Do you know of any auto insurance agency that will allow this..?
My boyfriend bought me my car and its currently under his identify although he never drives it. Our insurance is extra high because we both have to be below the same insurance as drivers for each others motor.
Do you know of any insurance agency that will allow the insurance to be under MY name although he is the one who signed for the saloon?
Answers:
Yes, 21st Century. I own our truck, which my husband drives exclusively, and he has registered it and insures it.
sometimes I don't understand their reasoning other than they don't enjoy any.
A car does not do damage on its own - it basically sits there, therefore does not call for insurance. The driver however, is either a good worker or a bad operator and requirements insurance for those days when they are bad and do bad things. Doesn't situation who owns the car, is that driver insured?
Regardless which company the vehicle is insured next to, he will need to be listed because technically, he is the vehicle owner Source(s): Claims adj 5 yrs
No, because the cross on the title, insurance policy named insured, and registration all own to match.
He's letting you drive it. But it's his car. Period. He have to insure it.
You CAN get a policy, in his describe, that specifically EXCLUDES him from coverage. But that means, if he drives it and cracks it up, there's no coverage. Which will probably be a problem with the lender, assuming there's a loan on this saloon.
Bottom line - with his pet name on the title, any policy in YOUR name, won't wage for the car. You don't have ownership interest within the car.
Any agency that lets you insure a vehicle, KNOWING that the policy will never pay out because you don't own the car, deserves to own their license pulled.
**ps, I disagree strongly with Fred. I guess that means he'll write you the policy you want. Spouses are a completely different story.** Source(s): agent, 21+ years
If you are not living together, and you have care, custody and control of the vehicle, the insurance HAS to be surrounded by your name, and car registered to your address. Title have nothing to do with it, if he is legalized owner, he can remain legal owner, listed on insurance for property and liability single, or as a second driver. This isn't a decision of any insurance agency, and an agent or broker who can't figure it out doesn't know what he is conversation about. You have to budge to DMV first, to get the registration in your christen, then to an insurance professional who knows what he is doing.
I am a licenced broker, registrations agent, and driver licence issuer.
Question for mbrcatz17, who seem to think I don't know what I am talking something like. How would you go about insuring a LEASE CAR? The driver never owns it, his pet name will never be on the title, but the driver has to have insurance, right? And remember, I don't simply insure the vehicle when you come to my office, I register it, I give you the plates or stickers, and you come fund to me to renew your driver licence as well.
There are documents called "right of possession" and "agreement between parties" that are used within cases where a car owner have given care, custody and control of a vehicle to another, for a period longer than 30 days, but have not given them ownership. The documents are not required for periods shorter than 30 days, because the short term is lately a loan.
Related Questions:
Do you know of any insurance agency that will allow the insurance to be under MY name although he is the one who signed for the saloon?
Answers:
Yes, 21st Century. I own our truck, which my husband drives exclusively, and he has registered it and insures it.
sometimes I don't understand their reasoning other than they don't enjoy any.
A car does not do damage on its own - it basically sits there, therefore does not call for insurance. The driver however, is either a good worker or a bad operator and requirements insurance for those days when they are bad and do bad things. Doesn't situation who owns the car, is that driver insured?
Regardless which company the vehicle is insured next to, he will need to be listed because technically, he is the vehicle owner Source(s): Claims adj 5 yrs
No, because the cross on the title, insurance policy named insured, and registration all own to match.
He's letting you drive it. But it's his car. Period. He have to insure it.
You CAN get a policy, in his describe, that specifically EXCLUDES him from coverage. But that means, if he drives it and cracks it up, there's no coverage. Which will probably be a problem with the lender, assuming there's a loan on this saloon.
Bottom line - with his pet name on the title, any policy in YOUR name, won't wage for the car. You don't have ownership interest within the car.
Any agency that lets you insure a vehicle, KNOWING that the policy will never pay out because you don't own the car, deserves to own their license pulled.
**ps, I disagree strongly with Fred. I guess that means he'll write you the policy you want. Spouses are a completely different story.** Source(s): agent, 21+ years
If you are not living together, and you have care, custody and control of the vehicle, the insurance HAS to be surrounded by your name, and car registered to your address. Title have nothing to do with it, if he is legalized owner, he can remain legal owner, listed on insurance for property and liability single, or as a second driver. This isn't a decision of any insurance agency, and an agent or broker who can't figure it out doesn't know what he is conversation about. You have to budge to DMV first, to get the registration in your christen, then to an insurance professional who knows what he is doing.
I am a licenced broker, registrations agent, and driver licence issuer.
Question for mbrcatz17, who seem to think I don't know what I am talking something like. How would you go about insuring a LEASE CAR? The driver never owns it, his pet name will never be on the title, but the driver has to have insurance, right? And remember, I don't simply insure the vehicle when you come to my office, I register it, I give you the plates or stickers, and you come fund to me to renew your driver licence as well.
There are documents called "right of possession" and "agreement between parties" that are used within cases where a car owner have given care, custody and control of a vehicle to another, for a period longer than 30 days, but have not given them ownership. The documents are not required for periods shorter than 30 days, because the short term is lately a loan.
Related Questions: