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Jan 23rd, 2013 | |  Can you lot insure a boat in someone elses name?? #10222598 08/19/14 05:01 PM | OP  Outdoorsman Joined: Apr 2012 Posts: 174 | I accept a boat that my dad gave me to fix up. The title is in his name and I was wondering if I accept to have the title in my name if the insurance policy is in my proper noun?? | | Re: Can you insure a boat in someone elses name?? [Re: cwoodfishing] #10224761 08/20/14 03:03 PM | Joined: Jan 2009 Posts: 185 Insurancepro Outdoorsman | | Outdoorsman Joined: Jan 2009 Posts: 185 | Y'all will want to take him sign it over to you lot. Other wise you have no insurable interest. Cheers | | Re: Can you insure a gunkhole in someone elses name?? [Re: cwoodfishing] #10224978 08/20/fourteen 04:19 PM | Joined: Apr 2012 Posts: 174 cwoodfishing OP Outdoorsman | | OP Outdoorsman Joined: Apr 2012 Posts: 174 | If he signs the title over to me is that enough or do I have to take the championship in my proper name?? The registration on the gunkhole is adept for some other year so I was going to avoid paying taxes at the moment if possible. | | Re: Tin you insure a gunkhole in someone elses name?? [Re: cwoodfishing] #10227754 08/21/xiv 04:52 PM | Joined: May 2010 Posts: 1,175 Archetype Fiberglass Extreme Angler | | Extreme Angler Joined: May 2010 Posts: 1,175 | You tin insure information technology now but if you wreck information technology they will check buying before they write you a check.
Chris
940-458-0164
Chris@archetype-fiberglass.com | | Re: Tin y'all insure a boat in someone elses proper noun?? [Re: cwoodfishing] #10234144 08/24/fourteen 03:23 PM | Joined: Sep 2005 Posts: 26,281 Uncle Zeek aka "Dad"  | | aka "Dad" Joined: Sep 2005 Posts: 26,281 | Typically on any insured item, you lot can get yourself listed as the primary insured party (presumably so you're covered for liability in instance you cause damage to someone else). Then you have the titled owner listed on the insurance every bit 'additional insured' political party, same as your automobile lender or mortgage lender gets listed on those types of insurance. That way your dad is covered likewise.
"Decency is not news; it is cached in the obituaries --but information technology is a force stronger than crime" ~ Robert A. Heinlein
190 Civic Circle, Suite 260, Lewisville, TX 75067
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zac@artimlegal.com | | Re: Can you insure a boat in someone elses name?? [Re: cwoodfishing] #10236084 08/25/14 01:43 PM | Joined: October 2013 Posts: ane,922 Mulholland Extreme Angler | | Farthermost Angler Joined: Oct 2013 Posts: 1,922 | If yous insure it not title in your name, they will just cut the cheque to the titled possessor (your dad) in the event of a claim. As long as you aren't worried about that existence the situation, no problems at all leaving it in his proper name. | | Re: Tin can you insure a boat in someone elses proper name?? [Re: cwoodfishing] #10239233 08/26/fourteen 04:47 PM | Joined: Nov 2007 Posts: 4,824 ssmith TFF Team Angler | | TFF Team Angler Joined: November 2007 Posts: 4,824 | call the insurance co an tell them you want to insure a gunkhole motor an trailer that is not in your name run across what they say. if your dad is giving it to you their is a place on the form for a gift transfer for s small fee it would be meliorate an salve your dad of whatsoever liabilitys that could happen. | Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, Nocona Brian, Rockie Martin, Toon-Troller, Uncle Zeek, Weekender1
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