Question
Can I insure a vehicle that I don't own?
My mom just bought herself a new car and gave me her old one instead of trading it in. She is still the registered owner of the car but won't be driving it and since I don't live in her house anymore I have to get my own policy. Is it possible for me to buy insurance for a car even though it is titled and registered to someone else?
Answer
Great question! You are correct that you will need a separate policy from your mom since you don't live together. As far as insuring the vehicle under your name, you shouldn't have a problem doing so. Here is how to handle this:
- Have your mom listed as an insurable interest: