Anonymous
Post 04/01/2024 09:23     Subject: Release of lien / car insurance
No impact on car insurance, but let insurance company know that your car is paid for. They will remove the L
lien holder from your policy. In the event your car is totaled, the $$ would come to you vs the lender.
Anonymous
Post 04/01/2024 09:18     Subject: Release of lien / car insurance
Why would having a loan impact car insurance?
Anonymous
Post 04/01/2024 09:18     Subject: Release of lien / car insurance
No
Anonymous
Post 04/01/2024 09:17     Subject: Re:Release of lien / car insurance
Anonymous wrote:Paying it off did not but buying the car outright the next time did.


How do you know? Is it listed on the rate document?
Anonymous
Post 04/01/2024 09:16     Subject: Release of lien / car insurance
The government still thinks my lender has a lien even though I paid it off years ago.
Anonymous
Post 04/01/2024 08:08     Subject: Re:Release of lien / car insurance
Paying it off did not but buying the car outright the next time did.
Anonymous
Post 03/31/2024 23:04     Subject: Release of lien / car insurance
No change whatsoever.
Anonymous
Post 03/31/2024 15:53     Subject: Re:Release of lien / car insurance
No impact at all.
Anonymous
Post 03/31/2024 15:18     Subject: Release of lien / car insurance
Did paying off your car loan impact your car insurance rate for the better?