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Contributor
Rahul Verma
Posts: 27
Registered: ‎23-08-2017

Can I continue the insurance in the name of the previous owner even after the vehicle is transferred

Can I continue the insurance in the name of the previous owner even after the vehicle is transferred in RTO records in my name?

1 ACCEPTED SOLUTION

Accepted Solutions
Regular Contributor
Arti
Posts: 182
Registered: ‎30-08-2021
Solution

Re: Can I continue the insurance in the name of the previous owner even after the vehicle is transfe

Dear Sir , 

 

It would not be advisble to continue insurance in the name of the previous owner even after the vehicle is transferred. In the event of a claim, if the name on the transferred RC and the policy differs, there could be claim denial. 

 

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2 REPLIES 2
Contributor
Suraj Bhagat
Posts: 25
Registered: ‎28-08-2017

Re: Can I continue the insurance in the name of the previous owner even after the vehicle is transfe

No. Registration and insurance of the vehicle should always be in the same name with the same address. Otherwise the claim is not payable. A fresh proposal form needs to be filled in. There is a nominal fee charged for transfer of insurance.

Regular Contributor
Arti
Posts: 182
Registered: ‎30-08-2021
Solution

Re: Can I continue the insurance in the name of the previous owner even after the vehicle is transfe

Dear Sir , 

 

It would not be advisble to continue insurance in the name of the previous owner even after the vehicle is transferred. In the event of a claim, if the name on the transferred RC and the policy differs, there could be claim denial. 

 

View solution in original post