What would you like to do?
Can i refinance a car in someone else's name?
Your friend may sue you, and tell you to pay the wrecking bill, or they'll forgive you and they'll pay it. But the wreck will go under your name, and charged against you…. I hope that helps!
Yes you can, provided they have a license. However, if you intend to drive it also make you sure you are on the policy as well.
Yes, if you have a 'Power of Attorney.' This is often set up if a person is not available for a specific event, or item. I've drawn these up for people that need to sell a hou…se and the husband is deployed to another country. Without a Power of Attorney, it would not be legal on a document. People do sign for their spouses all the time though, that's not legal either, but it only matters if their spouse has a problem with it. Actually, it is legal for spouses to sign for each other. In the eyes of the law, a married couple is a legal unit. This is why one spouse is liable for debts of the other, even if the other spouse incurred the debts on his/her own and without the partner's knowledge.
It usually means that you are thinking of that person. Wether you are aware of it or not.
You will be charged with property damage and driving without a license and most likely driving without insurance. Not good.
Anybody who fits the legal requirements to drive in that jurisdiction, and has permission from the vehicle's owner, can drive the vehicle.
Answer Probably, some companies only require that you have care custody and control of the vehicle in order to be the named insured. Other companies require that… you be the registered owner. The problem that arises is that the finance company usually wants to have the evidence of insurance be in the name of the person responsible for the loan. If you are the named insured but not the name on the loan then the loan company may require that the person on the loan also be on the insurance policy as a named insured. The best way to do this is to have the person that owns the car get the insurance and list you the driver as the principle operator.
What happens is at the discretion of the officer that stops you and the guidelines for that particular state. The officer may merely ticket and release you for no drivers lice…nse since the car is at least insured. But he has the authority to arrest you and impound the car. He also has the authority to ticket the owner of the vehicle if they knowingly allowed an unlicensed driver to operate their vehicle.
Yes, but the person who is the registered owner of the car will have to be included on the policy, unless they have their own coverage. Yes. I was able to …put insurance on my car after I got it before the title was in my name. Even with the VIN, my insurance company was able to put the car on my policy.
Legally, the car belongs to whoever's name is on the title and registration. If someone else is making payments for another person's car, they can't outright take it but could… have a case in court for ownership, which could result in seizure.
You can only sell a car if it is titled in your name or if you have paid for the title with intentions to resell and have proof of purchase to protect yourself.
What happens no drivers license but car is insured in someone else's name and you are involved in car accident?
***UK answer*** Depends if the car is registered to your or the other person. If its your car then you will be done for driving with no insurance or driving whilst …banned or driving with no license or a combination of the three. However if its not your car and you borrowed it you will again be charged with driving with no license and insurance, (If no license then you dont have insurance, the driver must be insured not the car) but whoever you got the car from could also be charged with knowingly allowing a vehicle to be driven illegally (illegally because you - the driver had no insurance and license), if you dont want to get the other person in trouble - or they may say you took it if they dont want the trouble - then you will probably be charged with TWOC (taking without consent) as well as no driving with no license and insurance. The other persons insurance may pay out if you are found to have taken the car without consent as most cars are insured for theft. However the owner will have to prove this and if there is reason for doubt they wont pay out - unless the police say you did it, but then you will be charged. If its your car and you just dont have insurance yet but (for example) your mate has insured it for him to use while you cant drive it then im afraid it looks like you may have a heavy bill for the other cars you damaged and also court costs and legal fees if you get arrested...not to mention the heavy fine you'll get!
Accidents in Someone Else's car? Primary Legal and Financial Liability for an automobile accident is always with the driver of the vehicle at fault, The vehicle owner can also… be held financially liable as they enabled the usage. So in most cases the vehicle owners policy will invoke. This is why many people mistakenly assume that the coverage followed the car. Contrary to popular belief, Auto liability Insurance does "not" automatically follow a car. Cars don't drive themselves. It follows the defined insureds legal liabilities which may arise out of vehicle ownership or operation. This may or may not extend to another driver. Liability follows the named Insureds while property coverage follows the vehicle. "Coverage from the Owners Policy not withstanding" The Law requires that All Operators of a Motor Vehicle on public roads carry proof of financial responsibility at all times irrespective of ownership. Their is no exception when it's not your car. Depending on the owners Auto Insurance Policy Form selected, coverage may or may not extend to other drivers. A standard Form Auto Insurance Policy will typically extend coverage for permitted drivers not engaged in a crime. A "Limited Policy" a "Non Owners Policy" or a "Named Driver Policy" while more economic in some cases will not extend coverage at all to any other permitted drivers. Consult with your Insurance Agent for appropriate coverage. Don't make broad assumptions about your financial responsibilities. You should always verify coverage before driving an unowned vehicle or make sure your own policy follows you as a named insured driver to a replacement or loaner vehicle. Insurance regulations vary by state regulation so it's always best to talk to an agent in your area. A local agent will be most familiar with your state regulations.
Yes. You cannot insure anything that you do not own. If you do it is material misrepresentation, voids the contract, and could lead to criminal charges of insurance fraud. The… biggest problem is that no payment can be made on the claim because you do not own the vehicle and the true owner cannot be paid because they do not have a contract with the insurance company. You will have to pay the entire claim out of your pocket including for any injuries and property damage to the third party who you hit (if it is your fault). Answer If you are to drive someone elses vehicle and you are not named on their policy or not covered to drive the vehiicle on your own vehicle policy, then you must purchase insurance to drive that vehicle.
One may generally insure the property of another if you have an insurable interest in it. This means that you have a financial interest in the property that may be harmed …if the property is damaged or destroyed. .
If your state requires that a vehicle be insured before operating it, the responsibility of knowing whether it is insured or not falls upon the actual operator of the ve…hicle, regardless of who owns it.