My Insurance Haven Everything you want to know about insurance

4Jun/111

Why is it that you have to Liability insurance on each car you own?

liability insurance
by Michigan Municipal League (MML)

Question by Guesswho: Why is it that you have to Liability insurance on each car you own?
Right now, if you own 3 cars, each has to have liability insurance, makes not sense at all when you can only drive one at a time. Why not just insure the individual?

Best answer:

Answer by sensible_man
It is all to do with money, for the insurance companies. If only one vehicle is insured, someone else could legally drive the other two since they are covered. If you want ownership for any number of vehicles, you need to insure each one.

Know better? Leave your own answer in the comments!

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Comments (1) Trackbacks (0)
  1. if the car is stolen, it is being operated.
    if the thief drives it into some poor sap, you get sued because its your car.
    you are liable because you negligently let it get stolen, right?
    cars are an “Attractive nuisance”; same cataeogry as a swimming pool, in a way. they invite unautorized use.


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