When buying car insurance does the insurance have to be in the same name as the rego?
Sunday, August 29th, 2010 at
5:55 pm
I’ve just bought a new car and the rego is in my name, can I buy the insurance under my partners name, or does the insurance have to be in the same name??? I live in NSW in Australia.
Tagged with: australia • Insurance • New Car • Rego
Filed under: Car Insurance
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Generally insurance companies that are insuring you want you to have "insurable interest" meaning ownership of the vehicle. They would usually want the 1st named insured to be a registered owner but after that they do not care how many operators you add to your policy that have your permission to operate your vehicle. That at least for California in the USA. But there are "broker companies" out there that wouldn’t require this but its just not as common.