Can you insure someone else's financed car?

Answer Answer No. Insurance cannot be obtained on property which the policy holder has no vested interest or ability to control.

Top Q&A For: Can you insure someone else's financed car

Can you insure a car that is financed under someone else's name?

Answer Probably, some companies only require that you have care custody and control of the vehicle in order to be the named insured. Other companies require that you be the registered owner. The ... Read More »

What happens if my financed car is totaled?

If your financed car is totaled, the insurance company will pay the fair market value of the vehicle to your finance company. If the fair market value is below your payoff amount, you will owe the ... Read More »

I need a bike but i cant get financed?

Pay cash.Here's how I bought my first, as I couldn't pay the full amount at once:Found a bike for sale (easy part).Arranged a down payment and payment schedule with the seller. Made down payment.Ma... Read More »

Should a company be financed entirely with debt?

On One Hand: Debt Increases the Value of a FirmAccording to the Nobel Prize--winning Miller-Modigliani theorem, the value of a firm will increase with an increase in the amount of debt used by the ... Read More »