good intent
Junior Member
What is the name of your state? FL
Hello . . .
I was given a gift of a car from family due to my being disabled & very limited financially. When I was given the car less then a year ago, I insured it with both mine & my live in future wife on the policy. After a scare from some old medical bills that I have no way of paying, I transfered the title into her name and made a sales agreement & had her sign the title on the chance we broke up. (Not a very likely option since we plan to get married, and would already be married except for both of us having some medical problems & a few hurricanes messing up our financial situation. I only have SS Disability for income, so we are always tight financially.)
Several months ago I transfered the title to her with the agreement noted above and her signing it. She was listed on my insurance and everything is exact except for the change on the title. We live together.
She had an accident where she had a kid on a bicycle dart in front of her and she hit a concrete light pole that according to the estimate it comes within a thousand or two of the value of the car and totaling it.
I received an email from the insurance company asking me to tell them which one of our names the car is titled in. They said they needed to know before the policy runs out in a couple months because if it's ownership has changed they need to re-write the policy when it is renewed.
I had informed them when we switched the title and they said when we could we should re-do the policy when possible . . . . (something we didn't have the funds for the last two months, but intended to do as requested on renewal of the policy) . . . but they never said we were not covered. They continued to accept my premium and it's paid in full. Every detail with both names still on the policy and only the title change from me to her have changed.
Are we facing the insurance company trying to avoid paying for the car? What solutions do we have if that happens?
THANK YOU for your advice and time!!What is the name of your state?
Hello . . .
I was given a gift of a car from family due to my being disabled & very limited financially. When I was given the car less then a year ago, I insured it with both mine & my live in future wife on the policy. After a scare from some old medical bills that I have no way of paying, I transfered the title into her name and made a sales agreement & had her sign the title on the chance we broke up. (Not a very likely option since we plan to get married, and would already be married except for both of us having some medical problems & a few hurricanes messing up our financial situation. I only have SS Disability for income, so we are always tight financially.)
Several months ago I transfered the title to her with the agreement noted above and her signing it. She was listed on my insurance and everything is exact except for the change on the title. We live together.
She had an accident where she had a kid on a bicycle dart in front of her and she hit a concrete light pole that according to the estimate it comes within a thousand or two of the value of the car and totaling it.
I received an email from the insurance company asking me to tell them which one of our names the car is titled in. They said they needed to know before the policy runs out in a couple months because if it's ownership has changed they need to re-write the policy when it is renewed.
I had informed them when we switched the title and they said when we could we should re-do the policy when possible . . . . (something we didn't have the funds for the last two months, but intended to do as requested on renewal of the policy) . . . but they never said we were not covered. They continued to accept my premium and it's paid in full. Every detail with both names still on the policy and only the title change from me to her have changed.
Are we facing the insurance company trying to avoid paying for the car? What solutions do we have if that happens?
THANK YOU for your advice and time!!What is the name of your state?