It's legal, but it's strongly, strongly recommended that you not put a car title in someone else's name. Once you do, they own the car. They can choose to keep it, drive it, move it and keep you from operating it. You may think that will never happen, but believe me as someone who works in a police department, we see the complications of this every single day.
It is important for you to keep in mind that generally, if you do manage to obtain insurance and the car is damaged, the payout will go to the legal owner, not you. You have no insurable interest in the car.
NO. The insurance policy has to be in the name of the titled owner.
Nah, you really can't. If it were okay to insure a car not titled to me I'd put insurance on Jeff Gordon's NASCAR and get paid every Sunday during NASCAR season.
You must have a financial (insurable) interest in a car in order to insure it. It works the same way with home insurance. You must own the home in order to insure it. Thus, whoever owns the car and has the title is the only person who can insure it.
No - you can not insure a vehicle that isn't titled to you.
Four people are killed in the film titled Taxi Driver. They are the pimp Sport; the time keeper for Iris the prostitute; Iris's Mafioso customer; and the grocery store robber.
As the registered owner you can be held responsible and financially liable for the actions of the drivers you allow to operate your vehicle. It would therefore be advisable to maintain your auto insurance.
The vehicle must be insured by the person whose name appears on the title. Only the person who holds the title/deed to property has insurable interest in said property, thus they are the only ones who can take out an insurance policy to protect it. If the parents wish to insure the vehicle on their policy, they must have the vehicle re-titled in their name and add the vehicle to their policy. Their son may be added to the policy as the vehicle's principal operator.
can you have insurance on a car if the title is not in your name? Generally, no. You don't have anything to insure (called insurable interest). The only time this is permitted is with spouses. The car's title may be in either name, but may be on the others insurance.
You may be able to declare that you are common law married and as long as both of you are listed as named insureds on the policy you can insure vehicles just as if you had said your I do's for real.
one.the pimp played by harvey keitel.
Here is how you do this. Get the insurance in the name of the owner and list the people or person who drives the car as a driver. Usually the driver can have a driver's license from another state and or live in another state. Some insurance companies will allow someone to insure a vehicle that they have care custody and control of regardless of who owns the vehicle.
The answer to this question is easy and is NO. You cannot insure a vehicle that you do not own. This is very important. If you did this and totaled the vehicle, the insurance cannot pay you for the damages because you do not own the vehicle and they cannot pay your Uncle because he does not have a contract of insurance with the insurance company.
You cannot insure a vehicle that is not yours. Whether or not it has current insurance on it does not matter but the fact that it is not titled to you does make a serious difference. An insurance application together with the policy make up a legal and binding contract and it states in the policy that you must own the vehicle or have an insurable interest. In a situation where you lease the vehicle does give you insurable interest and allows you to insure a leased vehicle even though it is titled to the name of the bank or finance company who leases it to you. In one example where a problem would arise lets say that you have physical damage coverage on a policy and it a tree thereby causing a total loss to the vehicle. The insurance company cannot legally pay you for the vehicle because it is not titled to you and they cannot pay the bank or finance company because they do not have an insurance contract with then to insure the vehicle. This is just one example.
In most U.S. states she can, but that is probably not the best way to insure your teen.Bear in mind that a claimant can sue both the driver and the owner of the vehicle if they have been injured in an accident. If the driver is minor the claimant can sue both the driver and the parent or legal guardian due to parental liability statutes.If it's actually your vehicle and the driver is your minor child, you should purchase the insurance with both your names on the policy so you are both covered in the event of an accident.As a minor your teen would not be able to purchase the policy without a parents counter signature anyways so you might as well insure you both so your not left hanging with no coverage for defense or judgements in a law suit.
If the vehicle is titled to the parents then little chance of removing liability from mom and dad. If child is titled owner, and has their own auto policy then very likely the parent's can separate their own liability.
yes you can get insurance on his car CORRECT ANSWER: No you cannot. It is not legal to insure any vehicle that you do not own. Your friend can get insurance in his name, exclude himself as a driver, and list the person or people who act as drivers for him. AGAIN, YOU CANNOT INSURE A VEHICLE THAT IS NOT TITLED TO YOU. If you do, and a claim occurs, the insurance company will have no choice but to deny the claim. No one will be paid for this claim; the company will cancel the auto policy; and if another vehicle is involved, the other party or their insurance company will sue your friend, the driver, and you and they will win. Be very careful. Insurance companies are really cracking down on this and checking titles when a claim is filed. As a matter of full disclosure, I own and operate a small Independent Insurance Agency and have for the part 22 years. Before that I worked as an agent for a direct writer insurance company.
You need insurance if you own a car. As long as you are living with your parents and driving a car titled to them (even if it is "your" car), you just need to make sure you are listed on their policy as primary driver of your car and an occasional driver of the other family cars. They might save a dollar by having you EXCLUDED from the family car, but then you would have no coverage if you were to drive it.
1. "NO" You can not register a vehicle that does not belong to you. 2. Although you can get liability insurance to drive the vehicle, you can not legally get full coverge on the car unless it belongs to you. You must have an insurable interest in the property before you can insure it. 3. All 50 US states require that you register an acquired vehicle within 30 days.
Yes. Most companies will not insure an individual with a boat or any property if there is not a financial interest between the property & the insured. More specifically, it has to be titled and/or registered to the listed insured on the policy.
Jack Black does not appear in any of the three movies produced in the last 10 years titled When in Rome.The actor you see in the 2010 movie When in Rome is Eric Zuckerman and credited as the "Hansom Cab Driver."
Purchasing insurance for another personYes! You can set the policy up and pay for it if your trying to help your son out financially. You will need to have him sign the application though. Just make sure if it's his vehicle to list him as the primary insured driver and at his correct physical address. Any additional drivers should also be scheduled.It is not uncommon for parents to assist their children in obtaining and purchasing insurance.AnswerThe answer really depends on who owns the car. You can never insure something that you have no financial interest in, so if the car is titled in your son's name alone he will have to get his own policy.On the other hand, if the car is titled in you *and* your son's names, you should be able to get a policy in your name, list your son as an additional interested party, and list the both of you as operators of the vehicle.
Uranus is titled on its side. Its axis of rotation is titled at 98 degrees.
Not as a primary instument, but while recording the foo fighters self titled debut album, he played all parts, including bass.
It will depend on what insurance company your are insured with. Most companies do not allow this. However, at the company that I previously worked for they did allow you to insure a vehicle even if you were not the titled owner. You had to add an "Owned By Endorsement" to the policy. In which they would get all of the information about the owner of the vehicle as well as your information. In some cases, they would even rate for the owner along with you if the owner isn't rated on another insurance policy. If there was a loss, the owner would be paid because they own the vehicle and are the ones with the insurable interest, not you. Your basically just paying for the insurance on it to drive it, but would not be compensated if a loss were to occur. Hope that helps!
In Mississippi your daughter has to live in your household and have car titled at your address to be on your policy and you also have to be on title. If she owes anything your name only need be added to title and not loan so that you are not financially responsible.