Do I have to pay full coverage insurance for used car?

Asked by Mar 01, 2016 at 01:10 PM

Question type: Shopping & Pricing

If I buy a used car and make payments on it do I
realy have to pay full coverage insurance for it?

3 Answers


Yes, as long as there is a loan/lien on the car you have to carry comprehensive and collision.

1 of 1 people found this helpful.



The bank requires that their collateral be protected so yes, you do need to carry full coverage, often with limits on how high of a deductible you can have.

Your Answer

Add photo

Related Questions

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing


Search Shopping & Pricing Questions

Shopping & Pricing Experts

#1 Tom Demyan
Tom Demyan
Reputation 15,630
#2 F_O_R
Reputation 6,070
Reputation 5,610
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.