1, credit loan, the beneficiary of the insurance is generally the owner, and the insurance is directly insured normally and enters the claim settlement procedure.

2. For mortgage loans, the beneficiary is generally a bank. If the owner negotiates with the insurance beneficiary, the bank will make a claim.

It is such a difficult problem for people who borrow money to buy a car. There is a problem with vehicle commercial insurance: as long as the car is not scrapped, the bank will not take the initiative to claim compensation, and there is no need to worry about repaying the loan. The beneficiary is not the owner of the car, so the insurance company can refuse to pay compensation, while the owner of the car has to repair it himself, pay the insurance premium and repay the loan, but the loss of the car can't come.

No, the insurance of the car bought with the loan is normal. It doesn't matter whether you borrow it or not. If the insured eats the car, then if there is something wrong with the car, the insurance will settle the claim according to the normal procedure. It's another matter that you haven't paid off the loan yet.

Your car, just find insurance and make a normal claim. No problem.