Submitted by octotron3000 t3_10p3dhx in personalfinance
Ok_Engineer_9983 t1_j6jxyq3 wrote
Reply to comment by octotron3000 in I have a financed car and less than 30 days before navy basic training. by octotron3000
Oh yeah. He kept it for probably 6 years. Once you get through boot and your advanced training you'll have its of time unless you're deployed. Just keep some sort of insurance coverage forever. If you ever stop it all together you'll come back as high risk and it is ridiculously high.
octotron3000 OP t1_j6kltc7 wrote
How long am I required to have full coverage, is that something that would have been worked out with the dealership and the loan company?
Ok_Engineer_9983 t1_j6lczwn wrote
No you'll be required to keep full coverage as long as you have a lien on the title. (until your loan is paid)
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