Insurance Question? (Student + Single Car)

[Kevin T]

I am currently 17, almost 18, with a G License... am I required to be added on to a vehicle (my dad's)? What if I borrow his car (i.e. pickup medicine), will his coverage be extended to cover me?

I currently find it is a waste of money, spending 1.5K to add me as secondary when I drive <10km a week now.

[gman]

I am currently 17, almost 18, with a G License... am I required to be added on to a vehicle (my dad's)? What if I borrow his car (i.e. pickup medicine), will his coverage be extended to cover me?

I currently find it is a waste of money, spending 1.5K to add me as secondary when I drive <10km a week now.

Your dad has to add you. It is not a choice. Your dad is required to list everyone who has driver license and lives with him.

[Rikardo]

Dpending on the insurance company, he can sign and exclusion which states that you are not allowed to touch his car.

[DragonZealot]

You will accumulate "insurance experience" so the premium will come down in the the future. You pretty much do not have much choice if you are going to drive his vehicle.

[terribly]

I think you can get away with it so long as you don't live at your parent's house.

I don't fully understand how it worked, but being that I live away from home (going to school), I don't need to be insured to drive my parent's vehicles.

[oceans_end]

depending on the insurance agent or company, in black and white the primary holder is "required" to list everone in the household with a valid license....

i had my first accident in my moms car 2 days before i was getting my, and the agent just said i can let you pass this once but no 2nd. 2nd time when i hit a deer wit my dads car the agent ask my dad why i wasnt listed in his policy, he said we dont live in the same household, so agent says ok and let the claim through.

[gh05t]

Yeah i know that one about the not living in the same house thing. That's one loop hole. My nephew got in an accident and said he did not live in the same house as his dad and the insurance just said ok. Not good to lie and say you don't when you do though in case they want proof. Otherwise all drivers who could potentially drive the car ie have a valid driver's license must be covered under the primary insurance holder's insurance.

[oceans_end]

Yeah i know that one about the not living in the same house thing. That's one loop hole. My nephew got in an accident and said he did not live in the same house as his dad and the insurance just said ok. Not good to lie and say you don't when you do though in case they want proof. Otherwise all drivers who could potentially drive the car ie have a valid driver's license must be covered under the primary insurance holder's insurance.

i dont live in the same house with my parents.... but still if you go drive your buddys car and crash it, his or hers company will no doubt cover the claim, its common sense.

[pargirl]

I am currently 17, almost 18, with a G License... am I required to be added on to a vehicle (my dad's)? What if I borrow his car (i.e. pickup medicine), will his coverage be extended to cover me?

I currently find it is a waste of money, spending 1.5K to add me as secondary when I drive <10km a week now.
Wow, that is brutal. My daughter was only about $300 to add onto my policy. Of course, I drive a 96 minivan, so that probably kept the price down.
Whatever you do, don't take any chances not being insured - if anything happens, you'll never be able to afford insurance. Also, your Dad will pay the price on his policy as well. Good Luck.

[HammerJoe]

Girls are cheaper to insure than guys.

With a G licence you are pretty much stuck to be insured under your parents policy.
I can't see an insurance company touch you with a stick.

Get your g1 and g2 with driver training asap.

Amd yes if you live in your parents place and you have a drivers licence then they have to add you to their policy...

Just be wise driving, it's not problematic if you have an accident, but please do not and I repeat do not get a conviction, or worse get caught DUI...

That will destroy your chances with insurance for years and I mean alot of years.

[Kevin T]

I have my G, which is the full license, I already finished the graduated licensing (G1, G2, w/ valid MTO Driving Course).

I have no convictions. Any loopholes? Male insurance is around 1200-1500. My cousins live nearby, and there are no nothing on my name under the home address (we use a postal box), would it be a better choice?

I am fairly safe, but can be safer if I do proceed with this. I know a few friends who are doing this way too, and fortunately nothing has happened. And universitie is coming up, which makes a better excuse to why im "not" living at home.

Help guys, 1.5G is alot, and I plan to have my own car for school purpose in the fall, I can afford the car payments, but not insurance. So if I were to drop my name, the cost of owning 2 cars without my name would be equivalent :(

[aquariaguy]

You got it backwards. The steps involved: G1 -> G2 -> G (final step)


Girls are cheaper to insure than guys.

With a G licence you are pretty much stuck to be insured under your parents policy.
I can't see an insurance company touch you with a stick.

Get your g1 and g2 with driver training asap.

Amd yes if you live in your parents place and you have a drivers licence then they have to add you to their policy...

Just be wise driving, it's not problematic if you have an accident, but please do not and I repeat do not get a conviction, or worse get caught DUI...

That will destroy your chances with insurance for years and I mean alot of years.

[t_ginuwine]

Yeah It's a waste of MONEY, and for me 3/4th of the time I couldn't use my dad's car...which sucked, so I got my own car with my own insurance, 3rd party

[weedb0y]

Yeah It's a waste of MONEY, and for me 3/4th of the time I couldn't use my dad's car...which sucked, so I got my own car with my own insurance, 3rd party


Thats what another buddy of mine does and he uses a different company as well and lives in the basement.

[Kevin T]

What does it mean by third party? Liability only (decline in Collision/Comprehensive)? And what does that cover? What about accidents?

Thats what another buddy of mine does and he uses a different company as well and lives in the basement.

What does living in the basement have to do with anything? lol

[NLI10D]

someone correct me if the info is wrong but i heard from someone that if u dont tell insurance company of all the drivers in the household and they find out, that cause to cancel the insurance at any time, or if you get into an accident they could refuse your claim because you did not inform them of all the drivers.

right or wrong info?

[gman]

someone correct me if the info is wrong but i heard from someone that if u dont tell insurance company of all the drivers in the household and they find out, that cause to cancel the insurance at any time, or if you get into an accident they could refuse your claim because you did not inform them of all the drivers.

right or wrong info?

I believe so. However, insurance may not force into it if the claim is small.
Missing out material information can void the policy.

[t_ginuwine]

How much substantially is it I say drive a low powered minivan compared to a car?

[midg8]

I have my G, which is the full license, I already finished the graduated licensing (G1, G2, w/ valid MTO Driving Course).

I have no convictions. Any loopholes? Male insurance is around 1200-1500. My cousins live nearby, and there are no nothing on my name under the home address (we use a postal box), would it be a better choice?

I am fairly safe, but can be safer if I do proceed with this. I know a few friends who are doing this way too, and fortunately nothing has happened. And universitie is coming up, which makes a better excuse to why im "not" living at home.

Help guys, 1.5G is alot, and I plan to have my own car for school purpose in the fall, I can afford the car payments, but not insurance. So if I were to drop my name, the cost of owning 2 cars without my name would be equivalent :(


There is a loophole...from what i understand if the address on your lic. isnt the same as your parents they dont have to add you to their policy, and you can still "borrow" the car if their policy covers third party drivers.

However, if you are planning on getting your own car it would be a better idea to stay on as second driver till you get the car because when you become a primary driver your insurance will be lower.

[oceans_end]

$1200-1500 is not a lot, actually its NOTHING for a male that just got their G.

[Kevin T]

$1200-1500 is not a lot, actually its NOTHING for a male that just got their G.

This is secondary, being alone will result to 9500 for basically any car.

I haven't even notified my insurance broker of my G license status.

Thank's about the loophole. My mom does't have her license, so even if she gets her G1/G2, it will be fairly expensive for both of us (7K instead of 9.5K). Would the best be to "move" with my cousins for school (University is in Fall), and just claim to visit if anything happens? There will be 2 cars under my dad name, (SUV and hopefully compact 4 door, i.e. 1.7EL/Mazda3).

Should I decline Collision Coverage to save some money, or is it not worth it (2002 CRV)? Will be declining Comprehensive because have no intentions to use it since insurance rate is high already.

[oceans_end]

This is secondary, being alone will result to 9500 for basically any car.

I haven't even notified my insurance broker of my G license status.

Thank's about the loophole. My mom does't have her license, so even if she gets her G1/G2, it will be fairly expensive for both of us (7K instead of 9.5K). Would the best be to "move" with my cousins for school (University is in Fall), and just claim to visit if anything happens? There will be 2 cars under my dad name, (SUV and hopefully compact 4 door, i.e. 1.7EL/Mazda3).

Should I decline Collision Coverage to save some money, or is it not worth it (2002 CRV)? Will be declining Comprehensive because have no intentions to use it since insurance rate is high already.

1200 - 1500 for a new car as 2nd driver is nothing if thats the quote they gave you take it, thats only 100 bux a month, you give a 18 yr old a 20K++ car what quote were you hoping for?, you need collision coverage specially for a new driver, basicalyl if you have one way insurance then anything its your fault it wont be covered. Your dad wont be able to keep 2 cars under his name if his not the only driver in the household.

[midg8]

This is secondary, being alone will result to 9500 for basically any car.

I haven't even notified my insurance broker of my G license status.

Thank's about the loophole. My mom does't have her license, so even if she gets her G1/G2, it will be fairly expensive for both of us (7K instead of 9.5K). Would the best be to "move" with my cousins for school (University is in Fall), and just claim to visit if anything happens? There will be 2 cars under my dad name, (SUV and hopefully compact 4 door, i.e. 1.7EL/Mazda3).

Should I decline Collision Coverage to save some money, or is it not worth it (2002 CRV)? Will be declining Comprehensive because have no intentions to use it since insurance rate is high already.

The "move" tactic works fairly well, i know this cuz i used it when i went away to school and was still using the car when i came home for visits. However if something does happen then there might be questions that you have to be ready to answer, like what you were doing with the car at school and such. And the answers have to be reasonable otherwise ur screwed.

btw our policy was with state farm.

On a 2002 CRV i would definately get collision coverage because that would be a pretty expensive car to replace or even to fix up if something did happen.

I dont know who u have the coverage with but most companies offer good student discounts, Drivers Ed. Discounts and such. You may want to look into it.

[Kevin T]

My dad will be the primary driver once I move out :) And I already have Driver's Education. I believe I can think of possible excuses like "My aunt had an emergency but I needed to goto school so I went home and drove to school".

Thanks everybody. If I can save 1500, might as well, money is tight, it can go towards a second car used for school purposes (ie insurance for the 2nd car).

[weedb0y]

What does it mean by third party? Liability only (decline in Collision/Comprehensive)? And what does that cover? What about accidents?



What does living in the basement have to do with anything? lol

DIFFERENT apartment/location!