What happen when item that have a secure loan against them burn up in a house fire?

Answers:2   |   LastUpdateAt:2012-10-19 21:58:02  

Question
divine
Asked at 2012-09-07 06:56:03
My granddaughter went to a loan company and borrod against his lawnmower, and then burned the barn with lawm mower is covered by insurance or loan company is its
Answer1CecilAnswered at 2012-09-09 09:14:02
That will be your homeowners insurance or renters .
Answer2IahAnswered at 2012-10-19 21:56:41
His is - and if the lender finds out, may be able to call the loan.
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