Sentences with phrase «lien holders typically»

These are optional as far as the state is concerned, but auto lien holders typically require them to protect their financial stake in a vehicle until it is paid off or (in the case of a lease) returned to the dealership.

Lien holders typically require those who buy or lease cars from them to sign written statements pledging that they will maintain these areas of coverage as long as they still owe money on the vehicle.

Getting automobile insurance rate quotes on leased or financed vehicles makes sense, for example, since lien holders typically require these modes of coverage while you are working to pay off any outstanding financial obligations.

Not exact matches

Of course, this result was in harmony with common practice among plaintiffs and medical lien holders; plaintiff's counsel typically requested and received reductions in the liens of insurers and hospitals.

Thus it is very important not to have any lapses in coverage, especially while you are working on paying off a car, because the policies typically chosen by these lien holders are very typically a lot more expensive than the prevailing market rates.

Not only are these types of motorcycles more costly to replace, but typically the owner has a loan on the bike and the lien holder requires more extensive coverage than a motorcycle that is paid off.