If you’re buying a vehicle, you might be wondering if you can transfer your car insurance to another person. The answer to this question is a definite yes. In order to be able to transfer car insurance though, you need to make sure that you have the proper car registration documents transferred to your name. You are not allowed to complete a vehicle insurance transfer without signing the title of the vehicle over to your name. When the vehicle is put in your name, the policy of the former owner is no longer valid. Always make sure that you inform your insurance company of a change in ownership, otherwise, any claim that you make will be denied.

Can I Transfer My Insurance to Another Car?

car

Yes, you can easily transfer your auto insurance to a different vehicle. The most important thing to do is contact your insurance company to tell them about your new car purchase. Most car companies let you change your insurance online, however, you could always call them and talk to them about your new vehicle. Additionally, if you get a new vehicle, you might want to add additional coverage. Insurance companies do allow you to add additional coverage to your vehicle at a time. This is simply due to the fact that you are giving them more money and they are happy to take it. When you transfer your insurance to a different car, you might also want to make sure that your other vehicle has been taken off of your insurance policy. You wouldn’t want to have to be stuck paying for a car that you’re not using.

How Do You Transfer Ownership of a Car?

In order to transfer ownership of a vehicle, there are multiple steps that you have to take. The first thing that you have to do is pick up a transfer/tax form from a broker. Once you do this, you can remove your license plates. At this point, you can remove your insurance and registration from the vehicle. These two things should be on the same document. However, rip off the bottom portion of the document and give the registration portion to the buyer. At this point, you can pay and fill out the transfer/tax form. Once completed, you can take the registration to a service center to get plates and pay taxes on your vehicle.

Can I Register a Car in My Name and Insure It in Another?

Getting insurance on a car that is not in your own name is difficult to do. In order to be able to get insurance on a vehicle, you have to have something to lose if the car is totaled. Someone who is not on the vehicle registration does not have a whole lot to lose. If you can prove that you have an insurable interest in the vehicle, you should be able to get insurance for it, even if you are not on the vehicle registration. Generally speaking, even if a vehicle is written in your child’s name, an insurance agent will advise you to get new registration if you have an insurable interest in the vehicle. To put it into simple terms for you, just make sure that you are listed as a driver on the vehicle so that you are protected.

Can I Change My Auto Insurance at Any Time?

Fortunately, auto insurance can be changed at any time. If you need to add another driver onto your insurance, you shouldn’t run into any problems. The only problem that you might run into is the hours that your insurance company is open. Some insurance companies are not open on a 24/7 basis, which is something that you might want to check into. Generally speaking, so long as the person who is driving your vehicle has their own insurance policy, you shouldn’t have issues with them driving your vehicle. However, whenever possible, you might want to speak with your insurance provider. It does not hurt to double check to make sure that they are fully insured to drive your vehicle.

What Is a Transfer of Insurance Form?

form

A transfer of insurance form is a very simple document that allows you to transfer insurance. This form is a form that must be completed within 30 days of the sale of your vehicle. The form is extremely easy to fill out and must be completed by both the new owner and the original owner of the vehicle. There are spots on the form for each person involved in the transfer to fill out. The form also states what you need to give the new owner along with the document. Things like maintenance records and warranty must be transferred as stated on the transfer insurance form. The form is basically proof that a transfer has taken place and that both parties have agreed to do the transfer.

Can You Lease a Car and Let Someone Else Drive It?

lease a car

So long as you gave permission to the person to be able to drive your car and the company that you purchased the car from has given you permission, yes, someone else can drive the vehicle. The other person should have insurance in their own name to be able to drive your vehicle, however. If you are worried about this, you can always contact your insurance company. They can add temporary or permanent insurance onto your vehicle for them to be able to drive it. Once the insurance company calculates the additional cost and adds it to your monthly premium, you should be good to go.

To Conclude

If you have never bought a car before, it can be relatively confusing the first time around. Once you figure out the process, it is generally pretty easy to do. As long as you follow proper procedure, you should have no problems with your insurance company. If you have any questions, make sure that you get into contact with them before purchasing your vehicle. This will ensure that you have insurance on the vehicle that you purchase, as soon as possible.

Resources:

https://www.dealerplan.com/wp-content/uploads/2014/07/Transfer-Form.pdf
https://usinsuranceagents.com/answers/2759/can-carry-auto-insurance-for-car-if-the-title-is-not-in-my-name