How does auto insurance work for dual residency? Two different states - Same vehicle - Same driver.
Total Comments: 6
Posted: Thu Nov 15, 2012 10:25 pm Post Subject:
It doesn't. You cannot technically be a "resident" of two different states at the same time. You can temporarily reside outside your home state, such as a college student or member of the military. Your auto insurance is generally issued in the state of vehicle registration.
Such persons are given the privilege of declaring a home state for purposes of registering their vehicles and maintaining a driver license, but they must have auto insurance that satisfies the requirements of the state in which they are "garaging" (parking) the vehicle each day. Some insurance companies balk at the idea of insuring vehicles registered on one state and being garaged outside that state.
For all other persons, most state vehicle codes require registration of a vehicle in that state within 10-30 days of establishing permanent residency, as well as surrendering one's driver license in favor of the new state's license.
Posted: Mon Nov 19, 2012 01:56 pm Post Subject:
I meant I have two houses. Need to travel between the two cities frequently for business purposes. Need to have insurance in the state of vehicle registration, right? since the 'garaging' provision won't work in my case.
Posted: Mon Nov 19, 2012 03:27 pm Post Subject:
You only have one state of residence. That's the state in which you must obtain a Driver License, vehicle registration, and insurance. As previously explained. The only real exception is if you are in the military, and possibly as a non-resident student.
Posted: Wed Nov 21, 2012 01:41 pm Post Subject:
Yes, you need to buy the insurance policy from the same state of vehicle registration.
Posted: Sat Mar 02, 2013 07:18 pm Post Subject: Misinformation
Yes, you can be a legal "resident" of more than one state at the same time, as each state decides what makes someone a resident differently. Each state also has different rules regarding when a vehicle must be registered in that state. Many states even require non-residents to register their vehicles there, if the car will be present in the state for a certain period of time. Yes, it is possible and legal to have your car registered in more than one state at the same time. Yes, it does create an insurance nightmare,
Posted: Sun Mar 03, 2013 01:27 am Post Subject:
you can be a legal "resident" of more than one state at the same time
LOL. You may be a legal resident of State A and reside in State B, but that does not make you a LEGAL resident of State B. It is impossible to be a LEGAL resident (the technical term is "citizen") of two states simultaneously.
Posted: Thu Nov 15, 2012 10:25 pm Post Subject:
It doesn't. You cannot technically be a "resident" of two different states at the same time. You can temporarily reside outside your home state, such as a college student or member of the military. Your auto insurance is generally issued in the state of vehicle registration.
Such persons are given the privilege of declaring a home state for purposes of registering their vehicles and maintaining a driver license, but they must have auto insurance that satisfies the requirements of the state in which they are "garaging" (parking) the vehicle each day. Some insurance companies balk at the idea of insuring vehicles registered on one state and being garaged outside that state.
For all other persons, most state vehicle codes require registration of a vehicle in that state within 10-30 days of establishing permanent residency, as well as surrendering one's driver license in favor of the new state's license.
Posted: Mon Nov 19, 2012 01:56 pm Post Subject:
I meant I have two houses. Need to travel between the two cities frequently for business purposes. Need to have insurance in the state of vehicle registration, right? since the 'garaging' provision won't work in my case.
Posted: Mon Nov 19, 2012 03:27 pm Post Subject:
You only have one state of residence. That's the state in which you must obtain a Driver License, vehicle registration, and insurance. As previously explained. The only real exception is if you are in the military, and possibly as a non-resident student.
Posted: Wed Nov 21, 2012 01:41 pm Post Subject:
Yes, you need to buy the insurance policy from the same state of vehicle registration.
Posted: Sat Mar 02, 2013 07:18 pm Post Subject: Misinformation
Yes, you can be a legal "resident" of more than one state at the same time, as each state decides what makes someone a resident differently. Each state also has different rules regarding when a vehicle must be registered in that state. Many states even require non-residents to register their vehicles there, if the car will be present in the state for a certain period of time. Yes, it is possible and legal to have your car registered in more than one state at the same time. Yes, it does create an insurance nightmare,
Posted: Sun Mar 03, 2013 01:27 am Post Subject:
you can be a legal "resident" of more than one state at the same time
LOL. You may be a legal resident of State A and reside in State B, but that does not make you a LEGAL resident of State B. It is impossible to be a LEGAL resident (the technical term is "citizen") of two states simultaneously.Add your comment