Insurance Question
#1
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Location: Florida
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Insurance Question
My sister and I like to switch cars every once and a while for a week or two. Would it be ok for her to cancel her insurance on her NX, and I add the NX to my insurance policy that I have for my IS. So I would be the insurance policy holder for both her NX and my IS, but I would have both of us listed on the policy as drivers. She lives one state over if it matters. And it is way cheaper if I insure both cars at my address vs at hers for some reason. Or do we need two separate policies with both of us listed as drivers on each policy? thanks!
#3
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Who owns the cars? Whoever is the owner is the insured party. Generally you can't add a car to your policy if you don't own it and have it registered in your name. There are exceptions ("non-owner policies") but I think you'd find them unduly restrictive.
Last edited by LeapFrog; 06-12-16 at 01:18 PM.
#4
My sister and I like to switch cars every once and a while for a week or two. Would it be ok for her to cancel her insurance on her NX, and I add the NX to my insurance policy that I have for my IS. So I would be the insurance policy holder for both her NX and my IS, but I would have both of us listed on the policy as drivers. She lives one state over if it matters. And it is way cheaper if I insure both cars at my address vs at hers for some reason. Or do we need two separate policies with both of us listed as drivers on each policy? thanks!
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