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If you buy a vehicle from someone and wreck it while the vehicle is still insured from the seller, does that policy cover the buyer?

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Once you have a bill of sale, the seller's insurance is voided. If they don't own it, there is no need for them to insure it.

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what if i rip the bill of sale up? i havent signed the title yet.
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That would be fraud, and is illegal. I am sure the previous owner will say the car was sold and will have a record of the sale.
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rshackleford

I'll bet the insurance company will say no.

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The policy does not cover you since you already bought the car. The insurance is already void and the company cannot cover you. You will need to speak to the relevant insurance company to learn more.

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what if i rip the bill of sale up? i havent signed the title yet
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You would let the seller take responsibility of your wrecked car? Causing their insurance prices to go up, etc? Oh, my.

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No, I'm not going to have the seller take responsibility. He was not at fault, his insurance prices won't go up. I'm just trying to find out if the truck is insured, will that insurance company be able to help me out?
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Well, the problem is...that once an insurance policy gets involved and makes a claim, then, it does go against the policy holders driving record, which can effect the prices of their insurance, etc.
I really don't know if you could get the help of the other persons insurance because you aren't them and it's not your insurance.
My advice to you, get pre-paid legal. It's only about $16 a month and an attorney can help you with this. They take care of the accident for you and even go to court for you. We have used it for years and for any accident and speeding ticket we have gotten. Good luck!
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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.

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you give me hope. i love you.
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If there is still coverage on the car, then you may be in luck .. however, if the previous owner has cancelled the insurance then you will be on your own. Insurance really should be arranged on a vehicle before you drive it (you can arrange it in advance before you even purchase the car) ...as in the case of buying from a dealer. Once you have signed on the dotted line, pay and take possession of the car, you must provide your own insurance.
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i am astonished that
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1. you would actually expect the seller to pay for your mistake, and
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2. you could consider ripping up the bill of sale as a way of avoiding your responsibility.
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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.

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im not trying to screw over the seller. I just want to see if the seller's INSURANCE COMPANY would be able to cover my loss.
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but, what you would be doing WOULD harm the seller, as HIS rates would be raised, HE will have to pay higher premiums, HE could possibly lose discounts that HE earned for safe driving. not you. but hey, no biggie, you will have recovered from your losses, and that's what really matters, right? morality, integrity, honesty, legality- those don't really matter as long as you don't have to pay for your mistakes. (insert the proper amount of sarcasm). bottom line is this: honesty is still the best policy.
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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.

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you rock. great info!
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i payed him the money though. so would the insurance company give me the check or him?
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If the vehicle was yours, the check would be yours, but you wouldn't be getting the check because you owned the vehicle rather than the guy who held the insurance. So, they would send the check to him, they will have to see him as the owner or there's no check.
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your smart. thank you
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You are welcome. Glad to help.
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