Sold Vehicle Still a Covered Auto

January 27, 2014

Our policyholder sold his vehicle to a private owner and never notified the insurer so the vehicle could be removed from the policy. A short time thereafter, the vehicle was involved in an auto accident. It turns out the private owner did not transfer the title into his name, nor does he carry an active policy of insurance for the vehicle purchased from our policyholder. Is there liability or collision coverage for this loss under our insured's personal auto policy?

This premium content is locked for FC&S Coverage Interpretation Subscribers

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis