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Truck was repossessed. His financial institution is claiming he didn't have insurance for a period of time which is false.

1 Answers. Asked on Aug 16th, 2017 on Insurance - Florida
More details to this question:
GTE financial put additional insurance on the truck, did not notify us until they claimed he was 3 months past due. He has paid every payment. He got a DUI so his insurance dropped him and he had to get a short term insurance coverage plan for 2-3 months and then move forward with SR-44. We faxed over all declaration pages that were needed to prove he always had insurance. We were not notified of any issues, we were told after sending dec pages in that everything was fine. We have all documentation showing he has paid $300 a month and all insurance dec pages to prove the timeline of his insurance. We cannot even get the truck out off the lot. We called GTE and they have not returned our phone calls.
Answers Showing 1 out of 1
Answered on Aug 17th, 2017 at 6:09 AM

There is something missing here as it makes little sense that a lender repossess a vehicle or obtain forced coverage when there was no lapse in coverage and any change in converage was timely provided to them. You probably need to hire a lawyer at this point, at some expense, to address this and do so immediately. 

All responses are NOT to be considered legal advice nor to be relied upon in any as such nor to establish any form of attorney/client relationship. Opinions expressed are solely informational and not a substitute for proper legal advice provided by a properly retained after thoroughly researching the issues presented.

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Insurance enables people and companies to reduce the risk of suffering a catastrophic financial loss. Insurance attorneys offer a variety of services to both individuals and small businesses. For example, paying a small health insurance premium protects you in the event you are in an accident or diagnosed with a health condition that requires expensive treatment. Individual consumers may commonly purchase health insurance, automobile insurance, homeowner's insurance and/or renter's insurance. Businesses need a variety of policies to protect both their property and the company in the event of a lawsuit. Your insurance lawyer can review your existing policies and advise you on additional policies or coverage that may be necessary to protect you or your company from potential risks. Insurance law firms can also help you challenge insurance claims that have been denied in "bad faith," or in violation of the terms and conditions of the policy. And insurance lawyers can represent you if you are sued for something that is covered by an existing insurance policy.
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