My husband and I bought a car for my sister in law. Her parents offered to pay the insurance, but the car is in my husbands name. Can my father in law insure it in his name or should the insurer also be the owner of the vehicle?
The owner of the vehicle should ideally insure the vehicle. Your father in law’s banking detail can be specified on the policy. What is more important is that your sister in law is noted as the regular driver of the car.
Car Insurance Additional Information
MiWay offers flexible car insurance to cover losses primarily due to an accident or theft.
In addition to accident or theft, comprehensive car insurance in South Africa covers losses due to fire and explosion, natural disasters like hail and floods and damage to the vehicle’s glass.
Additional options such as car hire and cover for non-standard sound systems and car accessories can also be added to your car insurance policy.
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