I live in Georgia. I want to purchase a car but can not afford my own car insurance. Can my grandma insure me?

Question

If the car is in my name can the insurance legally be in her name?
My current car which is payed for is titled in my name but insured in my grandmothers name so would that be possible if there is a a lein holder?

To those of you who feel the need to be rude, let me let you in on WHY I can not afford the insurance in my own name at this time. I am a FULL TIME student, and a single mother of 5 children. I am 26 years old! Not a teenager. I am putting MYSELF through nursing school AND working, AND saving for my children. It cost me alot less to have my car on my grandmothers insurance at this point. As for keeping the car I have currently, Its a 1987 mini van that is broken down and will cost well over what it is worth to fix it. I need another! Thanks.

Answer 1

The primary named insured on the policy must be a titled owner of the vehicle.

If grandma is a co-owner of the vehicle and is listed on the title, then the insurance can be in her name with you as a co-named insured or a listed driver.

If the title is solely in your name, than you must be the primary named insured under the policy.

Answer 2

It depends on your state. Some states require that the title or loan holder be on the insurance as well. They can add other drivers. I live in a state where this is not an issue so ask around. Some insurance companies won't do it regardless of the state. I know Esurance and Progressive don't care as long as the state does not prohibit this.

If your state does not allow it then you might have to have your grandmother co-register for the car with you in order to allow her to insure it.

That being said, I'd strongly recommend both of you be on the insurance policy, one as primary, the other secondary. You might also find that it's cheaper just to insure you rather than the both of you. Insurance is pricey but do shop around. I switched to esurance and now save over 600 a year with more coverage. My best friend switched her insurance. Another person I know switched to Allstate and is saving a bundle. You might be able to find something affordable.

I just want to add that I know in CA they had some kind of program of state sponsored low cost car insurance for those under a certain income bracket. I remember checking it out a few years ago but I couldn't qualify. See if your state offers something similar.

I just want to add (totally off-subject) but since it's tax season, you might be able to get money from taxes to help w/ the car. You'd qualify for an education tax credit (which can be alot) and it sounds like maybe the EIC credit which for you might be between 2000-4000 regardless of what you owed or don't owe.

Answer 3

If you are the policy holder and named driver of an active full comp insurance policy you usually are permitted to drive other cars with third party insurance which I lent or hired to you. If I was you, I would look at the fully comp policy and it will provide you with any details or exclusions such as age. Don't drive without the proper insurance in place. It's just not worth it.

Answer 4

Could your grandma, just give you the money for the insurance? That may prevent some confusion if there were an accident. Insurance companies are always looking for some reason to not pay off a claim.

Answer 5

It could happen! The insurance would be under your grandma's name, list your vehicle and you as a driver. Some companies might do that.

Otherwise, find other transportation. Walk, bike, bus, etc which will cut down a lot of auto expenses...

Answer 6

If you can't afford all the costs of driving a vehicle, I'd suggest you wait until you can.

Answer 7

LETS SEE HEAR YOU SAY YOUR CAR IS PAID FOR KEEP THE CAR YOU ARE KNOW DRIVING AND PAY FOR YOUR OWN INSURANCE GROW UP AND PAY.

Answer 8

to be "legal" you need to be listed as a driver!