Recent content by te2243

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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    The Buyer did in fact establish insurance on the vehicle that was effective as of the date of purchase. The seller has maintained an insurance policy with the same insurer for approximately 10 years, with few claims of consequence (cracked windshield, etc) until mid-2017, when the insurer was...
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    Yes, the most pertinent question is: "is the seller's insurance company liable for the cost of the vehicle?" Understandably, the insurance company will deny the claim, because, as you stated: the exchange of money, and possession, determines the insurable interest. However, the date of the...
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    1) For the purposes of this discussion, let's assume that the Seller is not a scammer, and is an honest person with the intention of providing the title to the buyer, once the lien has been removed. 2) Thanks for the explanation as to why the Seller did not in fact have the legal right to sell...
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    Of course. A private road, on private land. Not a public road.
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    Your answer is appreciated. Please clarify: the legal ownership, on the date of the accident, is determined by the title, not the bill of sale? Thank you,
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    No need for insults. The title has a lien on it that needed to be removed. The Buyer is protected in the event that the title is not provided to the Buyer within 60 days of the transaction: eBay's buyer protection program will refund the Buyer.
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    Vehicle totalled. Buyer's, or Seller's, insurance company liable?

    NY Buyer obtains a vehicle with a signed, witnessed, bill of sale and issues payment in the form of a bank check sent directly to the lien holder on the title. Two weeks later, the buyer totals the unregistered vehicle on a private NY road. Three weeks after the date of sale, the PA seller has...
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