Registered in brothers name but insured in mine?

Answers:2   |   LastUpdateAt:2012-09-07 21:56:02  

Question
upbeat
Asked at 2012-08-16 15:40:32
My brother gave me his car after a DUI, but is being funded in his name ( My credit is bad, so I'm not being added to your loan). I'm making the remaining payments to him. I'm sure the car in my name , but still registered in his name. To renew registration, must submit a FR44 (Virginia ) with your insurance company that he has more. No I have to file my insurance if he is not in it?
Answer1Michael TurnerAnswered at 2012-08-29 15:59:02
if the same plan
Answer2daniellaAnswered at 2012-09-07 21:56:02
The problem now is its in your name and all anyone has to do is to check its still registered to him . You need to know what is out shopping for the car ( it's cheaper in the long run to pay cash you can save a lot of interest) now has a couple of problems which is not what you are doing legal insurance believes the owner of the car that is registered to someone else as the owner and should not be in the way . The first cop that pulls more likely to impound the vehicle anyway. I doubt getting the loan was never an option at this time you did a great marinade for all this. good luck buying the car that put his name
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