Can I get insurance for myself on a vehicle that is in someone else's name?

Question

I am borrowing my friends vehicle while he is overseas, but I didn't get the title in my name, so I was just curious because I need to insure it soon.

Answer 1

You need to have a document signed by both yourself and the legal owner of the car giving you care, custody and control of the vehicle. It is like a lease, without payments, he retains ownership, you are allowed possession. It is called an "agreement between parties". Then you can be registered owner and insure it. The only difference is, if there is a write-off, the cheque goes to your friend, not you.
Ignore advice to the contrary. If they were right, you could not get insurance for any leased car, which would mean millions of drivers wouldn't be able to get insurance, right?

Answer 2

Do you mean it is not insured at all now? Then you'll probably have to get the owner to insure it and offer to pay.

If there is SOME insurance, the best way to get insurance for yourself on this vehicle is to have the legal owner insure it for all who drive it with his or her permission. (It may be insured that way now; ask.) If you live in a state where insurance is mandatory, the insurance has to match the title, so this is the only way to do it.

If the car is not yet insured for all permissive drivers, ask the owner to change the coverage and offer to pay the difference. With most companies, that's not much.

Answer 3

If our friend loans you his or her vehicle and your a licensed driver your covered under his or her policy already.

You can't get insurance on someone one else's vehicle unless they add you to their policy.

The correct insurance terminology is, " Insurable Interest" of which you have none because if the vehicle is damage it won't cost you anything. Only the owner has an insurable interest in a vehicle so you can't get any.

The good new though is if he/she has insurance, so do you, your covered automatically under his/her policy.

Answer 4

Insurance goes with vehicles, not with drivers. If you are driving with permission, you are covered. He can, and should, add you as a secondary drive on his insurance. No, you can't buy insurance for yourself on a car you don't own in most states.

Answer 5

No. You must be joint owners or the sole owner to insure the auto in your name. Check with your friend. You could add your name to his policy and pay the insurance premium while he is gone. If he canceled his insurance, park the car. There is a huge fine for not turning in the license plate to the highway dept. after the cancellation. If your friend is paying for liability insurance, you're a lucky duck! Just remember, he is required to list all drivers of the car.

Answer 6

I am not aware of any policy that covers you in someone elses car unless you own a vehicle and have the type of insurance that covers you in any car you drive. You cannot insure someone elses car to cover you.

Answer 7

yes,auto insurance companies don't care who owns the car- they care that the person driving the car a) has a legal drivers license and b) pays the premiums - if the car is stolen or there is some sort of hanky-panky going on they just won't pay on a claim. but as long as everything is above board there isnt any problem.
Another thing you might consider is getting just yourself as a driver insured. I did that for awhile thru state farm. this allows you to drive anyones car without them having to worry.

Answer 8

Hello, Insurance goes with vehicles, not with drivers. I found good and cheap insurance companies here: http://all-car-insurance.blogspot.com/ Good luck!