Teen auto insurance

Gary Vee: If someone borrows my car are they covered under my policy?

Reponse: People are often confused as to who is covered under a standard auto insurance policy. There are typically only one or two names listed in the “Named Insured” section of an auto insurance policy, but that doesn’t mean that those are the only people who are covered under the policy. As a general rule, auto insurance coverage actually follows the vehicle, not the driver. So if your car is involved in an accident, the car typically receives the full coverage provided by the auto insurance policy, regardless of who is driving.

However, there are a few conditions that you will have to comply with:

The driver driving the vehicle at the time of the accident must be licensed.

The driver who was driving should have been given permission from you to drive your vehicle.

Remember that your auto insurance policy would have to pay for the damage to the vehicle but if your friend has an auto insurance policy and he is named in the tort case or law suit for personal injury than his auto insurance policy will be the first payee. Also since a claim will be regeistered under your auto insurance policy, your auto insurance premium would be higher. Read on the blog how you can get cheap auto insurance and go for a quote. I am sure you will not be disappointed.

If you have another teenage driver under your roof who uses your car, he or she should be listed on your insurance policy even though your insurance rates may increase substantially. Technically, a teen who is not listed on your policy would still be covered if he or she had an accident. But your insurer could charge you retroactively for coverage on your teen from the date that your teen became a licensed driver.

If you have failed to declare your teen as a driver under the auto insurance policy some companies would consider it a misrepresentation and your policy would be void. It is best to inform the insurance company for any change in the status of drivers or any other changes which are material to the auto insurance policy.

Teen auto insurance

Teen auto insurance

Raymond (California) : Can I get auto insurance with just a learners permit?

Response: You can get auto insurance with just a learner’s permit. You should always remember that it is safer to drive an auto at any time with insurance than without insurance.

Most standard insurance companies do not even charge for this addition until you have your regular license in that situation. You can add your name under your parent’s insurance policy. No additional coverage’s are required in California. In fact, I’ve heard of parents insisting their insurance add their son/daughter to the policy! What most parents fail to recognize is that insurance covers CARS, not people! In the event of a collision, the insurance on the car will pay for damages to your car and, if at fault, coverage to other cars involved. NO ADDITIONAL insurance is necessary during the learning process.
Once licensed, all drivers must be on the policy.

If you are under age 18, you cannot buy insurance on your own because it is a contract. No one under that age can, because it would not be legally binding.

Teen auto insurance