When it comes to issues related to divorce, Florida residents may not put much thought into what happens to their car insurance policy. While it may be tempting to kick a former spouse off of a policy, it cannot happen without that person’s consent. Insurance companies may ask that a removal request be presented in writing to prove that consent has been given.
It is also important to point out that both individuals on the policy share liability until they get separate addresses or finalize their divorce. In many cases, it is easier for the first person named on an insurance policy to keep it. If a policy is bundled, the person named on the other policies should keep those as well. The other person should then get a new car insurance policy either with the same company or another of his or her choosing.
Whoever chooses to insure the car generally needs to be listed on the title. Therefore, it may make sense if each person keeps the title to one vehicle to make the process of getting insurance easier. Those who are shopping for a new insurance policy should obtain that coverage before the current policy expires. It is generally against the law to drive without insurance even if a policy lapses for a single day.
Couples who are ending their marriages often have a lot of things to think about when they are attempting to negotiate a settlement agreement with the help of their respective family law attorneys. Separating car insurance may not be on the front burner, but it needs to be handled properly.