Change of Title ?

[Student]

My stepfather bought my 18 year old a car last year...he is dying now and wants to sign the title over to her. he has insured her under his policy as a second car and it is around $1000 a year,

If she fly's on her own it is about $5,000 a year!
If we put car in her name what are the options?
Should we sign the title over to her mom and then I can insure under our policy? Consequences?

Thanks!
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I don't know why I have a BHO avatar...I hate the guy! Perhaps someone could help me get rid of it?

 

[xrac]

Sounds like that might be an option. It depends upon how many vehicles are in the family. I would get a rate quote first.

 

[superfly33]

Usually signing the car over to her mom's name and putting it on her mom's policy is the cheaper way to go. But getting a quote for both options can't hurt either.

 

[Student]

Went with the mom thing, thanks!

 

[emery011]

It shouldnt matter who the car is titled under, correct? Its a matter of who's policy they're insured with.