Does an auto insurance work?

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Posted: Wed Dec 23, 2009 10:57 am Post subject: Does an auto insurance work?

Does an auto insurance policy have to be in the same name at the car loan?

HullyJacob

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Joined: 09 Sep 2009
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Location: New York
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Posted: Wed Dec 23, 2009 12:22 pm Post subject:

No

Trench

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Joined: 16 Sep 2009
Posts: 911

Location: Kansas City
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Posted: Wed Dec 23, 2009 1:10 pm Post subject: insurance

(Just some advice here).....if you get an Auto policy in YOUR name, for someone else, just becareful. There has to be a reason why the other person can't get it in their name. I don't know if this is the case..........but, I'm just 'throwing it out there'.

sdchargersfan

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Posted: Wed Dec 23, 2009 6:56 pm Post subject:

Insurable interest must exist at the time of loss, or the Vehicle insurance claim can be denied. This means the policyholder must have some sort of financial interest in the vehicle when the accident happens, or they claim won't be paid. _________________ AnMarie Bozick, CIC Insurance Technologies Corporation www.insurancetechnologiescorp.com Provding automation solutions to the insurance industry since 1983.