Can I Get Insurance On A Car That Does Not Belong To Me? 
You ca n't take out the insurance policy yourself . But if you have an ` insurable interest ' in the car , IE . you are holding the loan , then you can require the other person to add you as an additional insured . Which just means that in the event of an auto wreck , and the car is totaled , you will get paid what you are owed -LRB- the lien -RRB- . 