No. You cannot insure something that you do not own. If you purchase insurance on a vehicle that you have no interest in the insurance company cannot pay you for any damage because you do not own the vehicle. They also cannot pay the owner because they have no contract with the insurance carrier. This is what is called material misrepresentation and will void all coverage on the vehicle. Do not get into this mess.
No.
You can sell your real property if there is a conveyance title in someone else's name, but the money will not legally be yours. The money will belong to the person who has the title.
Yes but the owner needs to be named and all driver info need to be given too.
If only your name is on the title and the loan is not listed as a lien on that title then you are the legal owner. If someone else obtained a car loan for you then their name should be on the title to the car with yours. The question of ownership should be addressed if someone was kind enough to borrow money for you to have a car. The car should have full insurance coverage in case of an accident.
To give you a basic answer, the insurance company will only insure a vehicle if the listed owner is on the policy. Mark
Do you have the title of the car in your name? Is there a loan on the car? You will have to register it if your name is on the title!
no
it would be listed on the title
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.AnswerYes. 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.
Yes, it does not matter if you have your own policy or are listed on someone else's policy, you will be surcharged for the DUI probably for the next 5 years.
Theft is not the same as accidents. If you drive a car, whether it is in your name or someone else's name, and you have an accident, then your own insurance is applicable, but if someone else's car is stolen, that doesn't seem to involve you. Presumably you were not in the car when it was stolen, right? What involvement do you have?
You can cosign but both names will be on title.