ChatterBank5 mins ago
car insurance
2 Answers
can a car still be insured by the preverse owner and the new owner with two diffrent compenies
Answers
Best Answer
No best answer has yet been selected by deandavey123. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Anythin, not just a car, can only be insured ny someone (or something) that has an insurable interest in it.
Insurable interest includes ownership, responsibility under contract, as in HP, lease or hire. As a previous owner has no interest in a vehicle he (or she) has sold, they cannot legally insure it.
Insurable interest includes ownership, responsibility under contract, as in HP, lease or hire. As a previous owner has no interest in a vehicle he (or she) has sold, they cannot legally insure it.