If you’re like most people, you probably have a few cars in your driveway that are not registered in your name. Maybe you inherited one or you bought it used. In any case, it’s important to keep track of which car is registered in which name, especially if you’re planning to drive it. Here’s how to do it with Geico!
What is Geico?
Geico is an insurance company founded in 1936, and headquartered in Baldwin Park, California. Geico provides car insurance, homeowners insurance, motorcycle insurance, and a variety of other insurance products. Geico also offers a variety of discounts and special deals for its customers.
Geico has been praised by Consumer Reports as one of the best car insurers in the United States. Geico is not a full-service provider like AIG or State Farm; it only provides car insurance. However, Geico has a very low rate for collision coverage, which makes it attractive to many people.
Geico does not require that you have a license to drive or a Drivers License. In fact, you don’t even have to be a U.S. citizen to get Geico car insurance.
Geico also offers motorcycle insurance and homeowners insurance.
How Geico works
If you’re like most drivers, you probably have at least a few vehicles in your fleet that are not registered in your name. This is commonly referred to as “nameplate fraud,” and it’s something that can lead to some serious problems if you don’t take steps to prevent it. One of the best ways to protect yourself from this type of problem is to get insurance through Geico.
Geico doesn’t just insure cars that are registered in your name – they also insure vehicles that are not registered to anyone in your name. This means that even if someone steals your car, or if it gets stolen without your knowledge, Geico can help cover the cost of repairs or a replacement.
In addition to protecting you financially, this type of coverage can also help deter criminals from trying to steal your car in the first place. By having insurance in place, you make it more difficult for them to profit from the theft – and that can save you a lot of trouble and hassle down the road.
So whether you have one car that’s registered in your name but parked at home all the time, or you have several vehicles that aren’t registered to anyone in particular, Geico can help protect
Why would I want to use Geico?
If you have a car that’s not in your name, Geico may be able to insure it for you. In fact, we offer automatic insurance on cars not in your name with select drivers. So if you’re the primary driver and your license is in your name, Geico will take care of the insurance for you. Plus, we’ll reimburse you up to $100 per day if you’re unable to use your car because of a natural disaster or other emergency.
To learn more and see which drivers are eligible, visit geico.com/insure/notinmyname.
What are the risks of not using Geico?
If you don’t use Geico, there are several risks you run. Firstly, if something happens to your car and it’s not covered by the policy, you could be out of luck. Geico only covers cars that are registered in your name. If something happens to your car and it’s not in your name, you’re out of luck. Secondly, if you get into an accident and the other driver doesn’t have insurance, they could sue you and potentially win. If they win, they could take away your car, your house, and even take away your children–all because you didn’t have Geico coverage. So make sure to use Geico if you can–it’s worth the peace of mind it provides.
Conclusion
When it comes to buying a car, one of the most important decisions you’ll make is who will be driving that car. If you don’t have full ownership and control of the vehicle, then your insurance company may not be willing to insure it. That’s why it’s so important to carefully research all of your options before making a purchase, especially if you’re not sure who will be driving the car. Fortunately, there are several ways to insulate yourself from this risk and still buy a car without risking financial ruin.