5 Responses for "Should I get car insurance in my name or parents?"

1. justin bieber February 4th, 2010 at 3:19 am 1

   Best Answer – Chosen by Voters The owner of the car signs for the insurance. Not telling the company that you have a high rated driver leaves you open to several years of very expensive insurance. It's a bad idea.If the car is insured, the company will cover it, but rates will go up.

2. taylor lautner February 4th, 2010 at 3:19 am 2

   it depends on how the car is titled and what state you are in and whether you are living in their household. All drivers in a household will be listed on a policy unless the driver is excluded. some states do not allow a driver in a household to be excluded so it depends on the state rules for that. When the insurance company runs a motor vehicle record (mvr) it will give all drivers who use the address on the policy for the drivers license. If you don't tell them and they find out that way they can add you. If the car is insured the insurance will follow the car but beware if you are not added to the policy because if at the time of a claim it will be discovered that you are a driver and your parents could be facing a point where the insurance company will back date adding you to the policy. Insurance companies charge what is call an inexperience operator surcharge to any driver with less than five years experience driving…. that surcharge is what makes insurance increase when new drivers are added to the policy. The good news is that the longer you drive the less that surcharge is until you have none at the five year mark.

3. miley cyrus February 4th, 2010 at 3:19 am 3

   If you do it in your parents name it will be cheaper because of good student discounts. But, as far as I know, they will have to put you as a primary driver. That is as long as you have more than 2 cars – one where you are primary, one for your mom, one for your dad. But if they only have 2 they won't have to do that.

4. justin bieber February 4th, 2010 at 3:19 am 4

   The answer depends on the state you are in and the policy provisions. In some states, the company can declare a policy void ab initio (there never was a policy) if you have lied on the application. Other states won't allow that to be done. Source(s): years as an adjuster

5. miley cyrus February 4th, 2010 at 3:19 am 5

   It will be cheaper to add you to their insurance policy,than to have a seperate policy, because of multi-vehicle discounts.. they will list you as primary driver anyway, if there are three cars and three drivers