To buy an auto insurance policy that isn't from the owner, you'll need to talk to an agent on the phone or in person. Not all insurance companies offer policies for people outside the owner, and those that do offer policies don't offer online quotes. To buy a non-homeowner's policy, you'll need your driver's license number and a credit or debit card. No, in most cases, it's unlikely that you'll be able to insure a car that isn't in your name.
However, you can co-title a car or add someone as a designated insured person to your auto policy. This is because insurance providers work to mitigate risk and it is considered dangerous to insure anyone who lies to them. Fabio Faschi, home and car expert at Policygenius, suggests that anyone who is trying to figure out how to insure a car they don't own should take out insurance that they don't own. However, non-homeowners insurance is available as liability coverage only to those who rent vehicles regularly, want to restore their driving privileges after a license suspension, use shared car services frequently, or borrow other people's cars.
Auto insurance companies want to make sure that the primary policyholder has what's called an insurable interest in the car they're insuring. However, as we mentioned, it's quite difficult to take out a policy for a car that you don't own, and many insurance companies may simply refuse to issue a policy for someone other than the owner of the vehicle. Since the car is for your business, not for your personal use, you'll need to take out a commercial auto insurance policy. When you try to insure a vehicle that you don't own, auto insurance companies will be wary of fraud and will be much less likely to allow you to take out a policy.
The final insurance policy premium for any policy is determined by the insurance company upon application. If you're only borrowing a car temporarily, the vehicle owner's insurance policy will most likely cover you. If you have to take out car insurance for a vehicle that isn't yours, you'll need to consider which insurance providers are willing to offer you a policy. Maybe your family member technically owns the car, but you agreed to pay for car insurance in order to use it, or you gifted a car to your newly licensed teen, but you want to add it to your car insurance policy.
You generally can't insure a car that you don't own, because you don't have what's called an insurable interest in the car. When you're ready to get new car insurance (in your name, for your own car), Clover can help you shop.