of insurance i am not insured. Instead, my car is insured on my dad's name. I wanna know what are the consequences of driving without insurance in illinois. I heard the fact that it doesn't matter much if the driver of a car is not insured but the car should be insured on any other person's name rather than who is driving?

 

 

Why is health insurance cost rising?

Why is health insurance cost rising?

 

 

Would a Jaguar be a first car?

I want to know for my cousin who is 12. He really like the XJR from 1997-2003 .What does the insurance cost?

 

 

How much is a doctor visit without insurance?

My friend hasn't been feeling well for a few days now and needs to see a doctor. Does anyone know how much a doctor visit would be if she went to a walk in clinic? She doesn't have any insurance. By the way we live in Miami, Fl.

 

 

UK CAR INSURANCE QUESTON?

I've recently cancelled my car insurance and started a van insurance and used my no claims bonus from my car for the van, I've now decided that im best to keep the car and im wanting to insure it again, I got quotes without my no claims bonus and its stupid prices even though I said that I have the no claims on the van If I used the no claims on the car it brings it right down to a more sensible price Can I use my no claims bonus on two cars? If not can I tell my van insures that I want my insurance with 0 no claims and for them to amend my policy- ive only just took out the policy and am still in the process of sending off the no claims proof from the car Regards im advance

 

 

How does car insurance work?

So I am planning on asking my friend to borrow his car to drive when he's going to travel, but I do not have any insurance. Is it okay for me to drive? His car has insurance, but I do not have insurance under my name. Does that mean if I bump into something, I will get into trouble, even though the car has insurance?

 

 

If i'm 17 and in the military can i get a discount on car insurance?

My mom has PGC insurance and with me added to it its another $1000 ever 6 months. I'm in the U.S. army. is there a way i can get a discount on car insurance?

 

Changing car insurance from full coverage to liability on BMW lease, will BMW detect it?

I just completed a lease assumption process on a BMW and they required full coverage (100/300) for my car insurance. Problem is, I have a few tickets on my record and also for some reason I require an SR22, so for full coverage insurance I am paying quite a lot. I would like to switch to liability only and just take the chance if something happens to the car (knowing I will have to pay for all damages), but I am not sure if BMW checks periodically whether or not I have the proper insurance coverage. Does anyone know if they check, and if the do check and find me with only liability, what would/could they do? Thanks in advance.

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