Can my employee get her own car insurance for a vehicle I own?
I bought a car for one of my staff members. She plans to make the monthly payments on the car. My name is on the title, but can she get her own insurance policy anyway?
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Answered on Apr 19, 2021
“Yes, your employee can definitely get her own car insurance.
In this situation, it’s strongly recommended that she get full-coverage insurance. You can be listed on her policy as an additional interest, which will ensure that any claim payout after an accident goes to you to pay off what she owes you.”
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