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Car Insurance Question

Posted on 8/15/17 at 12:56 pm
Posted by Bigryno7
Nashville
Member since Jun 2009
1458 posts
Posted on 8/15/17 at 12:56 pm
I am switching jobs and giving up my Fleet vehicle, so I will be without a car. A friend of mine has an extra truck that he doesn't drive because his company has provided him with a fleet vehicle. I am going to pay him to use his car for a few months until I purchase one. Do I need to get separate insurance on his vehicle? Or does he need to add me to his current policy? Thanks in advance.
Posted by Shepherd
Member since Nov 2009
2947 posts
Posted on 8/15/17 at 2:42 pm to
I did this years ago with the intent to buy. I had a lawyer draw up a document saying it was a lease with an option to purchase. Had it notarized, brought it to my insurance agent and got a separate policy. Peace of mind that I was protected.
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