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Can the name on the insurance and registration be different than the name on the title and still be insurable?
Wiki User
∙ 18y ago
You can insure any way you want, but the proper way to insure a vehicle is in the same name as on the car registration. Otherwise, if a claim is made, the insurer could deny the claim, and cancel the policy for incorrect insuring. Insurance maybe, but any state I've lived in would definitely require the car to be registered by the owner. I'm not sure about leased vehicles.
Wiki User
∙ 18y ago
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Can a married couple be dependents on parents auto insurance plan?
If they live in the home with the parents and the parents have an insurable interest in the cars (ie they are still on title) then generally yes. It is not a case of dependent but of insurable interest.
Can you get life insurance at age 81?
Yes, many life insurance companies offer life insurance to applicants who are 81 and still insurable. Expect a lot of questions about your need for life insurance, your finances and your health.
Can you take out life insurance on someone you don't know without their consent?
No, YOu must have an insurable interest and they must sign for it. There is an exception to that rule when a reletive buys coverage for a minor. They still must have an insurable interest. 4lifeguild
In NC do you have to have an insurable interest in the beneficiary?
You've got it backwards. A beneficiary is the person who has to have an insurable interest in the insured, and that is standard insurance law, in North Carolina or anywhere else. In order to take out insurance on anyone you must have an insurable interest in that person. That does not mean you must have an insurable interest in the beneficiary. Some states do and some states do not. My question is does NC require an insurable interest in the beneficiary? OK, since you are still questioning this, here is the more detailed answer. A beneficiary, by definition, is not being insured; instead, he or she is the person who will receive the insurance payment (in the case of life insurance) when the insured person dies. Since the beneficiary is not being insured, there is no reason why anyone would be required to have an insurable interest in the beneficiary. The reason why insurable interest is required, is that life insurance is not intended to be a form of gambling, otherwise anybody could take out an insurance policy on anybody else. Insurable intersest means that you personally would be financially harmed by the death of a particular person. Children depend upon their parents and therefore have an obvious insurable interest in their parents. Even if the child has grown up and no longer depends upon the parent, that child still has an insurable interest in the parent, because when the parent dies, the child will probably have to pay for the funeral, and will have other expenses relating to that death. Whereas, if you wanted to take out a life insurance policy on a complete stranger, you have no insurable interest. An employer can take out life insurance on an employee, called "key person insurance" if it is thought that the death of that employee would cause financial problems to the company that employs him or her. The star of a motion picture would normally be insured by the movie company, since the death of that person could make it impossible to finish filming, and the money invested up to that point could be lost. That's how insurable interest works. The beneficiary HAS insurable interest in the insured, the insured does NOT have an insurable interest in the beneficiary.
What to do if your car's registration and insurance papers are stolen but you still have the car?
You should still have the title to the car. If you take the title to the Dept of Motor Vehicles they will have record of your car's registration and will issue you new papers. The insurance company will also have record of your policy and can issue you a new insurance card.
What happens if you have a wreck without auto insurance and still money to the bank?
You'll be ticketed for driving with an invalid registration and driving without insurance, and you still owe that money to the bank.
Does switching a car title do anything to car insurance?
Only to the extent that the person must have an insurable interest in the car. If I transferred title to you on my car I can no longer insure it since I have no insurable interest in the car. If you transferred title to your child who still lives at home you could continue to insure it.
Do I need insurance for an antique car?
Yes you still need insurance as that is required by the state in order to get a registration. In case of loss or damage you will have to file a claim.
If you are selling someone your car and thay wreck it who's liable for it?
If the title, registration, and insurance are still all in your name, you (or your insurance company) would be responsible.
Does insurance still cover a claim for damages when not at fault and hit by an uninsured motorist if the vehicle's registration is expired at the time of the accident?
yes the coverage is effective even though the registration is expired.
Can you still get insurance and registration if your hiding from a loan company on a vehicle?
If you have defaulted on your loan and not returned the vehicle, then you have basically committed a theft.
Should your car insurance coverage lapse while your registration is still current the DMV may suspend the vehicle registration and charge a reinstatement fee?
two lack seventy three thousand two hundred eighty.
