Can I add my daughter's boyfriend's car to my policy?

My daughter's boyfriend is financing a car. Since insurance is going to be expensive for him, I thought I could add the car to my policy to save him some money. Is this possible?

Answer
This probably isn’t possible due to the simple fact that most insurance providers want you to have an insurable interest in the car. This means if the car is damaged or totaled, you would be hurt financially.
In most cases, the only people/entities that have an insurable interest and are allowed to get car insurance are vehicle owners and lienholders. So your daughter’s boyfriend will likely have to get his own policy.
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Carol Chung
Answered on Apr 12, 2021
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