Can your loan be in default if you are making payments on time but have failed to insure the vehicle or provide information company?

Yes, your loan can be in default if you are making payments on time but have failed to insure the vehicle or provide information to the company.

Typically, when you take out a loan to purchase a vehicle, you are required to obtain insurance for the vehicle and provide proof of insurance to the lender. Failure to do so can constitute a breach of the loan agreement and put your loan in default.

Additionally, some loan agreements may require you to provide certain information to the lender, such as changes in your address or employment status. Failure to provide this information can also result in default.