What does vehicle owner mean?
3 Answers
Vehicle owner profile is a brief introduction of the vehicle owner, generally including basic information such as the owner's name, gender, ID number, and workplace. It refers to the legal owner of the vehicle. Below is an introduction to vehicle owners: 1. When the driver and the owner are in a marital relationship: Since marital property is generally managed as joint property during the marriage, regardless of which party is registered as the owner or who is the driver, the accident liability is ultimately borne by the family. 2. When the driver and the owner have a vehicle borrowing relationship: It is common for relatives and friends to borrow vehicles. However, if a traffic accident occurs while the driver is using the borrowed vehicle, the driver is generally responsible for the corresponding liability as determined by the accident report. The vehicle owner is not liable. 3. When the driver and the owner have a vehicle rental relationship: This situation usually occurs between the user and owner of commercial vehicles such as taxis, or between individuals and car rental companies. For taxis where the rental relationship is clearly defined by agreement, the vehicle's use is based on the rental arrangement.
Last time I sold a used car, I specifically researched this concept. The vehicle owner refers to the legal owner registered with the DMV - whoever's name is on the green book (vehicle registration certificate) is the official owner. For example, even though my wife primarily drives the new car I bought, since only my name is on the registration certificate, I'm still held responsible for any accidents. During title transfer, both parties must be present - only after the seller receives payment, signs the paperwork, and the DMV updates the records with the new owner's name is ownership officially transferred. When taking out an auto loan, the bank will register a lien on the green book, temporarily restricting ownership rights. Remember this is completely separate from who actually drives the car - when a friend borrowed my car and hit a guardrail, police checking the registration still came after me for compensation.
Having worked in the insurance industry for seven years, I review the vehicle owner section on policies daily. The vehicle owner is the registrant whose ID copy you must provide when purchasing compulsory traffic insurance. The key point is the alignment of three documents: the name on the vehicle license, the registered license plate information, and the owner details on the green book (vehicle registration certificate) must all match. For example, when buying a used car, if the seller delays transferring ownership and an accident occurs while the car is still registered under their name, any resulting premium increase will be attributed to them. However, the buyer faces greater risks—unable to handle traffic violation fines and needing the original owner's cooperation for future sales procedures. Nowadays, there's an increasing number of co-owned vehicles between spouses. In such cases, both names appear in the second column of the green book, granting both parties the right to dispose of the vehicle.
