Call Us Today 1-940-683-4008

Loss Payee/ Lien Holder

Full Coverage
June 7, 2017
Occurence Coverage
June 7, 2017
« Back to Glossary Index

A person or entity with a legally secured insurable interest in another’s property, usually a financial institution that loaned money for a car. The car is the loan collateral. If the auto is damaged in an accident, loss payments will be made to you and to the loss payee on your policy.

« Back to Glossary Index