Y cant u put insurance on a car you dont own for in michigan?

Question:
i did last year for two of my brothers,and the policy's only ran out two weeks ago

Answers:

Please Help!?

With most companies in order to insure a vehicle you have to have a financial interest in the vehicle. There are some companies that will let you insure a vehicle so long as you are the driver of that vehicle even if you don't own it.

Where can you submit damage claims to the WV state road?


Your brothers should each have their own policy. It might seem like a good deal to have all your vehicles on one policy but if one of them gets into a bad accident it follows you around since it goes on your insurance.

If your State makes it Law to have auto insurance,, then don't you think it should be a flat rate for ALL*

If you don't own the car then you have no vested interest in the car. If it is damaged, you could file a claim and keep the money and then the car doesn't get fixed and the owner is out of luck. It stops a lot of phony claims. Good luck

When do I find out if I have to pay deductible for car accident?

Why would you want to? You're putting your neck on the line for someone else! Let's say your brother gets into an accident that kills someone, and you carry insurance for a car your brother owns & drives. Technically since you have no financial interest in the car the insurance company has no obligation to pay the claim, they are insuring you, not your brother. Very bad idea!
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