Can I add my Fiance to my auto insurance in pennsylvania if he is not listed on the finance contract?

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February 1, 2015

Terry A. McCarthy, CLU, ChFC

Your finance agreement and your insurance are two separate issues. The insurance is merely providing your lender a security interest in any claim payment made for damage to the collateral – your financed car. As for the insurance, you might be asking whether you can add your fiance to the insurance policy for coverage. Most companies will add regular operators of your vehicle to the drivers list and provide insurance coverage when they/he operates your car. You’ll have to check with your insurance company to see whether they will add your fiance as an additional first named insured on your policy but I suggest that until you have married, it is best that you keep the policy in your name, add him as a named driver, and keep your interests simple for now. There are complex issues about insurable interest that may be best left off this answer. And as always, check with your local agent or your insurance company for the best answer on how they think you should proceed.

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