Legal Question in Insurance Law in Georgia

Uninsured New Vehicle Lost In Hurricane Katrina

A new vehicle with lapsed insurance coverage was lost during Hurricane Katrina. The insurance company was notified of the lapsed coverage 28 days prior to the loss of the vehicle by the vehicle owner. Assuming that the lien holder purchased coverage on the vehicle, how much, if any, of the loan debt would be passed on to the vehicle owner?


Asked on 10/07/05, 1:21 pm

1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: Uninsured New Vehicle Lost In Hurricane Katrina

I'm not sure I understand your question, but generally, the owner is responsible for the car loan irregardless of the condition of the car or the insurance coverage.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.MacGregorLyon.com

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Answered on 10/07/05, 3:40 pm


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