My son is 19, he's on our insurance. The premium is $150.00 extra a month. I'm getting tired of paying it. He doesn't want to pay it as well.

Here's my problem. I go to my insurance guy and say, take my son of my policy. His reply is: Your son has to move out of your residence, or surender his liscence to the State, otherwise we can't take him off of your policy.

Any thoughts from all you out there?

 

Haha, that is some BS. he does not ned to surrender his liscense nor be out of your residence. I think they are tryin to save themselves taht extra 150 a month yall are giving. secondly, it is your policy, not his, so you should be able to change it regardless of his desires. Now then, states vary, and yours may be differant, but I cannot see this as it is...

My other opinion is that you tell them that if they do not remove him, yall will drop yalls insurance with this company and go elsewhere, which I say you follow up with quotes and all, and bring up these quotes, especially if you can find one signifigantly cheaper than what you have right now. Use this as a bargaining chip then good luck.

Jimmy Dean

 

Auto Insurance is just legalized "mobb" extortion money. So do yuor homework for your state regarding the rules and laws and beat them at their own game. Like Jimmy Dean said, get a quote from another company or 2 or 3. Also see how much it would cost for your son to get his own policy. Also, if your son's ride is paid for . . . maybe only liability is all you need depending on the value of his ride. What I'm trying to say is "Look at ALL angles."

 

Your son is of legal age. Have him get his own policy. If he has a car it should be titled in his name.

Be careful. I had a friend who dropped his son from the family policy. They were out of town, the kid found the keys to Mom's car, borrowed it, wrecked it. No inusurance. He had to pay $45,000 to cover the damages (the car was titled in his wife's name and the son was excluded from coverage).

 

Sounds like legalized extortion. I agree, check the laws in your state, it would probably be well worth your time and effort.

 

Check with your State Department of Insurance. HOWEVER what if your son who would be unisured takes one of your vehicles and crashes it and is not covered by a policy. YOUR liability would be tremendous and if you own anything you could kiss it and a nice chunk of any future earnings bye bye.

 

Wherever you go for insurance, they will ask you to name all licensed drivers living in the home. He will have to be named, or he will be excluded from your poilicy thus leaving him (you) liable for any damages he may cause. You will have to pay for him on your policies, even if you get him his own insurance policy. But, with his own policy, you can then exclude him from your policy on your vehicles (still leaving you liable if he ever drives one of your vehicles)

Excluding is hard to overcome, tho. When I was 18, my parents excluded my from their policy with GEICO. To this day, I am still excluded as a driver. I am 28 now. I have a clean driving record (now) and my mom tried to take me off the exclusion. She was told that she could, but would lose her "preferred customer" discount. I don't live with my parents, I was living out of the country when she tried to do that. I thought that it was funny. She tried to put me back on cuz when I go home on leave, she lends me her car (they have 5 for just her and my dad). Even now, My wife's jeep was stolen back in may and we are still dealing with the insurance company to get paid. She lent us one of her cars for my wife to drive in the interim...I can't drive it! which is fine with me cuz it ain't a FORD!!!

The funniest thing to me is that I got a quote from GEICO and was offered their preferred customer discount.

 

Are you sure that wasn't his mother you were talking to?

 

Just find a new insurance company and don't mention the kid when you give them the drivers names. Do NOT leave an extra set of keys around the house. Myself, I would not even give your current agent another chance to drop the kid off the policy; he's already had one.

 

Having worked in Insurance for the past 5 years, here's my take on the situation.

1) If your son does not have his own vehicle and drives one titled to you or your wife, then you will need to leave him on the policy you currently have.

2) If your son has his own vehicle titled to him exclusively, then he will need to have his own policy. If the vehicle is owned by your son with you or your wife as a co-signor, then he should have his own policy with you as a named insured on the policy.

3) If you carry uninsured/underinsured motorists coverage on your policy for all vehicles and give your son who is not on your policy permission to drive one of your vehicles, your insurance company should still pay as it would if he were on the policy.

4) The drawback to putting him on a separate policy is if you only have 1 car for you and your wife to share and your son's vehicle, you would lose your multi-car discount if your insurance company offers one.

5) Removing your son from your policy likely will affect your pricing, but it should not make it worse. If your son is under say 25, then you would be removing a bit of risk from your policy lowering your premium.

6) Exclusions: Most companies have no problem excluding drivers that live in the same household as long as they can show that those drivers have their own vehicle and insurance. In some cases, the only exception would be your spouse. A lot of the companies I deal with do not like to exclude spouses that are licensed irregardless of vehicle/insurance situation. This is because marriage is a legal contract in itself.

There are definite advantages and drawbacks to each option. You should definitly shop around.

 

this may sound harsh (I'm an advocate of the "tough love" agenda) but, IMHO, if your son is unwilling to pay his responsible part of driving don't give him a car to drive. We sometimes forget that driving is a priveledge of youth, not, as they seem to believe, a constitutional right. Once he discovers the disadvantages of shoe leather he might adjust his economic agenda to come up with the cost of reality.

....and, yes, if it get's to the point where he's taking your vehicle without permission that's called thieft, even if he's your son.

 

Thanks everyone.

It's a crappy situation. I'll figure out a good resolution eventually.

Sam

 

Actually, in the state of WA, that is the law. If you are in residence with someone and have even the slightest access to their vehicle, you must either have your own insurance or be on their policy.

So my advice would be either tell your son to pay the extra for your monthly charge OR get his own freaking policy which would be much more expensive.

 

I think somebodys pulling your chain.all states are different but the only way they could pull his licence here is if he had to show proof of insurance for a bad driving record.but if he did have an accident in your car without insurance they might not cover it.

 

The funny thing is:

A person can own a car before having a driver's license./