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All property insurance coverage (auto, home, etc.) require "insurable interest" as one of the essential conditions for issuing a policy. Insurable interest simply means that you legally have some degree (1%-100%) of legal ownership of the property you wish to insure. A car titled in another person's name does not constitute insurance interest because in the eyes of the law, you don't own it!
The exception to that rule is if a car is titled your spouse, you automatically have insurable interest by virtue of marriage. A spouse is always automatically covered even if you fail to name them anywhere on the policy. The exception to the automatic spouse coverage is if the insurance company determines that you were being intentionally deceptive by not naming them. For example, not mentioning that you are married and hubby has two DUIs and a few tickets and wrecks. It's always better to name both spouses on ALL insurance policies to prevent any delays or questions when you file a claim in the future!
Many insurance companies will issue a policy to you for a car that isn't titled in your name under the assumption that by requesting coverage and paying for it, you have insurable interest. BUT if you file a claim at any time in the future, they can and will verify whether it is titled in your name or not. If not, they have the legal right to automatically deny the claim! Some states require them to refund you the premiums you paid minus a $50-$100 fee if they flat-decline the claim on that basis and others don't. Regardless, you are left with a damaged or totaled car and no one to pay for it!
A potential 'work-around' to the insurable interest requirement in some states is to purchase a DOC (Drive Other Cars) policy. DOC follows you to any vehicle that you drive, but pays after the vehicle's own coverage. If the vehicle has no coverage, DOC would then pay as primary. But it can be tricky and it's a little different in each state. Most DOC policies cover you driving cars that are NOT regularly parked at your address and available for your long-term use (because you cars parked at your house that you can use anytime should have their own coverage). DOC covers situations such as a loaner from a dealership, driving a buddy's truck to move some stuff for the day, etc.
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∙ 11y ago
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Can you insure a car not titled to you?
Nah, you really can't. If it were okay to insure a car not titled to me I'd put insurance on Jeff Gordon's NASCAR and get paid every Sunday during NASCAR season.
Can someone else insure a car if the loan is in your name?
Depending on the state you must at least cosign.
Can someone else license and insure a car you own?
YES - registration and insurance are separate from ownership.
Can someone else register your car for you?
In most states someone else can register a car besides the titled owner if the proper paperwork is signed by the owner. The title will need to be filled out and signed by the person who will own the car.
Can you buy a car in Florida and have it titled in your name but tagged and insured by someone else?
You can have it insured in your name, You can have it titled in your name as lienholder and have it registered to another party
Can you register and insure a car that is titled to someone else?
1. "NO" You can not register a vehicle that does not belong to you. 2. Although you can get liability insurance to drive the vehicle, you can not legally get full coverge on the car unless it belongs to you. You must have an insurable interest in the property before you can insure it. 3. All 50 US states require that you register an acquired vehicle within 30 days.
Can you insure someone else's financed car?
No. Insurance cannot be obtained on property which the policy holder has no vested interest or ability to control.
If someone gave me a car as a gift and the title and registration are in only my name and the person who gave it to me wants it back to give to someone else can they sue you for it?
if someone died and has a car how can you find out who it is titled to
If the car lien is in your grandmothers name can the car be covered on your insurance policy if you are the one driving the car?
No - you can not insure a vehicle that isn't titled to you.
Can someone own a car but have someone else insure it?
Yes. Many insurance companies will not be willing to insure this type of risk, but you will be able to find a company to do this. The primary concern for most insurance companies is who is the main operator of the vehicle.
Can a car be sold when titled to a dead person?
If someone else has power of attorney I believe they can sell the car for the dead person (or a person who cannot think for themselves.)
Who insures car titled in some elses name?
You must have a financial (insurable) interest in a car in order to insure it. It works the same way with home insurance. You must own the home in order to insure it. Thus, whoever owns the car and has the title is the only person who can insure it.
