It would be better to tow or trailer the vehicle but otherwise I would say that this would work from a legal standpoint. That's not to say though that a legal nightmare wouldn't unfold if there was an incident.
In most cases if you are fully insured then your insurance will pay for the uninsured driver's car. However if it is only a third party insurance then most likely you have no cover if it is your fault. However it depends on the insurance company and the policy that you signed.
It will depend on the driver's car insurance company. In case that driver gets into a car accident, it would be presumed his car insurance will step in to settle the damages.
No. The car is insured and your son's policy will provide coverage up to its policy limits.
yes it will
It depends how old are you and whether or not you are an insured driver under the terms of the terms of your Dad's insurance policy. Your Dad's insurance agent can tell you if you are insured to drive the vehicle.
You may get a ticket for no insurance. But you can still file a claim under the at fault drivers auto insurance.
I don't kno go to another sit!!
You must make that payment immediately or the default will be reported on your credit record. You are fully responsible for paying the loan if the primary borrower defaults. You should also make certain the car is fully insured in case of an accident. If the car is wrecked and uninsured you will be required to pay off the loan.All sorts of bad things usually happen when you co-sign for a person with bad credit.You must make that payment immediately or the default will be reported on your credit record. You are fully responsible for paying the loan if the primary borrower defaults. You should also make certain the car is fully insured in case of an accident. If the car is wrecked and uninsured you will be required to pay off the loan.All sorts of bad things usually happen when you co-sign for a person with bad credit.You must make that payment immediately or the default will be reported on your credit record. You are fully responsible for paying the loan if the primary borrower defaults. You should also make certain the car is fully insured in case of an accident. If the car is wrecked and uninsured you will be required to pay off the loan.All sorts of bad things usually happen when you co-sign for a person with bad credit.You must make that payment immediately or the default will be reported on your credit record. You are fully responsible for paying the loan if the primary borrower defaults. You should also make certain the car is fully insured in case of an accident. If the car is wrecked and uninsured you will be required to pay off the loan.All sorts of bad things usually happen when you co-sign for a person with bad credit.
The key difference between being self-insured and fully insured is that with self-insurance, the company takes on the financial risk of providing insurance coverage for its employees, while with fully insured plans, the company pays a premium to an insurance company who then assumes the financial risk.
If the other vehicle was parked, there was no other driver to have license, insurance or registration. The driver who hit the parked vehicle is at fault and is liable for all damages to the parked vehicle.
The main difference between fully insured and self-insured health insurance plans is in how the financial risk is managed. In a fully insured plan, the employer pays a premium to an insurance company, which then assumes the financial risk for providing healthcare coverage. In a self-insured plan, the employer takes on the financial risk and pays for employees' healthcare costs directly, often with the help of a third-party administrator.
It depends on your insurance. Most insurance companies will cover all drivers even if you are not the insured driver because they have what is called permissive user. Remember typically your insurance follows you wherever you go. You may want to ask the person you are borrowing the vehicle from and see if they have all drivers coverage. If not, then you need to be a listed driver on the policy before you can drive the vehicle even if it is "fully insured". Companies like Geico, Nationwide, and Allstate typically cover all drivers....hope this helps.