Q:I want to “loan” my auto to my father. And then I would lease a car for myself. In case if my father is no longer driving at the end of the lease period (a couple of years, for example) the auto gets back to me. The question is whether my father can buy an auto insurance by himself or it is still my responsibility? We both have an excellent driving record.
A: This varies from one insurance company to another. In some cases you will have full coverage over your vehicle no matter who’s driving it (of course, unless it was stolen). With other companies you’ll be the only person having the insurance coverage applied to the car, and sometimes even your family members will be excluded. If you have identified you family members when signing the policy this is probably the case.

You should read the policy carefully to know exactly what applies in your case. In case something is unclear to you, you should contact your insurance agent. You can get into more complications in case you are considered the “primary” driver of the insured car, especially when you lease it to someone else. So make sure to explain the situation to your agent.