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QuestionInsurance Question  I am buying a friend's car. I am making payments. Is it possible for me to insure the car even though it is not in my name? He is in London and will not be back in the country for a year.

AnswerAuto Insurance Answer

It can be difficult to find insurance for a car that you do not own and thus do not have your name on the title. Typically most insurance companies will want you to have insurable interest in the vehicle in order to get insurance on it. Having insurable interest means being an owner of the vehicle, co-signer or lien holder.

If you do not have insurable interest in the car, you may still be able to get insurance on the vehicle through one of our partners, Esurance. In some cases they will allow you to purchase a car insurance policy even if you do not own the vehicle. They do require that he is listed on the policy. They do not have this coverage available in every state so to find out if they have it available in the state which you reside in, get a car insurance quote here.

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