By way of credit to buy a car is usually already included with insurance. So the loss of a vehicle or damage can be borne by the insurance company.
How about over-credits that people often do? The second hand must continue the remaining credits from the first-hand car owner who still credits his car. Many people who do not understand related car insurance when the car is in over credit. As a result, when an accident or loss occurs, the insurance can not bear it. In the event of an accident with the second-hand owner, the insurance can not be claimed. this is because those who over credit do not report on insurance, insurance is still on behalf of the first-hand owner.
In the event of an accident, the second buyer must bear all the risks involved. For that, pay attention to the process of over credit. If you want to over credit car, in addition to reporting to leasing, report also to the insurance. Most people just report to leasing only, not to insurance.
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