Vehicle Insurance Renewal Cape Coral Florida FL

Reader’s Question:

I am planning to get insurance in Cape Coral, Florida for my vehicle. Do I have to register my car in Florida also? My vehicle is registered in Kentucky. My current car insurance carrier informed me that since I moved here in Cape Coral, they cannot renew my car insurance.

John

Cape Coral, FL

Yes, your vehicle has to be registered in the state of Florida since it seems that you have moved in Cape Coral FL permanently. The Florida Department of Motor Vehicles states that an automobile is required by law to be registered within 10 days of the vehicle owner becoming either placing children in public school, being employed or becoming a resident. If you are past the ten day law on registering a vehicle and the state finds out about it there could be some fees added to the car registration cost.

Florida law require FL auto insurance also. Only insurance countersigned or issued by a FL car insurance company is electronically reported to the Florida Department of Highway Safety and Motor Vehicles for verification purposes.

 

Tags: auto insurance

Leased Automobile Insurance Orlando Florida FL

Reader’s Question:

I co signed a leased car for my 29 year old son. He moved out last year and I am not sure when he will return but my problem is that the vehicle is still on my car insurance policy. So I am wondering what my options are in this kind of situation. We live in Orlando, Florida.

Pamela

Orlando, FL

You actually have a lot of options Pamela but this still depends on where the automobile is garaged. If the automobile is garaged in where your son lives, you must take your son and the automobile off from your car insurance policy in Orlando Florida. Most insurance carriers will not insure a vehicle in one more household from a single policy unless of course your son is a student and is attending college in the same state where the car is originally insured. If you choose to remove the automobile from your car insurance policy, you have to make sure that you can do this without violating the terms on the lease because you may be putting your credit score at risk since you are the co signer on the leased car.

If the car is garaged in your residence in Orlando Florida and your son does not drive the vehicle in a daily basis, you must remove your son’s name on your car insurance policy. If you are going to remove your son on your car insurance policy, you will probably be required to show some proof that he no longer live with you.

Another option that you can do is to return the vehicle from the dealer. Lastly, the best thing to do is to speak with your car insurance company and the financing company so you will be able to know what is the best thing you can do.

 

Tags: auto insurance, car insurance rate