IMPORTANT NOTICE REGARDING INSURANCE
ON YOUR VEHICLE:
Chapter 13, if you own an automobile that has a lien on it, YOU ARE
REQUIRED TO CARRY COMPREHENSIVE AND COLLISION INSURANCE COVERAGE on
that automobile until the lien has been paid in full.
If you currently have
Comprehensive and Collision insurance coverage on your automobile, it is
your responsibility to immediately provide your Trustee with proof of such
coverage, by providing the following information:
MUST PROVIDE YOUR TRUSTEE ALL INFORMATION REQUESTED BELOW!
1. Your name and case number
4. Name of Insurance company
2. Year, make and model of auto
5. Name of Agent
3. Date coverage is effective
6. Agentís office address & Phone
DO NOT CURRENTLY HAVE OTHER AUTO INSURANCE, insurance coverage will be
automatically placed on your auto beginning with the date you filed your
Chapter 13 petition. The charges for this insurance will be added to, and
paid by, your Chapter 13 case, which will cause your monthly plan payment
This insurance is Comprehensive and Collision only. It
is not Liability coverage, as required by the State of Arkansas to obtain
a license tag for your automobile.
OBTAIN OTHER INSURANCE COVERAGE on your vehicle at any time after the
filing of your Chapter 13 petition, you must immediately provide the
Trustee with proof of insurance for your automobile.
YOU FAIL TO PROVIDE PROOF OF INSURANCE COVERAGE ON YOUR AUTO by your
first scheduled 341(a) Meeting of Creditors hearing, Comprehensive and
Collision insurance will be automatically placed for you, and a new
payroll order will be entered increasing your chapter 13 plan payment by
the amount of the insurance premium(s).
YOU SHOULD MAIL YOUR PROOF OF COVERAGE TO:
Joyce Babin, Trustee
Attn: Auto Insurance Program
P.O. Box 8064
Little Rock, AR 72201-8064
If you do not have Comprehensive and
Collision coverage on your automobile and would like the Trustee to obtain
coverage for you, you should contact the local agent for Arch Insurance
Company, Priority Insurance Agency at (501) 244-2288 or
GENERAL INFORMATION REGARDING THE
CHAPTER 13 AUTO INSURANCE PROGRAM
All cases in which the debtor
has insurance coverage provided through the Chapter 13 Auto Insurance
Program, MUST RETAIN A MINIMUM BALANCE ON HAND of $100.00 in their Chapter
13 plan at all times.
The auto insurance coverage
provided to Debtors is for COMPREHENSIVE and COLLISION coverage only.
is not part of the policy. Liability insurance is required by the State
of Arkansas to obtain a license tag for your automobile. Our office
cannot assist you with obtaining this type of coverage.
under this policy covers glass damage; vandalism; hail damage; and damage
from other acts of nature.
under this policy covers YOUR automobile only. This policy will not
cover damages to another automobile or other property, if you are involved
in an accident.
under this policy are the same for everyone regardless of age, sex or
driving record. All rates are based on the make and model of the car and
are set based on the value of your automobile as set by the N.A.D.A.
Retail Cost Book.
under this policy are as follows:
Comprehensive $ 50.00
REFER ALL CALLS REGARDING INSURANCE TO:
Phone: (501) 244-2288
Toll Free: (866) 283-0585
Fax: (501) 244-9851