Legal Question in Insurance Law in New York
mandatory insurance
my husband and i secured a loan from the credit union, he's the primary. we purchased a car and i insured and registered the car in my name. my husband does not drive. is it mandatory that he insured the vehicle?
Asked on 7/19/06, 5:02 am
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
Re: mandatory insurance
In New York, the registered owner of the car is legally liable for any accidents, so liability insurance is required (to register the car, among other things). Anything further would result from a) the loan agreement or (b) common sense: collision and comprehensive is a good idea on a new car, even if it's not required. But I don't know of any lender that doesn't require it.
Answered on 7/19/06, 6:44 am
Related Questions & Answers
-
Life Insurance Policy My ex wife passed away and left me beneficery of her... Asked 7/06/06, 7:04 pm in United States New York Insurance Law
-
Overpayment refund request What is the law for a non- participating provider to pay... Asked 6/28/06, 11:59 pm in United States New York Insurance Law
-
Unknown, unregistered vehicle I was involved in an accident back in the fall of... Asked 5/31/06, 6:19 pm in United States New York Insurance Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
