( Father )No , licenced car owner,and (daughter) the primary driver?

by Chantel
(Toronto, Ont, Canada)

Is it possible to transfer my car to my Fathers un-licenced name,as owner, and have me as the primary & ONLY driver?

I am currently going through some financial hardship, and the car is worth over $5000, so instead of me selling the car totally...My father is looking at it as collateral, but I would be driving it.
There is no other person that I trust to do this, And I dont want to be on anyone else's policy.

There must be a solution to this problem?

Transfer Car to Unlicensed Father?


To register a vehicle he needs insurance. And to get insurance he needs a license. So it can't be solely in his name. You might be able to register it in both of your names though. Check into that.

Please be sure to discuss this further with a licensed insurance representative. Oh, and by the way, are your rates too high? Check here:

FREE Auto Insurance Quotes


Other Pages of Interest
car insurance in Ontario Canada
Car Insurance Canada
Car Insurance Quote Canada
Auto Insurance Questions

Or Ask another question at Ontario Auto Insurance Questions and Answers

Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page.

www.canada-insurance-source.com

Comments for ( Father )No , licenced car owner,and (daughter) the primary driver?

Average Rating starstarstarstarstar

Click here to add your own comments

Mar 20, 2012
Rating
starstarstarstarstar
Comments
by: Canada Insurance Source

To the two posters who commented. I gather you are both in the insurance business. If you'd like to be contact with me directly, feel free to use the contact form.

The contact form is found through the menu on the left (near the bottom). When you get to that page, scroll to the very bottom of the page (past the footer).

I will disable it again in the next few days to a week as the volume of inquiries I receive is too high...

Mar 17, 2012
Rating
starstarstarstarstar
Insurance In Ontario
by: Anonymous

Insurance can be placed in an individuals name/joint/or in a business name. The named insured of a policy is the registered owner and is responsible for the terms of the policy. The named insured is not required to drive his vehicle himself, but is required to have insurance on it if it will be operated on public highways.

Any person operating a automobile in Ontario must hold a valid license for their class of vehicle.

A change of registration in this case will give you both responsibilities, rather than just you as presently registered.

I believe there is an allowance to keep a vehicle if it is upto a specific dollar amount. I would cold call and make a general inquiry.

Mar 01, 2012
Rating
starstarstarstarstar
Broker
by: Anonymous

You do not need to be licenced to own a vehicle. You would have to transfer the vehicle ownership to his name and he would have to get a policy in his name with you as the principal operator. Be careful though, if you are doing this to avoid having to sell you car due to bankruptcy, they specifically ask if you have sold assets in the past year.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Your Ontario Auto Insurance Questions.

Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.

Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

Compare insurance quotes through Kanetix.ca - save time and money!