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Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n

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Old 02-26-2009, 06:59 PM   #1
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Friend wants to insure his car under my name

What are the risks? Good idea?
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Old 02-26-2009, 07:00 PM   #2
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not worth the risk if he gets into an accident. Tell him to insure under his parents or a relative. Is it worth risking your friendship if anything happens?
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Old 02-26-2009, 07:03 PM   #3
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Yeah i'm thinking bout that right now too..
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Old 02-26-2009, 07:15 PM   #4
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Absolutely not. It's a horrible idea.

It's a deal for him, and nothing but a big risk for you.

As mentioned above, not worth ruining a friendship over.
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Old 02-26-2009, 07:17 PM   #5
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Hmm K, case closed.
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Old 02-26-2009, 07:18 PM   #6
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If your friend is a hot chick, then.........
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Old 02-26-2009, 07:28 PM   #7
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A good friend once told me this. " Never put friendship to a test cause it always disappoint you"

So the answer is NO
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Old 02-26-2009, 07:31 PM   #8
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why does your friend want to do that anyways
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Old 02-26-2009, 07:38 PM   #9
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no risks at all!

I say go for it.

offer to pay as well. There's obviously a good reason why he doesn't want to insure the car under his own name, what do you have to lose?!!!
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Old 02-26-2009, 07:47 PM   #10
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This happened to a family friend.

Let her friend insure their car on her name.
Friend got into hit and run.
victim had witnesses.
ICBC is asking my family friend to come forward
Friend is now gone due to other problems with police


So who's going to pay and ultimately have to fix the problem?
well my family friends mom, but you get what i mean.
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Old 02-26-2009, 07:50 PM   #11
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NO
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Old 02-26-2009, 07:55 PM   #12
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I'll pay you $100, can I insure my car under your name too? PLEASSSSE
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Old 02-26-2009, 07:56 PM   #13
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Old 02-26-2009, 08:00 PM   #14
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Very bad idea.
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Old 02-26-2009, 10:11 PM   #15
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Depends if you can trust the person or not.
But if the person gets into an accident, it's their fault according to ICBC. So they take the full insurance hit, not you.
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Old 02-26-2009, 10:13 PM   #16
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trust or not...NO...let them insure it under their own name
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Old 02-27-2009, 12:34 AM   #17
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Big nono!!!!

What is his reason for doing so?
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Old 02-27-2009, 12:35 AM   #18
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that's a bad idea, i have a friend that did that and the person got into a car accident and his insurance went up
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Old 02-27-2009, 04:22 AM   #19
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i got offered 500$ to do this last week....

fuck that
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Old 02-27-2009, 04:30 AM   #20
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doesn't the car have to be put in your name too?

if so, go for the counter scam. sell his car.
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Old 02-27-2009, 05:22 AM   #21
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Originally Posted by Hot Karl View Post
doesn't the car have to be put in your name too?
no it doesnt have to be.



Id do it for family but not friends no matter how close they are unless i grew up with them and even then... :/
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Old 02-27-2009, 05:56 AM   #22
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didn't this happen with one of the gangster shootouts? not one of the ones recently but i think about a year back with a bmw involved in a drive by shooting... someone reported the license plates and the police went to the registered address only to find out that the person living there only owns the car on paper (lease/registered owner) and it was the person who was shot at was the principal operator.

Last edited by thumper; 02-27-2009 at 10:38 AM.
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Old 02-27-2009, 07:12 AM   #23
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not insuring it under his own name should be a big warning sign. you assume all the risk while he assumes none. even suggesting it to you would make me raise an eyebrow as to what type of 'friend' would ask that of you.
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Old 02-27-2009, 07:56 AM   #24
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so the answer is "NO"
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Old 02-27-2009, 09:08 AM   #25
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Depends if you can trust the person or not
Lay off the drugs, man.
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