6 months ago
Last edited at 9:39PM on 9/6/2013
If you buy a vehicle and the seller leaves their insurance coverage on it until you can take it home, and transfer title. It is only temporary until title is transferred. Once you have transferred title the coverage will not be bound to the car that doesn't belong to the policy holder. They need to cancel their insurance policy because the insurance company will not pay a benefit for a car that no longer belongs to the policy holder.
The onus would be on the new owner to arrange for coverage.
i am astonished that - 1. you would actually expect the seller to pay for your mistake, and - 2. you could consider ripping up the bill of sale as a way of avoiding your responsibility. - where is your integrity? how sad that you have none. the very idea that there are people like you, willing to be so dishonest and manipulative, is disheartening.
If you owned another car, your policy probably covers any new car you buy for a limited period of time; long enough for you to notify your insurance company that you own this vehicle. If you were driving the vehicle with the owner's permission, and he or she still owned the car, then your driving would be covered. If the title has been transferred into your name, the seller's insurance no longer covers the vehicle.