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If i Am financing a car but son drives it can he get insurance for the car under his name?
Wiki User
∙ 13y ago
yes
Wiki User
∙ 13y ago
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If I am financing a car and is the only person on the loan. but my brother drives it and he has full insurance on the car. so the insurance is under his name. can the finance company repossess my car?
Yes
Can you drop insurance on a car you own if your daughter drives it and has her own policy?
If you registered car, plate is under your name. The second you drop it, insurance will report it to state and you can have your DL suspended. You must have her register car under her name.
Who pays the insurance on the home when its owner financing?
Property insurance is traditionally paid for by the buyer and is part of the mortgage financing contract. The property insurance is to cover the home and must name the mortgage financng entity as a co-insured mortgagee. It does not matter who does the financing.
Your mom is buying a car for you The car and financing is in her name How do you get insured as the only driver?
I would not suggest you do that. I take it that you are young, and as such the cost of insurance would be extremely expensive. If your mom is willing, it would be better to place it under her name.
If a child drives his parents car which is insured under the parent's name will he be covered?
You will have to add him to your insurance. He will be under your name and your premium will go up! if you don't do this the insurance company may look the the DMV to see how many licenses are registered under your home address, then they will call and ask if he is insured. so it's better to just go and tell them to add him to your policy.
Do you have to have auto insurance for child if they don't live with you?
If the child drives any of your vehicles, yes. If the vehicle is in the child's name, no.
Do two cars have to have the same name on the titles to have them under the same insurance policy?
No. I have three cars under the same insurance policy and each is registered to a different name.
If the title is under the child's name can the parent still put it under their insurance?
In California You can! Again depending on what Insurance company you go with.
If someone has full coverage on their vehicle is anyone who drives it covered under his insurance?
Full coverage or not the answer is usually yes unless that person is specifically exclued by name from that policy. The person has to have permission or implied permission to be using the vehicle from the owner.
Can you be sixteen and have car insurance under your own name?
no way
Does it matter that your car is registered under business name and your insurance is under you personal name?
I doubt it,I would make sure your insurance company knows that the vehicle is titled in the business name, and that the business is the owner of the vehicle.
Name and explain five sources of debt financing?
name and explain 5 sources of debt financing
