Question:
Answers:
Does putting someone else's auto tag and auto insurance in your name give you any ownership of the vehicle?
I think you have to if he is driving your vehicle. But beware, since he is a new driver, your rates may go up quite a bit, regardless of if it is just him or him and his vehicle. If he has his own vehicle, he really should have his own insurance. If your insurance company finds out you have another driver in your household and he is not on your insurance, but has his own, make sure your policy is stated that he is NOT a driver of your vehicle, otherwise your rates will go up also. This may vary state to state, and it is best to check with your insurance company for the best decision for you.
How much can I expect to spend to buy back a wrecked car from insurance?
In most cases you don't need to contact your insurance provider until they get their license. He is covered with a permit since you are riding with him.
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