We sold our old car to my son in law. He has the title but still has our license plate on the car. Do we need to keep it insured until he has time to take care of changing it?
2007-09-10 04:18:06 · 8 answers · asked by Crazy Lady 2 in Cars & Transportation ➔ Insurance & Registration
No, whoever the car is registered to needs to carry the insurance. If you have already signed the title over, you are no longer responsible for the car.
2007-09-10 04:39:11 · answer #1 · answered by My Pits A Lover Not A Fighter 5 · 0⤊ 1⤋
Essentially, the car is uninsured at this point. Insurance is with the OWNER, not the car. If you are the owner of the car, and you lend the car to your son-in-law, and he gets into an accident, then your insurance, as the owner of the car involved, covers all damages. But, since you are no longer the owner of the car, your insurance company will NOT pay any damages for a car you do not own.
Insurance must be assigned to the owner of the car before it is registered. Usually one of the items a state requires before registering the car is proof of insurance (a policy number indicating that the car is insured by the new owner). If your son-in-law were to get into an accident he would be personally liable for all damages.
2007-09-10 11:28:13 · answer #2 · answered by This is SPARTAAAA! 5 · 0⤊ 1⤋
NO!!!! The day you signed the title over to him you lost an insurable intrest in the car. It is now his responibility to carry insurance. In most states if you are carringy the insurance on this vehicle and he isn't listed as a driver on the policy they would deny any claim that was filed during this time for 2 reasons. 1. You personally no longer have an insurable intrest & 2. Your son-in-law is not listed as a driver and it is more than a single time use....meaning it is in excess. So no it is not your responsibility to carry insurance on this vehicle.
Momma_Bear
2007-09-10 16:47:16 · answer #3 · answered by the_morris_bears 4 · 0⤊ 1⤋
The owner is responsible for insuring the vehicle. The seller is responsible for completing the documentation which transfers ownership to another person. The seller has to contact his insurance company to advise them that the vehicle has been transferred to a new owner. The new owner is then responsible for the insurance. Usually, the license plate remains with the vehicle, unless, of course, it is a personalized plate.
2007-09-10 11:26:30 · answer #4 · answered by ken erestu 6 · 0⤊ 0⤋
I would suggest getting the plates back. you can check with your insurance but, I don't think the car is covered by them anymore since it was sold. Has he transferred ownership to his name? This could change things if not. I still don't think the insurance would cover him should he get in an accident. If the car is still not transfered over to him, it's still in your name. If title has been transferred, he is driving illegally with your plates.
2007-09-10 11:29:43 · answer #5 · answered by sensible_man 7 · 0⤊ 1⤋
No. The minute you sell your vehicle, insurance becomes the responsibility of the new owner, not you. Notify the DMV of the sale, and cancel your insurance on it. If you want to, remind him he needs to do some things to legally drive HIS car.
2007-09-10 12:00:41 · answer #6 · answered by oklatom 7 · 0⤊ 1⤋
No. Notify the DMV that you have sold the car, giving all the details. They have a form for that. Do it ASAP. It's important. Trust me. I've been through the negative problems created when you neglect doing this.
2007-09-10 11:25:56 · answer #7 · answered by Trump 2020 7 · 0⤊ 0⤋
insurance becomes the responsibility of the new owner. I found interesting information about your answer here. http://all-car-insurance.blogspot.com/ Good luck!
2007-09-10 12:42:56 · answer #8 · answered by Anonymous · 0⤊ 1⤋