Can I buy a car and put it under someone else's insurance?

Asked by: Aletha Moore  |  Last update: February 11, 2022
Score: 4.2/5 (32 votes)

Yes, you can buy auto insurance coverage for someone else, as most companies allow the driver and policyholder to be in different names. This is fairly common for teen drivers, as parents generally are the auto policyholders until dependents can purchase their own vehicle and own insurance.

Can I put my car under someone else's insurance?

Can I get my car insured under someone else? Usually, the owner of the vehicle is a “named insured” on the auto policy. But if another person — other than the owner — is willing to pay for auto coverage for your car, most insurance companies will allow it.

Can you insure a vehicle that is not in your name?

If you're looking for the easiest way to insure a car that's not in your name, you can add the owner of the vehicle to your insurance policy as an additional interest. When you do this, your premiums will not increase as it merely states someone else's insurable interest.

Can I buy insurance for a car I don't own?

If you're looking to insure a car you don't own, the process is fairly straightforward. ... State an additional interest: You can add the owner of the vehicle to your own insurance policy as an additional interest. This is the easiest and most common way to get insurance for a vehicle that isn't yours.

Can I buy a car for someone else and put it in their name?

If you purchase a car for someone else, you have the option to have the loan in your name or to cosign with the individual you're buying it for. The only way to buy the vehicle as a surprise is to put in the loan in your own name. The title may be registered under both names.

How to insure yourself to drive someone else's car

21 related questions found

Can the owner and registered keeper of a car be different?

A car's owner and registered keeper are often assumed to be the same thing, because they are usually the same person, but in fact they can be different people. The owner is the person who bought the car or the person who has been gifted the vehicle. The registered keeper is the main user of the car.

How do you buy a car from a private seller?

Checklist for buying a car from a private seller
  1. Before seeing the car, look up the fair market value of the vehicle using Kelley Blue Book.
  2. Ask the seller for the mileage on the car so you can do your research.
  3. Ask the seller for service records.
  4. Check the registration. ...
  5. Deal with local sellers, if possible.

Can my son drive my car if he is not insured?

Most insurers cover someone else driving the policyholder's car with their permission once in a while. But, if you're going to start driving one of your parent's cars regularly, you'll need to be added or named on their auto insurance. You can't legally drive your parents' car without any insurance at all, either.

What can car insurance protect you from?

Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. ... Auto insurance provides coverage for: Property – such as damage to or theft of your car. Liability – your legal responsibility to others for bodily injury or property damage.

Can I insure my daughters car in my name?

Can I insure it under my name? Yes, you can if you're the registered owner of the vehicle. Your child should be listed as a driver.

Can you put a financed car in someone else name?

No, in general, you cannot take out a loan in someone else's name. Doing this is fraud. Instead, you could cosign a loan with the other person.

Can you insure a car if you are not the registered keeper?

Can I insure a car I don't own? You can insure a vehicle you don't own, but you must tell the insurer that you're neither the registered keeper nor the owner. The registered keeper is the person named on the registration certificate; the owner is the person who bought it.

Does insurance cover hit and run parked car?

If someone on the street hits or sideswipes your parked car and you can prove who caused the damage, their insurance should cover you. If you don't know or can't prove who hit your car but have collision or UMPD coverage, your insurance should cover the damages.

Is it cheaper to pay car insurance yearly?

Paying your insurance premiums annually is almost always the least expensive option. Many companies give you a discount for paying in full because it costs more for the insurance company if a policyholder pays their premiums monthly since that requires manual processing each month to keep the policy active.

What is minimum coverage car insurance?

Here are the minimum liability insurance requirements (per California Insurance Code §11580.1b): $15,000 for injury/death to one person. $30,000 for injury/death to more than one person. $5,000 for damage to property.

Can I let someone borrow my car?

Although you should check your individual policy, most of the time you can let someone drive your car and still have coverage. As long as you give the person permission, and they only drive the car occasionally, there shouldn't be an issue. Accidents, however, are unpredictable and can happen anytime.

Can I drive my dads car?

Can I drive my parents' car without insurance? ... You must be properly insured if you drive on the public road, no matter how short the distance, even if your parents have given their permission for you to drive the car, and even if they have their own insurance policy covering the vehicle.

What happens if I let someone borrow my car and they crash?

If you let a friend borrow your car and he or she causes an accident, your auto insurer would be responsible for paying for damages to the other driver and his or her passengers, up to the limits of your policy. If damages exceed your policy limits, your friend's insurance would act as secondary coverage.

How do you buy a car from a private seller without getting scammed?

Tips for avoiding scams when buying a car
  1. Always have the car inspected. After you test drive the car yourself, get it inspected by a mechanic you trust. ...
  2. Don't trust sellers who say the online marketplace guarantees the sale. ...
  3. Check for liens on the vehicle. ...
  4. Perform a vehicle history check.

How long do you have to register a car after purchase?

The buyer of the vehicle must submit the forms at the registering authority within 21 days of buying the vehicle, along with the registration form obtained from the seller and a roadworthiness certificate (it is the responsibility of the buyer to ensure that the vehicle is roadworthy).

What do I need to buy a car from someone?

Checklist for buying a second hand car
  1. Check the car's condition. Despite being a used car, the vehicle you are considering should be in good running condition, and must be good value for money. ...
  2. Registration documents. ...
  3. Car insurance.
  4. Potential modifications. ...
  5. Transfer of insurance. ...
  6. Written contract. ...
  7. Car maintenance records.

Who is the legal owner of a car on finance?

A car on finance legally belongs to the car finance provider until you've completed your payment plan. Once you've fully paid off the car it may belong to you, or you may have to hand it back to the lender - depending on your car finance agreement.

Can I insure my wife's car in my name?

Generally, a car insurance company will only insure a car in the name of the person who is listed on the car's title. So, for example, if your wife is listed as the car's owner, then an insurance policy for the car would have to be listed in her name. ... However, you two could have a joint policy with both your names.

Who is responsible for changing ownership of a vehicle?

The responsibility of changing the ownership of a vehicle lies with the buyer and the seller. It's the buyer's responsibility to pay for the change of ownership.

Will my insurance go up if someone hits me?

Naturally, most injured victims that contact our firm want to know about the financial consequences of the collision. A common question that potential clients ask us when they call is whether their car insurance rates will increase as a result of the collision – even if they weren't at fault. The answer: no.