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    Speak Up! - View Question #84


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    Question: Can a minor have a car title under their name?

    Answer: After researching this question and discussing it with analysts at the Arizona Department of Transportation Motor Vehicle Division (MVD) we have concluded that there is no law that prohibits a minor from holding title to a vehicle.

    However, all vehicles must be insured if they are operated on Arizona streets or highways. A minor cannot enter into a binding contract and, thus, insurance companies will not enter into a contract with a minor to insure a vehicle. MVD advises us that some insurance companies will cover the vehicle by entering into a contract with a person who is not the owner, thus, a minor/owner might be able to have their car insured if the parent entered into the insurance contract for them.

    Another option is Arizona Revised Statute 28-4084 which allows a $40,000.00 certificate of deposit to be posted to cover the financial responsibility requirements rather than having an insurance policy to insure the vehicle. There is no age limit for depositing the certificate of deposit in lieu of insurance.


    Comments
    16 thru 19 of 19 comments     1   2   3  [ 4 ]   
    On 10/29/03
    chad from OH said:
    I dont think you should even be allowed to drive a car in any state until you are at least 17, let alone own one on your own!
    On 10/28/03
    ashley from DC said:
    i agree 100%
    On 07/31/02
    alicia from CO said:
    I think just because you are a minor you should be able to have your own car and make your own payments if capable to do so. sometimes parents are not fitted parents like mine, and I find it very hard to get a car in my own name , and I cant get insurance in my name. then again it depends on the maturity level of the minor!
    On 06/30/02
    Josh from MI said:
    I think a minor should be able to take full responsibility upon themselves if they sign a contract if they are proven to be coherent of what they are doing. My friend cant drive at 16 because his dad wont sign for the insurance of a car, or his license, i believe if the minor is proven sane and coherent and responsible, he/she should be allowed to do as they wish.
    16 thru 19 of 19 comments     1   2   3  [ 4 ]   



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