If you are an auto insurance agent please answer?

Question:

if the vehicle you drive has a title with a signature of release and a signature of new owner,but was never transferred, and was bought out of state, and still has the out of state plates on it from awhile ago, is it technically covered? I told my friend I didnt think so, am I wrong?

Answer:
Whether the car is legally registered or titled really doesn't matter as far as being insured (as long as your ins co has all of the car info). Now there might be a problem if the car is a total loss, because in order to recieve any settlement from the insurance company your friend will nedd to produce a title. Either way your friend needs to just get this taken care of it is against the law (and that may affect your friends insurance rates and license).

You are absolutely right. The car is not covered and it seems a bit "flaky" to me that this possibly unlawful transaction has taken place.

You have 14 days to add it to your policy or get a policy for it. This applies to California (I'm an insurance broker) Good luck!

If you are an auto insurance agent please answer?

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