Can I Put Insurance On A Car That Is Not In My Name?

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   Darald Novak AAI

   Retired Agent and Broker, Self Employed, Albany NY USA

   Yes - New York only - this is usually done when you lease a vehicle and the leasing company requires you to insure the vehicle with your own plate and registration.  An individual can also procure a form fom the NY DMV which authorizes them (the titled owner) to allow another (you) to register and insure the vehicle. In New York, the insurance follows the registration. If you do this, make sure you name the titled owner of the vehicle as an additional insured for liability (as you would the leasing company) and as a loss payee for the physical damage (comprehensive and collision). If the person allowing you to register the vehicle has a loss payee on the vehicle, you would name both the person and their loss payee entity as 'loss payee' on your physical damage coverage.  The big question is.....   will an insurance carrier accept this situation?  Many will not. Check with your/a carrier first before signing anything in this type of situation.

   Answered on April 28, 2014

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