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Advice needed: Insurance for the Leased car

simplylgg

New member
Nov 25, 2004
21
0
0
Hi guys,
I have a leased car (2003 Honda). About 6 months ago, I had to go to US for some business and stay there for 6 months. I changed my insurance coverege to what is called parking insurance. Honda finance has found about it recently and they are threatening me to reposses the car if I don't provide the full coverage for the car by tomorrow. I don't mind getting the insurance, but I am out of the country and it is hard to provide documentations needed by the insurance companies.
I will be back in Toronto next Friday, but these guys don't care and are not giving me some time to obtain the insurance. I even told them, I can sign any liability form or anything else they need. The car is not being driven and I am paying their money regularly, so what the heck is wrong with them?

Can someone give me some advice on what to do? I would really appreciate it.

Thanks guys in advance.
 

freakshow

Active member
Dec 20, 2002
2,039
1
38
Call any broker in the city.........they can do it all over the phone, pay buy credit card and get it over with, they dont need to meet you
 

Bobzilla

Buy-sexual
Oct 26, 2002
1,958
175
63
59
Unfortunately, since it's a leased car, it's their property. And they have to protect their property against loss. If you read your lease, it states that you have to have full insurance.

Your only option is to take freakshow's advice above.
 
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