Whose name should the insurance be under if the car belongs to my father?
1 Answers
It can be under either name. However, in the event of a claim, the person whose name is on the policy will need to sign for the claim settlement. Below is relevant information about auto insurance: 1. Introduction: Motor vehicle insurance is a type of property insurance, also known as auto insurance, which covers the vehicle itself and third-party liability as the subject of insurance under transportation tool insurance. 2. Motor insurance types: Motor vehicle insurance generally includes compulsory traffic insurance and commercial insurance, with commercial insurance consisting of basic insurance and additional coverage. Basic insurance is divided into vehicle damage insurance, third-party liability insurance, comprehensive theft insurance (theft insurance), and passenger liability insurance (driver liability insurance and passenger liability insurance).