Services
Insurance
Repairs
Advice
About

Do I still have to pay if I have a car loan and the engine gives out?

I was driving my vehicle that I financed when all of the sudden, the engine just blew up. Do I still have to pay for the car loan?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If your engine blows up on a financed car, you’re still on the hook for the payment. Unfortunately, your
car insurance
won’t pay for the damages either, as even full-coverage policies won’t cover this.
In the future, you may want to consider getting an extended warranty that will cover a blown engine, especially if you don’t have the money to pay for the repairs out of pocket.”
View full answer 
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings