Can ownership and insurance be under different names Ontario?

In Ontario, dual ownership of a car can be granted to any two parties, whether they are friends, relatives or colleagues. The way it works is that both names will be put on the driver’s permit and any paperwork, such as the transfer of car ownership, must be signed by all parties.

Can the insurance and vehicle ownership be in different names?

Ans: No. You cannot transfer the RC or registration certificate of your car to someone else’s name without a vehicle insurance policy. This is because car insurance is one of the documents to be submitted to the RTO to get your four wheeler’s RC transferred.

Can I insure a car owned by someone else in Ontario?

Only the registered owner can insure the vehicle because they have a financial interest in it. However, the registered owner may list someone else as the principal operator of the vehicle.

Can you keep insurance after selling car?

Even though you might not plan to drive the vehicle you’re selling, you should keep it insured until you complete the sales transaction. For one thing, people who come see the car will want to take it for a test drive. If you bring the car to potential buyers, you’ll need to be insured while you drive it there.

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Can I insure a car if I’m not the registered owner?

No, in most cases, it’s unlikely that you’d be able to insure a car that isn’t in your name. … Generally, whoever is the titled owner of a car needs to be the one to insure it. Car insurance companies want to make sure the primary policyholder has what’s called insurable interest in the car they’re insuring.

Can someone insure a car that is not theirs?

Generally, no. A person cannot get an auto insurance policy on a car that they do not legally own unless they can prove to the insurance company that they have an insurable interest in the vehicle.

Can you transfer car insurance from one car to another?

Almost all insurance providers allow you to transfer your policy from one car to another, and they’ll amend the policy to reflect that. … Almost all insurance providers allow you to transfer your policy from one car to another, and they’ll amend the policy to reflect that.

Do you lose your no claims if you sell your car?

The same is also true if you sell your car and wait for a period of time before finding a replacement. You cannot keep a policy running without a vehicle attached to it so any partial year’s NCD earned will be lost and your NCD proof will be provided with the level you had attained at the last renewal.

Can you have two policies one car?

Is it illegal to have two policies on one car? No, doubling up on your car insurance isn’t illegal. However, if you make a claim from two insurance providers, you can’t try and claim for the full amount from each of them. Doing so is considered fraud, and that is illegal.

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