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hey everyone -

Received a letter from the bank where I am financing my car and they are asking for updated insurance. I cancelled my regular insurance during the TLC process and added commercial liability plus a separate insurance for collision.

Since this wasn't a commercial auto loan, I just went to a regular dealership, is it going to raise a red flag when I send them the commercial insurance info? Are they likely to take back the loan even though I have full coverage?

Thanks.
You don't have much of a choice. Your bank will place their insurance on it if they don't think you have any and then you get charged their inflated rates.
 
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