by Tara Rocha on February 15th, 2006

Tara Rocha

Question

Help answer this question below.

My brother-in-law, who lives in another state, has taken over payments on my husband's truck. If the title is still in my husband's name, what is the best way to get it insured?

Answers. 1 helpful answer below.

  • by Anonymous on February 19th, 2006

    Anonymous

    First, is the finance company aware of this situation? you may be in violation of your lending contract, especially if the truck is now home-based in another state. this could be a violation of that contract and the finance company could repo the truck. second, if your lender is agreeable to this arrangement, the title of the truck should be transferred into his name. remember, if he has an at-fault auto accident, you will be liable, since the truck is still titled to you and not your brother-in-law. anyone can acquire auto insurance. it will cover you, no matter what vehicle you drive. but, in this situation, i am almost positive your lender's agreement, requires the titled owner to keep auto coverage throughout the life of the loan. to be absolutely safe and covered adequately, i would keep the insurance on the truck as long as your husband's name is on the title. the brother-in-law should also have insurance coverage on said truck. it's a matter of liability.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading My brother-in-law, who lives in another state, has taken over payments on my husband's truck. If the title is still in my husband's name, what is the best way to get it insured?

Follow us on Facebook!

Related Ads

ANSWERBAG BUZZ

Treadmill rental
Title of the life of another
Can i cash a check in my husband s name
Can i add brother in law into our policy auto
How to get title in my name