Question about auto insurance. My daughter's boyfriend has a permit. He is planning to get his license soon. We have found a good older car for him. Can I purchase it in my name, insure it on my policy and let him drive it (supervised) and when he gets his license let him drive it until he finds insurance. Then we will put it in his name and insurance. Are there any reasons not to do this?
We live in North Carolina. My insurance company is Amica.
I herewith submit the answer
If you are purchasing the car in your name, you are responsible for all the liabilities arises out of the car. Besides, the boyfriend also liable and responsible for negligent driving, as he did not have any license. Moreover, you will have to loose insurance claims if any,
MASTER OF COMMERCE, BACHELOR OF LAWS, P.G. DIPLOMA IN PERSONNEL MANAGEMENT AND INDUSTRAL COUNSELING