Can I get liability insurance only on a financed car in Georgia?
I just financed a car a year ago. While the insurance wasn't bad at first, it's suddenly gone up quite a bit. Can I drop full coverage on the vehicle and just get liability?
“You will likely not be able to drop full coverage (comprehensive and collision) on a financed car. This is because the car acts as collateral for the lender. Therefore, they will want to protect their asset with insurance.
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