Bring on the Rain - Part 2

[saffie]

Sue,

I know things could well be very different over there to here...but over here ownership of a vehicle and insuring it are two different things. For examplw, when I was younger, my dad owned my first car, but I had my own insurance policy on it...to build up my no claims discount. Basically the only rule was that you can't insure the same vehicle twice, so that if it is involved in an accident two people can't claim on it. Proof of ownership does not relate to insurance. I sure hope it is the same for you and then you can just take your H off the insurance but still have the loan in his name. The loan does need to be in the name of the person who owns the car though I would think, as the car is the asset tied to the loan- unless it is an unsecured loan; just depends on the type of the loan.