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4 answers

The name on the title has to match the name on the insurance card, or you can't get plates for the car.

That means, no. The name on the title, insurance, and registration all have to match. So if the car is in your name, the policy will have to be in your name, too.

2007-09-04 15:30:21 · answer #1 · answered by Anonymous 7 · 0 0

Don't be fooled. The insurance companies are the ones who decide if they can write the policy. There is no law that says your vehicle can not be on your mother's policy. Every insurance company has diffrent rules regarding the registered owner of the vehicle.

Now if you only have one vehicle on the policy, most insurance companies will write the policy in the name of the primary driver of the vehicle. If you live at the same address and want to put more than one vehicle on the policy, most insurance companies will let you and your mother be on the same policy. The benefit to this is receiving a multi-car discount which is generally one of the biggest discounts available (generally about 20% on both vehicles).

If you have unfavorable risk charcertistics such as being a young driver, less than 3 years licensed, or bad credit then you may want to make your mother the named insured.

If you lie to the insurance company and say your mother is the primary driver and you don't list yourself as a driver, then your policy will be non-renewed in the event you are operating the vehicle during an accident. This will leave your mother shopping for new insurance at a time when rates will be more because of a recent accident.

2007-09-05 22:40:49 · answer #2 · answered by thaphillips 2 · 0 0

If you and your mother are both listed as owners on the title to the car - then the car can be insured on your mother's policy (with you listed as a driver).

If you own the car and only your name is on the title - then you need to have a policy in your name.

The reason is: You have to have insurable interest in order to insure property. That means, you have to suffer an economic loss if there is damage to the vehicle. If you own the car (and your mother is not on the title) then she does not have an insurable interest in the vehicle because she would not suffer an economic loss if the vehicle was damaged - but you would. As such, she can not insure a vehicle she does not own.

You could get a policy - by lying to the insurance company - you mom tells them she owns the car and not list you as a driver. But if you do that and get in a wreck, then the insurance company could deny coverage for the loss- leaving you uninsured for the accident. Since that defeats the purpose of insurance - I don't recommend that.

2007-09-04 18:26:42 · answer #3 · answered by Boots 7 · 0 0

Generally speaking your mom can not insure a vehicle that YOU own. Sometimes, companies will allow you both to be the first named insured on a policy, but it is not likely in this situation. I would speak to your mom's agent and ask their opinion. They can let you know what you can expect to pay either way and then you can make your decision from there.

Good luck!

2007-09-04 18:02:38 · answer #4 · answered by Jason S 4 · 0 0

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