As with many insurance-related issues, the answer to this question can vary by state and by insurance company.  In most cases, in order to insure a vehicle, you must be able to show that you have an insurable interest in the vehicle. Insurable interest means that you would suffer a financial loss if your vehicle were to be damaged. For example, if your car was damaged due to an auto accident, you would suffer a loss. On the other hand, if your neighbor’s car was damaged, you would not suffer a loss, as you would with your own. Insurable interest is required to prevent individuals from benefiting from the insurance on the property (or even lives) of others.

There are instances, however, where you can insure a vehicle when your name is not on the title. For example, your parents could loan you a car to drive for a few years and ask that you take care of the coverage. In this case, some insurance companies will require that the owner, in this case one of your parents, be listed on the policy as well.

There are other situations where you may be driving a car that you do not own and will need coverage. You may be driving a commercial vehicle owned by your company. In this case, you will often be covered on a commercial policy.  If you are renting a car, insurance can be purchsed through the rental company.  In addition, if you don’t own a car, there is a form of coverage that may be purchased called a non-owner operator policy, which will cover your liability while operating a vehicle you do not own.

Your unique situation may be different than these mentioned above.  If you find yourself needing converage on a vehicle you do not own, contact a PoliSeek representative. They can help you to find the right insurer to fit your needs.

Now that winter is officially here, many people will be storing their summer only vehicles. These can include muscle cars, classic cars, or even cars that don’t handle well in the snow and adverse conditions. When storing your vehicle for the winter, there are a few things you should do in order to make sure that your car is protected and is ready to go when you take it out of storage. Here are a few tips you should follow when storing your vehicle for the winter months.

• Add fuel stabilizer and fill your car’s gas tank. Before storing your car, drive it a few miles to make sure the fuel and stabilizer have completed the fuel system circuit.

• Change the oil and filter.

• Connect a battery maintainer

• Lift the car with jack stands to take pressure off of the tires. If you do not have jack stands, let some air out of the tires so they do not develop a flat spot.

• If possible, store your car in a garage or a cocoon to protect it from paint damage and critter infestation.

Once your car is stored, you may also be able to save some money on your auto insurance by alerting your company that it will be off the road. Since you won’t be driving it for a few months, if possible reduce your coverage to only include, “other than collision” (comprehensive) protection. For more information about auto insurance, please visit PoliSeek.com or contact us at 866-540-7335.

This content is offered for educational purposes only and does not represent contractual agreements. The definitions, terms and coverages in a given policy may be different than those suggested here and such policy will be governed by the language contained therein.  No warranty or appropriateness for a specific purpose is expressed or implied.