Quote:
Originally Posted by mdosu
will Virigina insurance companies insure a car that's registered out of state?
So basically, you tell them that your car resides here, but the only thing is the car's plates and tags are out of state?
I'm in a situation where my DL and Tags are out of state, but my insurance is based in VA. I'm not lying to my insurance since they know the car resides here in VA, and I'm not lying how much I drive every year blah blah blah, I even buy renters insurance from them. I don't see an insurance problem here, anyone else?
Tax evasion...that's a difference story. I'm not proud of it, but if there'a a loophole, I'll stick my head in it.
|
I tried to register my car in Maryland, since my parents still live there, and it was going to be a PITA. From what I remember, the person on the title has to reside in the state, as well as the primary driver, for the insurance. So i would have had to take out another loan, have my father as the buyer, have my father as the primary driver and myself as a secondary driver. Also, with MD, when you register a car in MD it will cost you 3% of the assessed value since VA is 3% and MD is 6% and you will need to make up the difference. To me I didn't want to go through this hassle and my father wasn't to keen on the idea. My father did tell me that car tax was the reason he left VA 45 years ago, he had a VW bug and his tax was more than the car was worth.