Auto Insurance

Can you get a full coverage insurance policy on a car that you do not own?


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2015-07-15 20:50:25
2015-07-15 20:50:25
Insurance for a Car you do not ownYes, You can Insure the property of another Person. So Long as you do so properly and have authorization to do so and the owner is benefited, or an other insurable interest in that property exists.

An example is a case where dad says " OK, you can use my spare car but you gotta get your own coverage".

If You have permissive use from the owner of a vehicle, then obviously you have an insurable interest. However, Only the Legal owner of the Property or the designated agent of the owner can receive compensation for the property in the event of a covered loss, so you need to list the owner as an insured on the policy.

If you buy proper insurance coverage, Then Dad will be proud and happy you were prudent enough to fully insure his and your interest in the vehicle he loaned you.

You can not insure the property of another when no insurable interest exists and only the legitimate owner can receive compensation for a property loss. For Liability purposes any authorized driver has an interest in the insured status of a vehicle they are driving.

List all drivers for liability purposes and list the owner for his property interest.

Failure to disclose ( AKA "concealment") that the vehicle is owned or driven by another can negate any comprehensive or collision coverage and compromise liabilities. Meaning that the company would not have to pay in the event of that type of loss.


Yes, you can. I did through Allstate Insurance Company. They did not ask if the car was in my name and I did not tell them anything different.


Related Questions

Yes, if your policy has adequate coverage. If you have full coverage insurance, your car will be repaired completely and your portion of the repairs will be whatever your deductible is.

In most states, including North Carolina, you still have to maintain some form of car insurance coverage. If the car is paid off you can drop your policy from full coverage to liability insurance.

Usually it does, you would have to check to see if you have a broad coverage policy or not.

In state of Michigan, you can only have liability coverage if your car is paid off. Otherwise, you will have to purchase a full coverage policy.

Assuming you had permission to drive the car and you are not an excluded operator on the policy covering the vehicle then coverage should apply per the conditions of the policy.

It depends on the policy that you buy: you can get full coverage, bodily injury, property damage coverage, a full deductible, and several other options.

Liability coverage is usually much cheaper than a full coverage policy. However, the final price will depend on your driving record and year of the car.

Just like most other cities, Boston also requires drivers have at least liability insurance coverage. If you are financing a car however, you will need a full coverage policy.

If your contract requires full coverage and you do not have full coverage, you are in violation of the contract.

The state of Michigan does require that all drivers have some car insurance. This includes either having liability or full policy coverage.

Physical Damage coverage on an auto policy covers all parts of the car that are damaged in a covered loss or covered accident. Maintenance issues are not covered on auto insurance.

Yes, you will be reimbursed if you have full coverage on your car. If you do not have full coverage then you will not be covered.

If you put medical insurance on the policy when the policy was purchased.

This will depend specifcally on your particlar insurance policy. While it is common place to have rental coverage with a full covrage policy,you should verify this information before renting a car.

Not where I live in Ohio. My mother co-signed a car for me, and her name didnt have to be on the insurance, as long as the vehicle carried full coverage insurance in my name.

Full coverage requirements have nothing to do with the age of the car. If you still make payments on the car then you still have to have full coverage. If you own the car outright, then you do not have to have it.

There is no age limit although the value of the car may not justify the cost of full coverage.

Full coverage insurance will help you get your car fixed after it has been wrecked. You can also get a new car if it has been completely totaled.

I know of no insurance company in any U.S. sate that will give you full coverage on a salvaged vehicle.

California laws dictates that people with disabilities cannot be denied car insurance coverage. Each individual will have to be assessed and the risks factors written into the car policy as the insurance company must do, but you can get coverage with insurance companies if you are disabled.

If the car is paid off, then only liability insurance is needed. If it is not, then you will need a full insurance coverage plan.

Homeowners insurance does not cover automobile losses.If you have full coverage insurance on your car you can seek coverage from your auto insurer.If you have only liability insurance then that is just the chance you take in opting not to obtain full coverage.AnswerIf you had full coverage insurance, it would pay for it. If he had insurance on the building, there should have been coverage for contents. He would collect and you would have to get him to pay you for your car. You might have to sue him for it if he doesn't want to pay.

If you have full Coverage Auto Insurance, Then the Comprehensive and Collision portions of your coverage would pay for damages to your own car. If you just have liability insurance only. Then you just have coverage for the other car and there is no coverage for your own vehicle.

No you can fire them anytime you want but must maintain full coverage on a car if there's a lien.

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