Can I Register My Car In My Parents Name
- ginniferhadley
- Newbie
- February 26, 2013
- 44 posts
- 3 upvotes
Whether the policy is in your name or your parents name, as a regular driver, y'all are required to exist listed equally a commuter on the policy and the rates of your parents insurance wouldn't have you lot factored in. So, it is non an cheap fashion of getting the insurance.
Shawn Military camp Insurance Agency, Inc.
- #22
- Super_Chicken
- Deal Addict
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- Sep 4, 2005
- 3143 posts
- 954 upvotes
- Toronto
dc200 wrote: ↑4 drivers, ii cars. from the comments so far, it looks as though the only reason i might annals their car nether someone else'south proper noun is if they wanted themselves added onto the insurance policy as a secondary driver.
Information technology won't really matter who the primary possessor of the auto is. I had my last automobile under my proper noun and my more recent 1 put under my parents. (I wasn't there to sign paperwork they were). It doesn't really matter.
The insurance company see's information technology more as a ratio of cars to drivers. If yous have 4 cars and 4 drivers then everyone is a primary on 1 vehicle each. In your instance you have four drivers and 2 cars. So ideally you put your mom on the sports car, your dad on the family saloon. Y'all and your sibling as secondary on the cheaper vehicle.
In some cases to further reduce insurance me and my siblings signed a letter for our insurance visitor stating we won't bulldoze a said vehicle to avert us existence put as a primary on another. (We had 4 cars, 4 drivers. But 1 car was the fathers sports car so by signing the letter, they saw it as we had 3 cars and 4 drivers.)
I'thou not certain why people are asking if you live at the master residence or not? Wouldn't you lot need to live at that place to be put under your parents insurance?
- #23
- poedua
- Deal Expert
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- May 8, 2005
- 31842 posts
- 1347 upvotes
Super_Chicken wrote: ↑I'm not certain why people are asking if y'all live at the primary residence or not? Wouldn't you need to alive there to exist put under your parents insurance?
I agree.
If you're living on your own ( i.due east the accost on your license confirms that ), and your car is registered in your own name, presumably you lot're the primary driver ( equally you lot drive it almost exclusively ) - so - you'd be under your own insurance, and not your parents'.
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- #24
- durrsak
- Deal Addict
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- Jun 10, 2011
- 2097 posts
- 624 upvotes
- Etobicoke
dc200 wrote: ↑4 drivers, 2 cars. from the comments and then far, it looks equally though the only reason ane might register their auto under someone else's proper noun is if they wanted themselves added onto the insurance policy as a secondary driver.
+1
If let's say in your parent's policy they accept one car dad primary mom secondary. So yous transfer ownership to your dad your mom would get master commuter on your car thus adding you as an occasional driver (dad becomes 2d driver). Giving you a lot of savings 
.
- #25
- COSMIC5
- Deal Fanatic
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- Aug eleven, 2008
- 9204 posts
- 1753 upvotes
- Ontario
the policy has to read the same as the vehicle ownership - did the insurance company non ask for a re-create of the registration showing this under one of your parents name or even inquire who the vehicle was registred to?
dc200 wrote: ↑Mayhap I'g not getting my point across. Let me put it this way: which of the following two cars would have the cheaper rate?
A. Ownership under parent, insured under parent's policy
B. Ownership under myself, insured under parent's policyI am the secondary commuter for both cars A and B.
RIBO LICENCED INSURANCE Broker, over 35 years experience
- #26
- plebeian
- Deal Addict
- Dec 28, 2012
- 1802 posts
- 369 upvotes
I know guys that do this, non for the discounts simply in case they get divorced.
- #27
- jp149
- Banned
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- April 14, 2004
- 1394 posts
- 648 upvotes
- Toronto
plebeian wrote: ↑I know guys that exercise this, not for the discounts simply in instance they get divorced.
Uhhh sorry to hear that, I'd hate to exist in that marriage, either side.
- #28
- plebeian
- Deal Aficionado
- Dec 28, 2012
- 1802 posts
- 369 upvotes
jp149 wrote: ↑Uhhh lamentable to hear that, I'd hate to exist in that marriage, either side.
A lot of those guys take come from homes where their mom has financially ruined their male parent in a divorce, or have had fathers that would mooch off of their mothers.
They have all sorts of trust issues.
The start time I heard one of them tell me that they did this I was dislocated as to why they would even become married in the start place.
Its not my place to approximate though, and they seem happy enough.
- #29
- renegade141
- Newbie
- Dec 24, 2012
- 38 posts
- ii upvotes
- Northward YORK
dc200 wrote: ↑iv drivers, two cars. from the comments so far, it looks equally though the but reason 1 might annals their motorcar under someone else's proper name is if they wanted themselves added onto the insurance policy every bit a secondary driver.
From my understanding then far, one person cannot be primary driver of multiple vehicles??
I am primary driver for iii cars. 2 are on the road, and ane has been put into storage nether burn and theft.
I haven't added my brother onto any policies even so (he's still in school). But should I presume when I practice, he will automatically become primary driver for one of my cars?
- #30
- joepoonie
- Bargain Addict
- Aug 27, 2011
- 3048 posts
- 346 upvotes
- Toronto
renegade141 wrote: ↑From my understanding so far, one person cannot be principal commuter of multiple vehicles??
I am main commuter for 3 cars. 2 are on the road, and 1 has been put into storage under burn and theft.
I haven't added my brother onto any policies yet (he'south still in school). Just should I presume when I do, he will automatically become main commuter for ane of my cars?
The dominion is if y'all accept two cars and two licensed drivers in your household, one must exist primary on each.
When you need to add together your brother into your policy, yeah, he volition automatically become primary driver under 1 of your cars.
Does he have any license all the same?
- #31
- renegade141
- Newbie
- December 24, 2012
- 38 posts
- 2 upvotes
- NORTH YORK
joepoonie wrote: ↑The rule is if you have two cars and two licensed drivers in your household, 1 must be primary on each.
When you need to add your brother into your policy, yeah, he will automatically become primary commuter nether i of your cars.
Does he have any license notwithstanding?
Aye he but got his G2. I see what your saying, by following the dominion, I should be notifiying my insurance agent most a new driver.
Now another thing, in my household there are five cars in total. 3 are mine. 1 is older sis. 1 is shared between parents. I know for sure none of their names are added to my policy equally 2nd drivers or tertiary. The insurance company is well aware of the amount of cars since i have the mulit car discount applied for all vehicles. I guess when i do add him to a policy, i tin can pick and choose which car he will be added to. Only he won't be able to infringe anyone elses car. Am i correct?
Sorry OP for thread jacking.
A lot of loftier school students I know exercise this with their insurance. They buy the car and annals it under their dad's name and theirs as well. Joint ownership. The dad is primary to his car and his son'southward. The son is 2nd driver. The son volition pay the full portion of the dad'due south insurance and his ain on his automobile. Which works out to being cheaper than having himself listed as primary driver. I recall this is the trick to getting cheaper insurance.
- #32
- COSMIC5
- Deal Fanatic
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- Aug xi, 2008
- 9204 posts
- 1753 upvotes
- Ontario
if he resides in the same household y'all are obligated to propose your insurance company of all lic'd drivers in the household and if yous practise not y'all could exist cancelled by non disclosure..and to answer your question, yes he volition be principal on 1 of the cars.
renegade141 wrote: ↑From my understanding so far, one person cannot be master driver of multiple vehicles??
I am principal driver for 3 cars. 2 are on the road, and i has been put into storage nether fire and theft.
I oasis't added my brother onto any policies yet (he's still in schoolhouse). Merely should I assume when I practice, he volition automatically become primary driver for one of my cars?
RIBO LICENCED INSURANCE Banker, over 35 years feel
- #33
- COSMIC5
- Bargain Fanatic
-
- Aug 11, 2008
- 9204 posts
- 1753 upvotes
- Ontario
most insurance companies will identify the commuter with the highest rating on the highest rated vehicle - this allows them to drive any vehicle on the policy.
You need to propose your insurance company of all the lic'd drivers in the household and their insurance company & policy number and they have to do the aforementioned with your data.
renegade141 wrote: ↑Yeah he only got his G2. I run into what your maxim, by following the rule, I should be notifiying my insurance agent about a new commuter.
At present another affair, in my household there are 5 cars in total. 3 are mine. 1 is older sister. 1 is shared between parents. I know for sure none of their names are added to my policy as 2nd drivers or third. The insurance company is well aware of the amount of cars since i have the mulit car discount practical for all vehicles. I approximate when i do add together him to a policy, i can choice and cull which automobile he will be added to. Just he won't exist able to borrow anyone elses car. Am i correct?
Sorry OP for thread jacking.
A lot of high schoolhouse students I know practise this with their insurance. They buy the car and register it under their dad'south name and theirs as well. Joint buying. The dad is primary to his car and his son'southward. The son is 2nd driver. The son volition pay the full portion of the dad's insurance and his own on his car. Which works out to being cheaper than having himself listed as primary driver. I call back this is the trick to getting cheaper insurance.
RIBO LICENCED INSURANCE Broker, over 35 years experience
- #34
- renegade141
- Newbie
- Dec 24, 2012
- 38 posts
- 2 upvotes
- North YORK
thanks for the info
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