by dangelo907 » Mon Oct 25, 2010 05:32 pm
We live in Michigan
Would I be liable if my son's car insurance was in my name? With the car in his name.
And since I'm asking, would I be liable if his car and insurance were in my name.
Would I be liable if my son's car insurance was in my name? With the car in his name.
And since I'm asking, would I be liable if his car and insurance were in my name.
Posted: Tue Oct 26, 2010 06:47 am Post Subject:
Yeah Michigan.... home of the most screwed up insurance laws!
MI is a true no-fault state for property damage. If you are liable, you are usually only liable for the other person's deductible amount or something like $300.
I'm pretty sure in MI the driver and owner can be liable. If your son is listed on your policy then he is an insured under your policy. If you don't own the vehicle or driver the vehicle then you should not have it on your policy unless your son is listed. In any case, you having a police with the vehicle listed on it does not make you liable. Also, your policy only responds to liability if an "insured" is "legally liable". This is the reason the vehicle should not be under your policy unless you own it or your son is listed. You'd be paying for liability coverage (as limited as it is) for no reason.
P.S. If the car is titled to you... then it's not "his" car. :)
Posted: Thu Oct 28, 2010 12:04 pm Post Subject:
Some how I have this feeling as if you're asking these questions to be on the safer side. It's always good to be cautious and it's more so when no mishap has taken place as yet.
Posted: Mon Nov 01, 2010 09:48 pm Post Subject:
When a vehicle is registered in your name, you own it and are responsible for it. Therefore, the liability can rest on your shoulders. Insurance doesn’t make you liable. Property ownership does.
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