Who has the clearest insurable interest in an automobile?

The person who actually owns the automobile has the clearest insurable interest in the vehicle. Insurable interest means that an individual has a stake in the insured property, such that they would suffer a financial loss if the property were damaged or destroyed.

In this context, ownership signifies a direct relationship to the automobile, as the owner stands to lose not only the value of the car but also its use. This relationship is recognized under insurance law, meaning the insured can receive compensation for loss or damage, as they are directly affected by any loss to the vehicle.

While the other options may suggest some level of interest, they do not convey the same strength or clarity. For instance, a person whose name is on the insurance policy may not necessarily own the vehicle, and thus their financial interest is less direct. A person with a lien on the car has a financial stake as they have a claim against the vehicle due to a loan, but their interest is more limited to the value of the outstanding loan rather than ownership. Lastly, someone who can legally drive the insured automobile may enjoy the use of the vehicle, but without ownership, they lack a significant financial interest in the property itself.

Overall, ownership provides the most explicit and unambiguous insurable