Is it better to put my car on my parents insurance or do it myself?
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Is it better to put my car on my parents insurance or do it myself?
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I'm 19, and I just bought a car recently. When I get it insured, should I put it on my parents insurance or on my own? What reasons are there for why I should/shouldn't?
Thanks!
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Starry Eyez
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Put it in your parents name until you get some exspirence then put it in your name. If you start your insurance in your name as a new driver and your 19 your insurance will be about what you pay for your car note. If you start off on your parents insurance the insurance company will show you some love and give the lowest rate possible because your parents have built a certain level of trust with there insurance company over the years. The difference in filing through your parents vs filing yourself could be about $300. I reccommend putting it on your parents insurance. |
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dodge man
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its a lot cheaper to put it on your parents insurance policy ,it will save you hundreds of dollars on the cost of it,if you don't with you being young it will be really high,being young has some draw backs when it comes to having insurance,it cost more,good luck. |
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buckeye0807
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it will be a little cheaper if you get it all on the same |
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derwin68
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It will be cheaper if your on your parent's insurance. However, by putting you on their insurance, they run the risk of being liable in the event that you have an accident. They could be sued and their assets could be in jeopardy. |
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playingforkeeps
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Stay on your parents insurance until they tell you they want you off....It will be much cheaper and when you get 25..lol get your own because then you will have cheaper insurance all together |
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milmike73
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The main reason why you should put your car on your parents policy is because of cost. It will be so much cheaper to put it on their policy. |
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