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Old 04-14-2012, 09:35 PM   #9
Particle Man
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Join Date: Nov 2008
Location: Central NY
Moto: 2003 SV650S
Posts: 14,959
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Quote:
Originally Posted by pauldun170 View Post
In new York, the registration ( or maybe it's the title ) has to be in you name for you to be able to insure it.

Could be wrong...
Naturally in NY (and insurance in general) it isn't as simple as that.

In order to insure a vehicle in NY (and many other states for that matter), you have to be able to demonstrate Insurable Interest which is generally done by being on the title but can also be done via being the registrant. It's determined more by individual carriers' underwriting guidelines than anything else.

This is a question not easily answered - your best bet is to contact your insurance company (or better yet, a local agent who deals with multiple carriers) to walk you through your options. They'd also work out the policy guidelines like who would get the check in the event of damage, etc.

Short answer is, it can be done but depends on through whom you're trying to insure the bike.

A better solution would be to be added as a driver on his policy but that may have a long-term impact on his rates even after you've been removed from the policy.
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