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Can a car leased in your name be insured under your parents' policy?In: Auto Insurance |
Answer
Yes, but they'd need to add you to the policy, as well, to avoid any coverage complications if you had an accident.
On the other hand, your parents' insurance carrier may not agree to insure the car. This is because it doesn't belong to your parents, and subsequently they have no "interest" in it.
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First answer by Allen. Last edit by Allen. Question popularity: 97 [recommend question]
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Can parents insure your leased car? Can a leased car be registered and insured in a different name?
