Kanetix Forum

Want to know if i can insure a car not in my name, for myself to use to get back and forth to work, cause cannot afford to buy my own car at this time

Thank You,

Dan

Currently you cannot take out insurance on a vehicle that is not registered in your name.

Insurance policies require something called "insurable interest" which means that you would stand to lose financially if the vehicle was involved in a loss.

In your situation, you have two options, your friend can transfer ownership into your name, if they are giving the car to you. Otherwise, they can add you as a driver to their auto insurance policy.

Sean Graham, KTX Insurance Brokers

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.