Can You Insurance a Car Not in Your Name Geico
If we're honest, sometimes finding the auto insurance company that fits your specific needs can be difficult. Have you asked yourself, will GEICO insurance a car in my name? We have all wondered this. Let me help to clarify a few things for you.
The short answer is yes, but it depends on the scenario.
There are so many scenarios in which GEICO would be able to insure a vehicle in someone else's name. For example, if your brother was being deployed and left his car in your hands, then you would be able to insure that car with GEICO. If your father has a car that he never drives, then once again you would be able to insure with GEICO. As long as the person is your relative you should have no problem insuring the vehicle. Who has ownership of the vehicle that you would like to insure? If it's one of your family members such as your mom, dad, brother, sister, etc. than GEICO will work with you. If you have a cousin, uncle, or aunt who doesn't live in your household, then you would still be able to use GEICO for insurance. There are many awesome insurance carriers out there such as Progressive, State Farm, USAA, Allstate, but I've noticed that GEICO is one of the most lenient companies when it comes to insuring a car that is not owned by you.
A scenario that might not work
There are some scenarios where it might be difficult to insure your vehicle. Insurance providers will work with you if the person is your relative. However, if the person is your friend, then it becomes difficult. For example, let's say that your neighbor is going out of town for 2 months and he gives you permission to use his vehicle, GEICO might not allow you to insure with them. If you want to use a friend's car you more than likely would be out of luck even if the friend lived with you. The only way this would work is if you had some type of written agreement that you are making payments to your friend for the vehicle and you will be the owner of the vehicle. You might have other options below, which will allow you to be insured with their vehicle.
You can be added onto their insurance policy.
This might be the easiest thing for you to do especially if you are a young driver. Insurance companies offer various discounts for teen drivers.
Not only will you be able to insure with GEICO this way but you will also be able to get cheaper insurance rates when you get added onto someone's policy. I know someone who had a hard time getting insurance for the right price because of his driving history. He was added onto some else's policy and now he is paying hundreds less than he would have paid. The only question is, would the other party be willing to have you under their insurance policy? This brings risks because the primary driver would be responsible if something were to happen.
Transfer the car title
Another thing that you can do is transfer the vehicle from the owner's name to your name. Doing this will give you full ownership of the vehicle and you will easily be able to insure the vehicle. All that you have to do is transfer the vehicle over to the previous owner when they are ready to assume responsibility of the vehicle. To get your name on the title you can either buy the car from the family member or you can be gifted the car. Another option would be to get the car co-titled.
The state that live in matters
If a car is not registered in your name, then you might have problems trying to get insurance for that car depending on the state that you live in. In states like Florida and California you should be able to insure a vehicle under someone else's name. However, in states such as New York the name that is on the insurance ID card has to match the name on the registration. There are stiff penalties that can happen if the ID card name and the registration name do not match such as registration suspension. Your local DMV should be able to let you know more about this.
Non-owner car insurance/ rental car insurance
Non-Owner car insurance is for those who do not own a vehicle. With non-owner you will be able to receive liability coverage when you rent or borrow a vehicle from someone. The only time that I would recommend this type of insurance is if you are always renting cars or if you are always driving your friend's car. Once again, non-owner auto insurance is just an option, it's not for everyone, and it doesn't cover physical damage.
Features of GEICO Insurance
Home and Auto – This is a common insurance discount that you will receive when you bundle your car and home insurance policy.
Good driver – Being accident-free for 5 years will help you to receive discounts of up to 26% on certain coverages.
Military – GEICO is one of the best auto insurance companies for veterans. Active or retired military personnel will be able to save up to 15%.
Good Student – Good academics can help you to save up to 15%.
Multi-Car – You will be able to save up to 25% when you insure multiple vehicles.
#1 Mobile app – GEICO offers the top mobile app in the auto insurance industry. Features of their mobile app include your wallet, GEICO destinations, find a ride, virtual assistant Kate, accident assistant, easy estimate, and more.
I strongly recommend that get a quote today.
The smartest move that you can make while searching for the right company is shopping around and comparing rates. Just like different states have different requirements, insurance carriers differ as well. Some insurance companies have less restrictions than others and you might be able to get a better rate. Check quotes to save 10% or more.
Bottom line
In most scenarios GEICO will insure a vehicle that you do not not own. However, you may run into problems if the vehicle is owned by a non-relative. To save the most on auto insurance make sure that you compare rates now.
Can You Insurance a Car Not in Your Name Geico
Source: https://quoteraters.com/will-geico-insure-a-car-not-in-my-name/