We made the decision to only require Alabama Minimum Liability coverage which is $40-50/month at the most.
Full coverage is not affordable for most of our clients, but state minimum is. Dave Dougherty Family Services Center ----- Original Message ----- From: "Shannon Marchman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, November 21, 2003 7:54 AM Subject: [WTW] Borrower's Car Insurance > Good Morning Everyone! > Here in Wilmington I am beginning to accept our first applications and > holding orientations. One of the number one concerns from our potential > borrower's is the issue of car insurance. Many of them are stating that they > have inquired about car insurance rates and do not feel that given the costs > associated with the insurance that they will be able to budget for the loan > etc. > > I have two questions: > 1) Does anyone have a program that has been able to establish or develop a > relationship with any insurance companies? > > 2) Has the cost of car insurance hindered your ability to establish loans? > > 3) Are there any insurance companies in particular that have been utilized > by your borrower's? > > Thanks > > Shannon Marchman > Director,Ways to Work Program > Nehemiah Gateway CDC > 201 W.23rd Street > Wilmington, DE 19802 > (302)655-0803 Ext.13 > (302)655-8372 Fax > >
