Cancel teen auto insurance for bad driving or get cheap car insurance? Choice is yours.
Anna Paguin: I have been advised by the insurance company that they want to cancel my teen auto insurance coverage for my son since he has a bad driving record. A policy will be issued to me only if I agree to have an exclusion of having my teen auto insurance coverage excluded as an excluded name driver? What should I do?
Teen auto insurance policy cancellation
Response : Unfortunately the right and correct advice in this situation is to exclude your teen and not have teen auto insurance coverage included under your auto insurance policy or else your insurance would also be cancelled.
Let me further explain that this has very serious implications and let me site a case which is true is a case of involving a minor where the parents probably had a rude awakening is Kivlin v. Nationwide Mutual Insurance Company, 765 A.2d 536 (Sup. Ct. DE). The insurance company had asked the parents and sent a notice that their policy would be cancelled if they keep their sons who have While an auto policy was in existence, the insurer sent the policyholders notice that their policy would be cancelled or not renewed because of the driving records of their two sons.
The parents agreed and signed the documents excluding the teenaged drivers from the policy. The excluded drivers never operate an auto that will likely affect the policy of the policyholder. It’s not easy to enforce this. There are actual cases where, despite some verbal warnings by parents of youthful drivers, the excluded drivers manage to get control of the family auto and become involved in serious accidents. Other cases reveal that some signers of these documents don’t take the possible repercussions seriously enough until it’s too late.
As the above exclusionary provisions reveal, any accident involving an excluded driver precludes coverage, even for the innocent policyholder! Some of these excluded drivers may be irresponsible and could care less what happens when their parents or spouses lose their homes and other assets. Others may be more sympathetic after something happens. What policyholders need to realize, however, is that their assets are at stake, and no one else’s. When an accident actually occurred with one of the boys driving the vehicle the insurance company did not pay the claim.
It would be much advisable to take a seperate policy for the teenager and ask him to pay so that he becomes responsible and secondly if you search online even here you will find cheap teen auto insurance quotes. Why not compare and get cheap teen auto insurance quotes now? You cannot handicap the teenager from driving since communting is going to be a necessity in his life.
Thanks.
Kamlesh
Young driver car insurance