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Post Info TOPIC: Insurance Question: Is it possible to insure a car if the ownership is in another persons name?


Vetted member Newcastle On

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Insurance Question: Is it possible to insure a car if the ownership is in another persons name?
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We were talking about this at work and I said I'd post it with you experts. rofl.gif

Is it possible to insure a car if the ownership is in another persons name?

I've read online that you can lease it to this other person or the vehicle owner can just insure the second person as the primary driver.

 



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Courtice On Rod-Side Member Pin Striper

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Yes you can take out a policy on a car that you don't own...

When I buy a car I have already taken out a policy on it before I pick it up.
You just supply then insurance company with the VIN and the typical details.

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http://lightspeedmetaldesign.com/

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Why don't you phone your insurance agent?


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St.Marys Ont -Rod Side Member

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I was told as long as you can prove you have an interest in the car

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"Fatchuk" Rod-side member Board administration & clean up guy

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Here is what I know .. I have imported a lot of cars, motor homes over the years.. Anything I drove back I had to have insurance on I just provided my VIn to my ins co and got a temp policy to get back into Canada.. But I had to have the vehicle in my name to get a proper policy.. Having said that.. I have rented a few cars and was able to use my own ins policy and decline the rental car agencies Policy.. I do think it is possible .. How ever we all know that does not translate into what is.. Things are changing big time in insurance .. So a 15min  phone call to your agent would be faster to get the correct answer than it took you post  on here looking for a guess at best from us..



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Foxboro On Rod-side Member

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Beans wrote:

Yes you can take out a policy on a car that you don't own...

When I buy a car I have already taken out a policy on it before I pick it up.
You just supply then insurance company with the VIN and the typical details.


 you can do that beans but that is considered temporary not full on long term



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Vetted member Newcastle On

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So the insurance company told her it can only work if the car is leased (i.e. legal paperwork to show a financial interest it the leased property). The lessor needs to be a business and not a public person, or in this case it was a relative. If the relative wants to drive the car on a regular basis he/she needs to be named on the owners policy... Or the relative would need to have the vehicle ownership changed into his/her name, the vehicle be inspected for certification, e-tested and have an insurance policy in that persons own name.

Another lesson learned!

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Courtice On Rod-Side Member Pin Striper

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shag766 wrote:
Beans wrote:

Yes you can take out a policy on a car that you don't own...

When I buy a car I have already taken out a policy on it before I pick it up.
You just supply then insurance company with the VIN and the typical details.


 you can do that beans but that is considered temporary not full on long term


 Gotchya



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Foxboro On Rod-side Member

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Atomsplitter wrote:

So the insurance company told her it can only work if the car is leased (i.e. legal paperwork to show a financial interest it the leased property). The lessor needs to be a business and not a public person, or in this case it was a relative. If the relative wants to drive the car on a regular basis he/she needs to be named on the owners policy... Or the relative would need to have the vehicle ownership changed into his/her name, the vehicle be inspected for certification, e-tested and have an insurance policy in that persons own name.

Another lesson learned!


 didn't know the particulars on the leasing angle of it pertaining to person to person but it makes sense. i tried the other one, insure a car not in your name, about 10yrs ago for my daughter as a different kind of x-mas gift instead of the same old gift cards and the answer was no back then also.   



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Etobicoke On Rod-side Member

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I gave my daughter a car a few years back and she did not change the ownership into her name, insured it and drove it for almost two years until we sold it. And she did not live under the same roof.

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