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Is it necessary that the policy holder is the same person who owns the vehicle to be insured?
Wiki User
∙ 14y ago
That all depends on the insurance carrier. There are many non-standard carriers that will insure a vehicle even if it's not the owned by the named insured. Ask your insurer if they offer this service.
Wiki User
∙ 14y ago
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Can your friend drive your car if you are both insured?
People are not insured. Vehicles are. In other words, it's not necessary for a vehicle owner to determine whether a potential driver is insured. The owner knows whether his car is insured. It is necessary, however, for a person who wishes to drive a vehicle to ensure that it is properly insured. I would not operate a vehicle unless I saw a valid insurance card for it.
Person who is the holder of an insurance policy?
The person can be called Policy Holder,Insured, Life Assured as the case may be.
Lien holder on your vehicle?
The lien holder is the person or firm, you borrowed the money from to purchase the car.
Can a vehicle be insured by a personal policy if a company bought the vehicle for an individual?
Who owns the car, the co or the person?
If i am insured and drive a vehicle belonging to someone that is not insured am i covered through my policy?
No. * i say Depends on your policy. Call your insurance person.
Uninsured driver driving insured car is he covered?
If a person is driving a car and he/she is uninsured but the vehicle in which he is driving is registered and insured to another individual, the registered owner is liable for the damages to the other pwesond's vehicle.
What does Additionally Insured on a Vehicle Insurance Policy mean?
The person who took out the policy is the main or policyholder. Any persons added to the policy are considered additionally insured.
Can a named insured be an excluded driver on an automobile liability policy in New Mexico?
A named insured person can be an excluded driver on an automobile liability policy in New Mexico, if the policy holder wishes to remove a driver from the policy. The policy holder will have to notify the insurance company to make the changes.
Does the person supervising a learner driver have to be insured on the learner's car?
Since they are not physically "operating" the vehicle, no, they don't.
What is the difference between a named insured and a deed-holder?
A named insured is someone that has an insurable interest in a property. They don't need to be the deed holder. The deed holder is the person that owns the property. For example if you rent a house from someone. You have a insurable interest in your property that is inside the house. The deed holder has an insurable interest in the house itself and not the contents that are not fixtures. So the insurance company could issue a renters policy to the renter and he would be a named insured and the insurance company could issue a policy to the owner and he would be a named insured. 2 different policies covering different things.
Can a person with a Kentucky license drive your Illinois insured vehicle and be covered?
Most policies permit occasional privileges to drivers other than the policy holder but it would be best to ask the insurance company. They will want to know the age of the other driver and his/her driving record.
Can i Put a lien on a vehicle to get my name on the title?
A person or a company that puts a lien on a vehicle is a "lien holder" that is on the title. It is not recognized as ownership.
