Sentences with phrase «vehicle is worth less»

If your state allows you to waive this coverage and your vehicle is worth less than $ 3,000, comprehensive and collision coverage may not be a cost - effective choice — you'd likely end up spending more on premiums than you'd ever get back from filing a claim.

If your vehicle is worth less than the cost of the comprehensive insurance, it might be a smart idea to just have liability and medical coverage.

They are being told by insurance companies that Diminished Value does not exist or that Insurance companies do not pay diminished value and that the loss of thousands to tens of thousands of dollars due to their vehicle being worth less after an accident / repair is one of the costs of being a driver.

Not exact matches

Although less popular than their open - ended counterparts, these investment vehicles are worth a second look.

In its current form, the bill, which was sponsored by State Sen. and attorney general candidate Eric Schneiderman, included a provision that prevents collection agencies, including the city, from seizing vehicles worth $ 4,000 or less.

An analysis of 14 years worth of crash data involving Institute - rated vehicles shows that a driver of a vehicle rated good in the moderate overlap test is 46 percent less likely to die in a frontal crash, compared with a driver of a vehicle rated poor.

Thus consumers are returning midsize cars off - lease that are worth less than they were supposed to be, and lenders who leased those vehicles are having to eat the difference.

Used Alfa Romeos are worth less than a brand new vehicle.

BestRide is giving away a two - year lease on any vehicle worth $ 28k or less.

Redemption is a great option if your vehicle is worth significantly less than what you owe, you want to keep the vehicle, and you can come up with the necessary funds to pay the fair market value within a few weeks of your bankruptcy filing.

«You're tied into the vehicle for seven or eight years and it will be worth less than the balance of your loan for the first six years in most cases,» he said.

Although less popular than their open - ended counterparts, these investment vehicles are worth a second look.

In Personal Bankruptcy cases, most things you own — household furniture, clothing, RRSPs and one vehicle worth less than $ 6,600 — are not seized.

They are strict in their criteria, only allowing auto equity loans on free and clear vehicles less than 15 years old and worth at least $ 2,500.

While there is no hard - and - fast rule about how or when banks and finance companies refinance loans, they are much less likely to put up the money to buy out your original loan if your vehicle isn't worth at least as much as they are paying for it.

If you own your vehicle, under the Ontario Executions Act, you are permitted to keep one motor vehicle provided it is worth less than $ 6,600.

Bank of America said yesterday that it would provide as much as $ 600 million to prop up several Columbia Management funds, which bought large amounts of debt issued by structured investment vehicles, or SIVs, that is now worth less than it paid.

This is because a used car is generally worth less than a new car, which means if you fail to pay your monthly bill, the lender won't recover as much value from repossessing your vehicle.

If a car is worth less than $ 1,000, or less than 10 times the insurance premium, purchasing these coverages may not be cost effective — but you do need to have collision and comprehensive insurance to fully protect your vehicle from all types of damage.

The good news is, in Ontario if you own a vehicle, and it is worth five thousand six hundred and fifty dollars or less, you get to keep it.

If you owe more on your vehicle than it's worth or you put less than 20 % down when buying it, GAP insurance could make a major difference.

It is worth noting that a Tesla vehicle is over five times less likely to experience a fire than the average gasoline car and that there have been zero serious injuries or deaths for any reason ever, fire or otherwise, in a Model S. Over the course of more than 100 million miles driven in almost every possible terrain, weather and crash conditions, the Tesla Model S has consistently protected its driver and passengers, achieving the best safety track record of any car on the road.

The incidences that raised the son's suspicions were that he felt the business was sold for less than it was worth, the manner in which title to a home where his mother and former partner lived was held, and that other assets were sold off rather than kept (such as paintings and vehicles).

BC Injury Law Doing It Yourself — Suing For Accelerated Vehicle Depreciation In BC Small Claims Court As I've previously written, when a vehicle is involved in a crash and is then repaired it is generally worth less than it would be had it not been dVehicle Depreciation In BC Small Claims Court As I've previously written, when a vehicle is involved in a crash and is then repaired it is generally worth less than it would be had it not been dvehicle is involved in a crash and is then repaired it is generally worth less than it would be had it not been damaged.

A general guideline is to drop collision and comprehensive coverage on vehicles worth less than ten times the cost for that portion of your auto policy.

• The collision happened on June 1, 2016 or after that date • There are no injuries and there is less than $ 2,000 worth of damage per vehicle • None of the people involved submits an insurance claim for payment • As the driver at fault, you pay for all damages Disclaimer: this can apply to you as long as you only have one minor accident every three years.

As your vehicle ages, it depreciates and so is worth less.

When you owe more than your vehicle's worth, lenders are less likely to consider lowering your rate.

The fact is that their ten year old vehicle may be worth less than $ 1000.

If you drive an older vehicle, make sure that you're not over insuring the vehicle by paying costly comprehensive collision premiums on a vehicle that may be worth less than the amount of your annual insurance premium.

We typically do not recommend these coverages for vehicles that are worth less than a few thousand dollars.

If your car is worth $ 1,000 or less, you can lower your coverage and set aside what you'd be paying for extra insurance to ensure you can replace your vehicle if need be.

Use to transfer a vehicle owned by a deceased person to a surviving spouse or to a child or children under age 21, if the vehicle is worth $ 25,000 or less.

Use to transfer a vehicle at least ten model years old and worth less then $ 1250 from a property owner to a vehicle dismantler or itinerant vehicle collector when the vehicle has been abandoned for at least one month.

Use to transfer the vehicle of a deceased person when there is no will, estate, surviving spouse or surviving minor child, and the vehicle is worth $ 25,000 or less.

When the vehicle is availed under loan and if the worth of the vehicle is less than the loan amount, it is unfair to get into an auto insurance coverage at higher cost.

Total loss coverage might only be available for the first few years of a vehicle's life, since insurance companies won't replace bikes that are worth considerably less as they age.

However, if the worth of the vehicle itself is less than $ 1,000 then both these covers might prove to be useless.