Thursday, 18 December 2014

I live in NJ my daughter lives in NYC. She wants me to put a small car she's planning on buying in my name so that it can be insured under...

Question

I live in NJ & my daughter lives in NYC. She wants me to put a small car she's planning on buying in my name so that it can be insured under my my auto insurance for a fraction of the cost of insuring in NYC, What are the risks that I'm taking?



Answer

Insurance fraud possibly. Where will the car be garaged most of the time?

I do not recommend this on the basis of what information you are giving me.

Call if you like.

215-370-2608



Answer

Call me to discuss this.

You risk being charged with the crime of insurance fraud. Not smart.



Answer

Absolutely not. This is insurance fraud.



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