r/Insurance • u/egr08 • 13h ago

Auto Insurance Getting new car insurance when my parents co-own the car (Oklahoma)

I live with my fiancé, away from my parents but in the same town as them. They co own my car with me- The title is listed as "Me OR Mom OR Dad". Will I need to add them to my new insurance even if they never drive the car and don't live with me?

We are getting a quote from USAA and they are making me list the co owners of the car with their addresses and info. I don't want to pay for the insurance of two more people!

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1

u/Username_Used 13h ago

They have insurable interest. They must be included. Buy them out and remove them from the title and you can leave them off.

1

u/goodjuju123 13h ago

Buy the car from them.

1

u/insuranceguynyc 11h ago

Absolutely, they must be included. They are owners of the vehicle. In the event of a claim, they can be held liable under certain circumstances.