Which statement about the Registered Owner of a vehicle is FALSE?

Which statement about the Registered Owner of a vehicle is FALSE?

• A. The registered owner can be the actual owner
• B. The registered owner controls the vehicle
• C. If not the actual owner, registered owner cannot sell the vehicle
• D. The registered owner's driving record does not influence insurance rates

Answer: (D)

The statement that the registered owner's driving record does not influence insurance rates is incorrect. In reality, the driving record of the registered owner can significantly impact insurance rates since insurers assess risk based on the driving history of those who will be operating the vehicle. A registered owner with a poor driving record may lead to higher premiums because insurance companies view this as an indicator of increased risk. In contrast, the responsibilities of the registered owner include controlling the vehicle, and they can be the actual owner. Importantly, even if a registered owner is not the actual owner of the vehicle, they still retain some authority over it, such as the ability to sell the vehicle, although their rights may be limited by the actual ownership rights.

The statement that the registered owner's driving record does not influence insurance rates is incorrect. In reality, the driving record of the registered owner can significantly impact insurance rates since insurers assess risk based on the driving history of those who will be operating the vehicle. A registered owner with a poor driving record may lead to higher premiums because insurance companies view this as an indicator of increased risk.

In contrast, the responsibilities of the registered owner include controlling the vehicle, and they can be the actual owner. Importantly, even if a registered owner is not the actual owner of the vehicle, they still retain some authority over it, such as the ability to sell the vehicle, although their rights may be limited by the actual ownership rights.