Can you get a full coverage insurance policy on a car that you do not own?
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.
If you dont have insurance but the car has full coverage and you are stopped by the police what fine can you get?
Can a car be repossessed because of no collision insurance when standard insurance was active on the car?
You have gap insurance and full coverage insurance but your boyfriend totaled your car and he is not on your insurance will your insuances still cover your car?
You'll have to seek out the fine print in your gap policy for details on that. In regards to your auto policy, full coverage does not have anything to do with who is covered, but everthing to do with what is covered. Generally speaking damage to your car will be covered, minus your deductible, unless your boyfriend is excluded from the policy. For the future it's always a good idea to add drivers to your…
Why do they call it full coverage insurance when a normal policy doesn't cover the full cost of the car if any moneys are owed?
I was in a car accident and my insurance will not provide a rental car even though i have full coverage can they do that?
You only get a rental if your policy specifies that you chose to pay extra to have rental car coverage. Having collision coverage is not the same thing as having rental. Collision coverage just covers the repairs to your vehicle. If you are not at fault for the accident, the other person's insurance will provide you with a rental car.
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. Answer If 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…
If you have full coverage insurance and a person who is not on the policy gets into an accident what happens?
What insurance covers a boat trailer accident when attached to a car the car insurance or the boat insurance?
If you only have liability your car insurance isn't covering your boat trailer, even full car coverage probably has small fine print limiting coverage to your car. Trailer coverage through your boat insurance provider is more likely to cover it. Additional answer If your question is regarding the damage caused by the trailer while it was being towed by an automobile, then the answer is yes, the damage caused by the trailer will be covered…
You'll need to read the policy and see. Sometimes you may have bought rental car coverage that will pay a set amount per day up to a maximum. Full coverage is a slang term used to describe a policy that offers comprehensive and collision coverage on a covered auto. Rental car and towing are usually additional coverages that you may or may not have. But even if you don't have that coverage, it may still…
Can the bank holding the lien on a car find out if you have only liability and can they repossess if they require full coverage?
Is it a state law in Florida that your insurance company must provide a rental car after an accidentif you have full coverage insurance and hit a deer?
No. By "full coverage," I assume you mean you have comprehensive and collision coverage. This does not include rental. You have to buy a special endorsement on your policy to get rental. Hitting a deer is a comprehensive claim and if you have rental, you will get a rental if the car is non-drivable or when it is in the shops for the repairs. If you did not buy rental, the insurance company does not…
If a car owner has full coverage on their vehicle including uninsured motorist can they allow someone without any insurance to drive the vehicle?
Does the insurance company have to pay for a rental vehicle for a client until their vehicle is fixed if they have full coverage insurance?
What will happen to your current insurance policy if you transfer from a newer vehicle with full coverage to an older vehicle with basic coverage?
Full coverage auto insurance is a policy which covers first party and third party injury to the body or damage to car. It covers physical damages to the car if it has been leased at the time of accident, death or physical injury to the body of people involved in the accident, also property damages caused by the insured person's car to someone's property,
No, Homeowners insurance does not cover vehicles, That's what Auto Insurance is for.. It does not matter where the vehicle was parked. If a tree falls on your car or your car is struck by lightning, hail damaged or whatever, makes no difference. When you purchase your auto Insurance you have the option to buy liability or full coverage. Any damage to your vehicle would have to be filed against your auto insurance policy. Answer…
What happens if a car accident was not your fault but you were driving and you are not on the policy and the car is insured by full coverage insurance?
ANSWER You should be OK, as long as, you had permission to drive that vehicle. In any case since you were not at fault, the other driver's insurance co. is financially responsible for all damages. However, in some other cases, it is recommendable to review the policy of the car you were driving, in case the other vehicle had a liability coverage only.
Automobile insurance, in most cases, does not cover mechanical breakdown. If your car is not worth repairing from a mechanical breakdown and you are able to replace it within a few weeks to a month I would suggest keeping your insurance policy active. This is to avoid having a lapse in insurance coverage which could result in higher insurance premiums when you get another car. Answer Your car breaking down, and your car being totalled…