Hi All
Can anyone tell me, my friend's car is insured in one name and the registration documnet is in the name of a different person(previous owner who is not even in the country anymore) they are holding it until the cars is completely paid for. They have a simple sale agreemnet on a piece of papper etc. What happens if he wants to make a claim on the insurance policy, the car is basiclly a write off?
Can anyone tell me, my friend's car is insured in one name and the registration documnet is in the name of a different person(previous owner who is not even in the country anymore) they are holding it until the cars is completely paid for. They have a simple sale agreemnet on a piece of papper etc. What happens if he wants to make a claim on the insurance policy, the car is basiclly a write off?