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Can anyone buy car insurance for another person and their car?
Wiki User
∙ 11y ago
In the USA you can get temporary car insurance for your friend's car at a local insurance company. Some offer daily car insurance, temporary cover for cars and short car insurance. These insurance covers are granted when you have a new car, test driving, when using someone else's car and when selling cars.
Also your friend should be willing to send you the title and allow you to register the car in your name, however do list both addresses and do schedule the owner as an insured too. That is as the policy may need to match the registration name as any compensation will only be payable to them.
Wiki User
∙ 11y ago
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Insurable interest refers to when someone (called Person A) wants to buy life insurance on another person (Person B). In order for Person A to buy life insurance on Person B, there must be an emotional and financial loss to Person A if Person B dies. You can't buy life insurance on some random person. Insurable interest does not apply to beneficiaries. You can name anyone as beneficiaries, whether they are related to you or not.If you are planning to get an affordable life insurance, i recommend you visit the site below and get insurance quotes. The site will pull up comparable premiums between different insurance companies and show you the best quote.http://www.goodinsurancepolicy.com
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