ive had my lancer for about a year now im financing it and i havent missed a payment but as of 2 months ago to this date i dont have any insurance on my car cause that **** is like 6 g's a year and i got backed up with some stuff now its cancelled but im worried the dealership hasnt said anything to me, im gonna get insurance under my mothers name cause she has a dollar a day insurance but why hasnt the dealership said anything to me?

 

insurance companies don't report to lein holders.
they don't know you are driving without insurance.

 

If the lienholder is (was) listed on the policy then the lienholder knows it was cancelled. It just takes a little time for them to process everything through their system. If you haven't yet you will likely get a letter at some point in time stating that your lienholder has covered your vehicle (not you, just the car) with their own insurance and will be sending you a nice fat bill.

 

Yeah, just wait till you get a payment request for the remaining balance. That'll be cute.

If there is a lienholder on your car, you're required to have the amount of insurance coverage that they stipulate, usually full coverage. If your insurance does not meet their requirements: big fat bill. Better get on that. Besides that, if you're driving without insurance and you get into an accident 1. You're going to run. (in which case I hope you die a slow, painful death) or 2. You're going to get sued. or 3. Both! Don't be stupid, pick up your insurance so you don't get yourself ****ed in the ***.

 

the leinholder is the bank?

 

The lienholder is whoever financed the car. Be it Mitsubishi Motor Credit or an independent bank. They have a lien on the car, meaning they essentially "own" it until you finish buying it from them.

 

For example, my leinholder would be Charter One Auto Finance. Not - but it all depends on the financing you got.

For christ sakes, just get Safe Auto, OK? They keep you legal for less!

 

lalala...1-800 safe auto, play it safe. safe auto!!!...lalala

...oh god