0
If your teenage son's grandparents bought him a truck which was financed by them and insured in their name how do you go about getting insurance in your name?
Wiki User
∙ 18y ago
The teenager should have been listed on the policy of the truck as the primary operator. You then call the insurance company and ask them to provide a policy in the name of the teenager. Now if you were not disclosing the teenager to the insurance company to avoid the extra premium then you have a problem. The teenager has no history with any company and in many cases will not get anything close to a good rate.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
Can you loan your car to your sibling in another state if it is registered financed and insured in your name?
Depends on your insurance company.
I don't drive my financed car. Do i need auto insurance?
Undoubtedly your finance contract requires full-coverage insurance. They will want it insured because there are other causes of loss besides collision.
Can the beneficiary collect insurance proceeds if the insured collect illegal rebating from agent?
Though paying rebate to insured by agents is prohibited, that does not hinder in the way of getting insurance proceeds.
Do you have to have a vehicle in your name to get car insurance?
you have to have a car for getting a car insurance No, you can be driving your parents car & be on their policy, therefore you are still insured
Do you have to have insurance on a car before you can change owners?
A vehicle can be titled without insurance, but must be insured before getting a tag or registration. Exception: If a car still has a lien from a financing company, the car may have to be insured to change owners.
What is the difference between a company that is fully insured and one that is self insured?
A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.
How can you find out if your car is insured?
Your car is not insured unless you purchase insurance for it.
What is debt-protection insurance?
Debt protection insurance is often sold in conjunction with a major purchased that is financed by the buyer. An example would be a car loan. The insurance covers contingencies such as death or disability resulting in the borrower's (the insured's) inability to make the scheduled payments on the loan. The creditor is the loss payee. Mprmally, the premium for the insurance is incorporated into the loan.
Can insured person drive an uninsured car?
We need to know what he's insured for. If he's insured to drive the car, then yes. If he's insured with life insurance, then no. But normally it's the car that carries the insurance.
What is insurance retention?
An insurance retention is the portion of an insurance claim paid by the insured instead of the insurance company. A deductible is a common example of a retention although there are other types of retentions. Retentions allow the insured to reduce insurance premiums whileassuming a portion of the risk being insured.
Is it legal to drive without insurance in florida if the car your driving is insured?
If the car you are driving is insured then you are not driving without insurance.
What is sports insurance?
insurance in sport is just been insured...
