If I buy & insure a car under my name for a friend but he still is the driver, what if the insurance finds out?

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Michael S	Don't be stupid! Was this answer helpful to you? Yes / No

Gambit	As long as your friend is declared as the principal operator of the vehicle then there would be no issues with respect to your insurance. However keep in mind that as the owner of the vehicle you are liable for any injuries or property damage your friend causes. So if the damages exceed the liability limit of your insurance you could be in debt for the rest of your life paying off a judgment. Your friend doesn't seem to be overly responsible, so I would recommend against doing this to protect your financial future. Was this answer helpful to you? Yes / No

KungFoolio	He needs his own insurance to cover him as the driver of the vehicle. Just because you are insured, he isn't. When he drives your car, he is an uninsured driver. Was this answer helpful to you? Yes / No

vicki g	Why not buy your friend a bicycle so he can still get around while trying to get his finances in order....You've helped him while protecting yourself. Bikes help with the global green thing too Was this answer helpful to you? Yes / No

American Girl	Think about it... your friend has already demonstrated that he's not exactly responsible. Do you realize, that if the car and the insurance are in your name, if your friend gets in an accident, YOU can be sued. It's your car and your insurance, which makes you responsible too. Was this answer helpful to you? Yes / No

leeplus3	NO NO NO NO. Don't do this!!! Being a good friend is one thing, but this is nuts! I wouldn't do this for my mother and she would NEVER think to ask. Just asking is not a sign of a good friend, knowing that he could affect your insurance rates and standings. Not to mention what happens if he can't work (in this economy it's not a far fetched thought) who's responsible for all the payments???? YOU>>>> Was this answer helpful to you? Yes / No

E.B.	DO NOT DO THIS. This is insurance fraud. Not only in the event of an accident your claim will be investigated and denied - you can face federal charges. No matter how much you want to help your friend, this does not help either of you in the end. This is a hard time financially for everyone but a lapse in insurance is his own fault and he needs to deal with that on his own. Was this answer helpful to you? Yes / No

sydkan	not the smartest thing to do. Unless he is a relative and you live together in a cohabitant situation, insurnace will not consider this. If you do this, it could be construed as insurance fraud and void the policy. A true friend would never do this!!!! p.s. Whats with all the thumbs down answers???? they are all accurate!!! Was this answer helpful to you? Yes / No

PMack	Do NOT do this. He is responsible for his own mistakes, not you. If he crashes and injures or kills someone, do you know who's going to get sued right along with him? YOU - the registered owner of the car. On top of that, this would be insurance fraud I would think since you're going to lie about who the primary driver is, where the car will reside, etc etc etc I don't care how good of a friend he is, do not do this. EDIT - I'm laughing at all answers, that are telling you basically the same thing, have a thumbs down. It must be the "friend", or just some other idiot. NO NO NO - you got this by now, right? Was this answer helpful to you? Yes / No