Fifth Third Bank Repossessed my car Cincinnati Ohio

First to clarify a comment the other poster made is incorrect about insurance.

The additional payment from the bank might have been the "penalty" of not having the coverage, not the additional payment for the coverage. They do NOT have the right to sign an additional insurance paper for you nor do they want to do extra due deligent for you (get the car fully covered)
- That is incorrect.  The finance company has the right to add what is known as "Forced Placed" insurance on any "underinsured" asset. It is only insurance that covers the shortage and THEIR liability.  It is often 2-3 times the price of any regular insurance a consumer could get on their own.  

So now onto your issue. The other poster was correct in saying that it isn't the bank's responsibility to act like your parents to remind you of what you need to do.  As an adult who signged a legally binding contract it was your repsonsibility to make sure you had the required coverage.  If you say you didn't know or thought you did, in the end it doesn't matter.

This is because they didn't reposess the car because of 2+ years of you having the incorrect coverage. They reposessed your car for failing to get coverage once you were notified, and on top of that failing to pay the required "Forced Placed" insurance they added to your bill after you failed to get additional coverage.  

While when you say they didn't "Work with you", you are actually saying "They didn't let me do what I wanted".  So as for "working with you", they did to a point, as it took them about 6 months to actually reposess the car.  They could have done it as soon as they discovered the issue.  

The fact that you couldn't afford it, or just let it slide for other issues is again not the problem of the bank. They are not a charity and they are not your friend. They are a business who is requiring you to hold up your end of a legally binding agreement you signed.  If you can't afford the insurance and car payment then perhaps it goes back to you purchasing a car you really couldn't afford in the first place.

A rip off would be that you were doing everything right, but they still repossess your car. However, you did things wrong from the start, and you didn't fix the problem but let it go on for a very long time. As a result, they don't want to work with you anymore because they had given you a lot of time to try to fix the issue. Please do not blame others when the problem was started by you; besides, you could have fixed it a long time ago.

You didn't have your car fully covered. It does not matter whether you know or remember about it. The contract stated that you must have a fully covered insurance, period. The creditor may trust you that you have it, so the creditor may not ask you. Furthermore, it is not an obligation for the creditor to remind you what was written in the contract because you should have a copied yourself. In your case, once the creditor found out about it, the creditor asked you to fix the issue. You, however, said it yourself that you were sidetracked and let thing go.

The additional payment from the bank might have been the "penalty" of not having the coverage, not the additional payment for the coverage. They do NOT have the right to sign an additional insurance paper for you nor do they want to do extra due deligent for you (get the car fully covered). As a result, the bank charged you for the penalty for months.

From May to December is a very long time to get things done. I hope you have learned your lesson and no more excuses.

If the financial agreement states that you agree to carry full insurance coverage then you have no recourse for the repossession.

“I'm pissed at them for letting me think for 2 years that I did not have full coverage.”

That’s an interesting comment. You just stated that you thought you did not have full coverage for two years.