My boyfriend and I have put money down on a car. HE is getting the loan for the car, but BOTH of our names will be on the Title.
Getting to insurance, I know since he has a loan, we will need full coverage. We don’t live in the same town, and he will RARELY drive it. Does he have to be the primary insurance holder? OR can I be? Just wondering, because of the loan on the car. Does he just need proof that there IS full coverage on the car?!
May 24, 2010 @ 2:32 am
OK big mistake with getting your name on it. I ain’t being mean here, but what if y’all split up? That car will be in both of your names. That will be a headache later on. He can put it in his alone & then get you as a secondary on the insurance. Any lender will require full coverage insurance. Good luck.
May 24, 2010 @ 3:16 am
autoinsurance.hotusa.org – try this one. I have their car insurance and, as I know, they can provide such a service.