The process of transferring the car title itself does not require you to have car insurance. However, you will require insurance coverage if you want to drive your car legally. Public ownership of a vehicle only needs to be documented with an official auto title. Moreover, car insurance in SC is only essential when you are all set to register your vehicle with the state.
Generally, people need to transfer a car title when buying or selling their vehicle. Although you will need car insurance to drive your vehicle on a public road, it is not necessary to transfer an auto title.
What Is A Car Title?
A car title is a legal paper issued by the state that determines the vehicle owner. The title usually lists the vehicle identification number (VIN), the make, model, year, colour, mileage, owner's name, address, and the document's issue date. It will also include signatures from the buyer, seller, and the state's representative. That information will be in the title if there is a loan on the car. A vehicle title is different from a vehicle registration; a registration, required by state law, is a state document that establishes the vehicle's official driver of record.
To best navigate the requirements and steps for transferring a vehicle title in your state, you will want to understand the definitions surrounding vehicle ownership and driving.
Here We Go!
1. Auto title:
A car title is a legal document that states who owns a vehicle. An auto title legally proves who has ownership of a car. People who purchase a vehicle outright should be given the title and have it signed over to them. The leasing company owns the vehicle for leased vehicles and will have the title.
2. Car Registration:
Each state has requirements for residents to register their vehicles. It is against the law to not register your vehicle, and if you have moved to a new state, you must register your vehicle within a specific period. You will need to comply with laws that help identify your car, and you may need to pay sales taxes in the state and county you are registering the vehicle in if purchasing a new or used vehicle.
3. Driver's Licence:
Issued by the state you are a resident of, a driver's license is necessary to drive legally. You must show proper identification to obtain a driver's license, such as proof of residency or a birth certificate. You will also be required to pass both written and practical tests, pay a fee, and in some cases, pass an eye exam. The requirements for getting a driver's license can vary from one state to the next.
4. Car Insurance:
You will need to purchase an insurance policy from auto insurance companies in Georgia to protect yourself and other drivers in case of an accident or unforeseen event. Almost every state requires that drivers have some form of car insurance or other proof of financial responsibility.
5. Transferring A Title:
When it comes to transferring a vehicle's title, every state has different requirements. If you purchase a car from a car dealership, the dealership will undoubtedly take care of everything related to transferring the car title to your name.
On the other hand, if you are buying a used car, the requirement may differ in your state to transfer the title. For example, you may be asked to provide the vehicle identification number, current odometer reading, and a bill of sale as proof of your purchase.
You will need car insurance to register your newly owned vehicle and drive it legally in your home state, so it's best to have insurance coverage as soon as possible.