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What is the difference in insurance if my vehicle is financed?

April 26, 2017financed Insurance vehicle

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What is the difference in insurance if my vehicle is financed?

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There is no difference in insurance rates, if the vehicle is financed or not. The only difference may be that if the vehicle is financed, the finance company may want you to carry full coverage, that means that you must have collision and comprehensive coverages on your policy.