Can I insure a commercial vehicle in my name if the car is owned by my husband
Total Comments: 3
Posted: Thu Feb 05, 2009 10:05 am Post Subject:
IMO you can have it insured in your name. In this case you have to obtain the non-owners policy which would only offer the liability coverage. Now, if the vehicle is used for commercial purpose, you may look into a commercial vehicle insurance policy, since personal auto insurance wouldn't cover if the vehicle get damaged while on commercial use.
Posted: Thu Feb 05, 2009 12:03 pm Post Subject:
angelica, the owner of the vehicle is going to have to be an additional insured minimally..also he will have to be a listed driver...is the problem that his rates are way higher than yours would be?
Posted: Thu Feb 05, 2009 12:41 pm Post Subject: insurance
In this case you have to obtain the non-owners policy which would only offer the liability coverage.
That's all it covers? I thought a Non-Owners policy covered more than this. Mmm......guess you learn something new everyday. I recently was asked by a neighbor if I could put Insurance in MY name, for HER. According to her, she does own a car ( I don't know if the car is ACTUALLY in her name, or not). She DID tell me, even if I DID buy the policy for her, that the policyI bought could cover Liability/Collision, etc. However.......of course it sends up a 'Red Flag' if ANYONE is asking me to merchase Insurance for THEM.
Posted: Thu Feb 05, 2009 10:05 am Post Subject:
IMO you can have it insured in your name. In this case you have to obtain the non-owners policy which would only offer the liability coverage. Now, if the vehicle is used for commercial purpose, you may look into a commercial vehicle insurance policy, since personal auto insurance wouldn't cover if the vehicle get damaged while on commercial use.
Posted: Thu Feb 05, 2009 12:03 pm Post Subject:
angelica, the owner of the vehicle is going to have to be an additional insured minimally..also he will have to be a listed driver...is the problem that his rates are way higher than yours would be?
Posted: Thu Feb 05, 2009 12:41 pm Post Subject: insurance
In this case you have to obtain the non-owners policy which would only offer the liability coverage.
That's all it covers? I thought a Non-Owners policy covered more than this. Mmm......guess you learn something new everyday. I recently was asked by a neighbor if I could put Insurance in MY name, for HER. According to her, she does own a car ( I don't know if the car is ACTUALLY in her name, or not). She DID tell me, even if I DID buy the policy for her, that the policyI bought could cover Liability/Collision, etc. However.......of course it sends up a 'Red Flag' if ANYONE is asking me to merchase Insurance for THEM.Add your comment