??? about auto insurance- Budget101 Discussion List

i live in alabama and i have geico auto insurance. my son just turned 16 and got his license. do i have to add him to my insurance? a friend with grown children told me that he never added his teen drivers b/c they were minors and the cars they drove belonged to him not them. so he

add, added, alabama, auto, cars, children, grow, grown, hat, hey, insurance, jus, lice, license, live, policy, son, tee, vehicles, won, drivers, teen, afford, barely, belonged, insured, annette, drove, afraid, turned, geico, friend, minors, told

Page 1 of 3 1 2 3 LastLast
Results 1 to 15 of 33
  1. #1
    Annette
    Guest

    Default ??? about auto insurance


    i live in alabama and i have geico auto insurance. my son just turned

    16 and got his license. do i have to add him to my insurance? a

    friend with grown children told me that he never added his teen

    drivers b/c they were minors and the cars they drove belonged to him

    not them. so he insured his vehicles not the teen drivers. we can

    barely afford our insurance as it is and i am afraid we won't be able

    to afford the policy if we had him.

    TIA,

    annette in alabama








  2. #2
    Monique
    Guest

    Default ??? about auto insurance


    From an insurance agent licensed in 45 states - including AL.

    It depends upon whether or not you want your insurance company to pay a claim if he is involved in an accident. You are required to pay a premium for drivers that you want to be covered by your insurance, as long as they are household members. If you don't want him to be covered by your insurance, then sign an exclusion form, which states that if he drives for ANY reason, including an emergency, he is not covered.

    Currently, if he is stopped by the police, and is asked to present proof of insurance, and he presents your card, but isn't a covered driver on your policy, then he is committing a crime.

    Insurance insures both the vehicles and the drivers. Your friend, though, was lucky. Apparently, his children were never involved in accidents. Remember, too, that your insurance company will defend YOU when YOU are sued, because you're the parent of the kids.

    You're taking a HUGE risk by going the route you're asking about. And, that risk isn't worth it.

    I've seen many claims denied, many policies cancelled, and many parents finances ruined forever for not wanting to pay the premium. Your other option is to have him turn in his license or pay the insurance himself.


    On Dec 13, 2007 4:40 PM, Annette <titus2momof6@yahoo.com> wrote:







    i live in alabama and i have geico auto insurance. my son just turned

    16 and got his license. do i have to add him to my insurance? a

    friend with grown children told me that he never added his teen

    drivers b/c they were minors and the cars they drove belonged to him

    not them. so he insured his vehicles not the teen drivers. we can

    barely afford our insurance as it is and i am afraid we won&#39;t be able

    to afford the policy if we had him.

    TIA,

    annette in alabama






    [/quote]

    --
    Monique




  3. #3
    Karen Holland
    Guest

    Default ??? about auto insurance


    I'm in Maryland and when anyone living in your household turns 15, you have

    to notify the insurance company. My daughter will have to be put on my

    insurance as soon as she is a licensed driver. She has her learner's now, so

    she doesn't have to be on, but as soon as she's licensed, she has to.



    Don't know if it differs by state or not.







    Karen L. Holland






  4. #4
    herberkids3
    Guest

    Default ??? about auto insurance


    I know in Michigan if the teen has a license, his name must be added to

    the insurance policy, or he needs to have his own policy. The reason is

    that teens are much more likely to get into accidents, and the

    insurance company needs to make sure the person is insured. Not all

    policy's cover anyone driving the car, so call Geico and ask.



    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:

    >

    > i live in alabama and i have geico auto insurance. my son just

    turned

    > 16 and got his license. do i have to add him to my insurance? a

    > friend with grown children told me that he never added his teen

    > drivers b/c they were minors and the cars they drove belonged to him

    > not them. so he insured his vehicles not the teen drivers. we can

    > barely afford our insurance as it is and i am afraid we won't be able

    > to afford the policy if we had him.

    > TIA,

    > annette in alabama

    >










  5. #5
    Cynthia Lau-Work @Home United
    Guest

    Default ??? about auto insurance


    In Alabama, it depends on the insurance company at what age you add the child.

    Some say 15, 16, some when licensed. Just ask your company. If the child is a

    regular driver, it would be "iffy" to not add them and then they had a wreck.

    The company may decide not to pay.






  6. #6
    Monique
    Guest

    Default ??? about auto insurance


    Auto insurance in MI is very different than insurance in any other state. But, you do bring up an excellent point. In order to get a driver license in just about every state, you have to either show proof of insurance or swear that you have it. So, if Annette&#39;s son showed him mom&#39;s insurance card, but he isn&#39;t listed on the policy, that is fraud.


    On Dec 13, 2007 10:16 PM, herberkids3 <herberkids3@yahoo.com> wrote:







    I know in Michigan if the teen has a license, his name must be added to

    the insurance policy, or he needs to have his own policy. The reason is

    that teens are much more likely to get into accidents, and the

    insurance company needs to make sure the person is insured. Not all

    policy&#39;s cover anyone driving the car, so call Geico and ask.



    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:

    >

    > i live in alabama and i have geico auto insurance. my son just

    turned

    > 16 and got his license. do i have to add him to my insurance? a

    > friend with grown children told me that he never added his teen

    > drivers b/c they were minors and the cars they drove belonged to him

    > not them. so he insured his vehicles not the teen drivers. we can

    > barely afford our insurance as it is and i am afraid we won&#39;t be able

    > to afford the policy if we had him.

    > TIA,

    > annette in alabama

    >






    [/quote]

    --
    Monique




  7. #7
    Monique
    Guest

    Default ??? about auto insurance


    What you&#39;ve described in specific to your insurance company.

    On Dec 13, 2007 9:57 PM, Karen Holland <karenholland@myactv.net> wrote:








    I&#39;m in Maryland and when anyone living in your household turns 15, you have

    to notify the insurance company. My daughter will have to be put on my

    insurance as soon as she is a licensed driver. She has her learner&#39;s now, so

    she doesn&#39;t have to be on, but as soon as she&#39;s licensed, she has to.



    Don&#39;t know if it differs by state or not.



    Karen L. Holland




    [/quote]

    --
    Monique




  8. #8
    donnalawn@verizon.net>
    Guest

    Default ??? about auto insurance


    In NJ we have to report any child who is of driving age to our insurance even if

    she or he doesn't have a license. Then they are added to the most valuable car

    on the policy, unless they have a car of their own. At least, that is how I

    understand it according to parents who have been thru it. Our premiums are

    already the highest in the country I'm dreading my daughter's 17th birthday next

    year!





    Donna



    =====================

    From: herberkids3 <herberkids3@yahoo.com>

    Date: 2007/12/13 Thu PM 09:16:19 CST

    To: Budget101_@yahoogroups.com

    Subject: Budget101.com : Re: ??? about auto insurance





    I know in Michigan if the teen has a license, his name must be added to

    the insurance policy, or he needs to have his own policy. The reason is

    that teens are much more likely to get into accidents, and the

    insurance company needs to make sure the person is insured. Not all

    policy's cover anyone driving the car, so call Geico and ask.



    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:

    >

    > i live in alabama and i have geico auto insurance. my son just

    turned

    > 16 and got his license. do i have to add him to my insurance? a

    > friend with grown children told me that he never added his teen

    > drivers b/c they were minors and the cars they drove belonged to him

    > not them. so he insured his vehicles not the teen drivers. we can

    > barely afford our insurance as it is and i am afraid we won't be able

    > to afford the policy if we had him.

    > TIA,

    > annette in alabama

    >












  9. #9
    Monique
    Guest

    Default ??? about auto insurance


    Some companies do charge based on the way you describe. Other companies "assign" the young driver to the vehicle they are likely to drive. It just depends upon the company.

    On Dec 14, 2007 12:51 PM, <
    donnalawn@verizon.net> wrote:







    In NJ we have to report any child who is of driving age to our insurance even if she or he doesn&#39;t have a license. Then they are added to the most valuable car on the policy, unless they have a car of their own. At least, that is how I understand it according to parents who have been thru it. Our premiums are already the highest in the country I&#39;m dreading my daughter&#39;s 17th birthday next year!




    Donna



    =====================

    From: herberkids3 <herberkids3@yahoo.com>

    Date: 2007/12/13 Thu PM 09:16:19 CST

    To: Budget101_@yahoogroups.com

    Subject: Budget101.com : Re: ??? about auto insurance<div class="Ih2E3d">



    I know in Michigan if the teen has a license, his name must be added to

    the insurance policy, or he needs to have his own policy. The reason is

    that teens are much more likely to get into accidents, and the

    insurance company needs to make sure the person is insured. Not all

    policy&#39;s cover anyone driving the car, so call Geico and ask.



    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:

    >

    > i live in alabama and i have geico auto insurance. my son just

    turned

    > 16 and got his license. do i have to add him to my insurance? a

    > friend with grown children told me that he never added his teen

    > drivers b/c they were minors and the cars they drove belonged to him

    > not them. so he insured his vehicles not the teen drivers. we can

    > barely afford our insurance as it is and i am afraid we won&#39;t be able

    > to afford the policy if we had him.

    > TIA,

    > annette in alabama

    >






    [/quote]

    --
    Monique




  10. #10
    Idodc@aol.com
    Guest

    Default ??? about auto insurance





    In a message dated 12/15/2007 8:53:32 AM Eastern Standard Time, motherof1@gmail.com writes:
    you have to either show proof of insurance or swear that you have it. So, if Annette's son showed him mom's insurance card, but he isn't listed on the policy, that is fraud.


    And if he has a wreck in your car, the insurane company might not cover it.... insurance is cheaper than having to pay for a wreck and losing your license plates for your car.

    alana


    See AOL's top rated recipes and easy ways to stay in shape for winter.



  11. #11
    jeanne
    Guest

    Default ??? about auto insurance


    In WI the child doesn&#39;t have to be added until he has his actual license...we called when my
    son got his learners permit and they told us to call back when he has a license...apparently he was covered...jeanne


    On 12/13/07, herberkids3[/b] <herberkids3@yahoo.com> wrote:
    I know in Michigan if the teen has a license, his name must be added to
    the insurance policy, or he needs to have his own policy. The reason is

    that teens are much more likely to get into accidents, and the
    insurance company needs to make sure the person is insured. Not all
    policy&#39;s cover anyone driving the car, so call Geico and ask.

    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:
    >
    > i live in alabama and i have geico auto insurance.my son just
    turned

    > 16 and got his license.do i have to add him to my insurance?a
    > friend with grown children told me that he never added his teen
    > drivers b/c they were minors and the cars they drove belonged to him

    > not them.so he insured his vehicles not the teen drivers.we can
    > barely afford our insurance as it is and i am afraid we won&#39;t be able
    > to afford the policy if we had him.
    > TIA,
    > annette in alabama

    >




    Free Money- http://budget101..com/

    *~*~*~*~*~*~*SPONSOR AD~*~*~*~*~*~*
    <a href="http://www.savingtimes.com">www.savingtimes.com
    </a>
    Personalized Saving Packets

    *~*~*~*~*~*~*SPONSOR AD~*~*~*~*~*


    To View the List Archives Please Visit http://www.budget101.com/forumdispla...iscussion-List



    Yahoo! Groups Links


    <*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/Budget101_/

    <*> Your email settings:
    Individual Email | Traditional


    <*> To change settings online go to:
    http://groups.yahoo.com/group/Budget101_/join
    (Yahoo! ID required)

    <*> To change settings via email:

    mailto:Budget101_-digest@yahoogroups.com
    mailto:Budget101_-fullfeatured@yahoogroups.com


    <*> To unsubscribe from this group, send an email to:
    Budget101_-unsubscribe@yahoogroups.com

    <*> Your use of Yahoo! Groups is subject to:

    http://docs.yahoo.com/info/terms/

    [/quote]




  12. #12
    jerry allen
    Guest

    Default ??? about auto insurance


    You have to add your teens to the policy. We require

    our teens to pay their own insurance. It seems to make

    them more responsible as drivers if they are putting

    money into it. If they get a ticket they also pay for

    the ticket and lose their driving priviledges for a

    time.



    Mary



    --- Monique <motherof1@gmail.com> wrote:



    > Auto insurance in MI is very different than

    > insurance in any other state.

    > But, you do bring up an excellent point. In order

    > to get a driver license

    > in just about every state, you have to either show

    > proof of insurance or

    > swear that you have it. So, if Annette's son showed

    > him mom's insurance

    > card, but he isn't listed on the policy, that is

    > fraud.

    >

    > On Dec 13, 2007 10:16 PM, herberkids3

    > <herberkids3@yahoo.com> wrote:

    >

    > > I know in Michigan if the teen has a license,

    > his name must be added to

    > > the insurance policy, or he needs to have his own

    > policy. The reason is

    > > that teens are much more likely to get into

    > accidents, and the

    > > insurance company needs to make sure the person is

    > insured. Not all

    > > policy's cover anyone driving the car, so call

    > Geico and ask.

    > >

    > > --- In Budget101_@yahoogroups.com

    > <Budget101_%40yahoogroups.com>,

    > > "Annette" <titus2momof6@...> wrote:

    > > >

    > > > i live in alabama and i have geico auto

    > insurance. my son just

    > > turned

    > > > 16 and got his license. do i have to add him to

    > my insurance? a

    > > > friend with grown children told me that he never

    > added his teen

    > > > drivers b/c they were minors and the cars they

    > drove belonged to him

    > > > not them. so he insured his vehicles not the

    > teen drivers. we can

    > > > barely afford our insurance as it is and i am

    > afraid we won't be able

    > > > to afford the policy if we had him.

    > > > TIA,

    > > > annette in alabama

    > > >

    > >

    > >

    > >

    >

    >

    >

    > --

    > Monique

    >









    __________________________________________________ ______________________________\

    ____

    Never miss a thing. Make Yahoo your home page.

    http://www.yahoo.com/r/hs






  13. #13
    annette lisenbe
    Guest

    Default ??? about auto insurance


    thanks for replying monique. I am going to call geico and talk to them about it. I am sure theyWANT me to insure both vehicles and drivers, and I am sure it is best to insure both. I just don't know if I can afford to. Alabama law requires that I carry liability coverage on my vehicles, which I do, but I thought it covered any driver with a valid license. the catch may be the household thing, I'll have to check. I guess I could drop the optional uninsured motorist coverage that I carry on all our vehicles, as that would help offset the cost. My deal with the kids about their vehicles is that they pay for the vehicle and I pay their insurance as long as they are in school. this is to encourage them togo tocollege. my 20yod is still in college and hasa 1992 toyota paseo, and a2000 nissan sentra, my 18yo has a 1995 ford explorer, and my 16yoshas a 1997 4wd
    chevrolet tahoe. these vehicles are in my name but they worked and paid for them, they are not financed. when my 18yo went in the marinesI called to have him taken off of our policy. when I asked the agent about him driving our vehicles when he was on leave I was told that unless he was going to be home for a long time, I didn't have to add him back. so this seemed to reinforce what my friend had told me. annette in alabama

    Monique <motherof1@gmail.com> wrote: From an insurance agent licensed in 45 states - including AL.

    It depends upon whether or not you want your insurance company to pay a claim if he is involved in an accident. You are required to pay a premium for drivers that you want to be covered by your insurance, as long as they are household members. If you don't want him to be covered by your insurance, then sign an exclusion form, which states that if he drives for ANY reason, including an emergency, he is not covered.

    Currently, if he is stopped by the police, and is asked to present proof of insurance, and he presents your card, but isn't a covered driver on your policy, then he is committing a crime.

    Insurance insures both the vehicles and the drivers. Your friend, though, was lucky. Apparently, his children were never involved in accidents. Remember, too, that your insurance company will defend YOU when YOU are sued, because you're the parent of the
    kids.

    You're taking a HUGE risk by going the route you're asking about. And, that risk isn't worth it.

    I've seen many claims denied, many policies cancelled, and many parents finances ruined forever for not wanting to pay the premium. Your other option is to have him turn in his license or pay the insurance himself.

    <DIV class="gmail_quote">On Dec 13, 2007 4:40 PM, Annette <titus2momof6@yahoo.com> wrote:
    <BLOCKQUOTE class="gmail_quote" style="BORDER-LEFT: rgb(204,204,204) 1px solid;"> <DIV style="BACKGROUND-COLOR: rgb(255,255,255);"> i live in alabama and i have geico auto insurance. my son just turned
    16 and got his license. do i have to add him to my insurance? a
    friend with grown children told me that he never added his teen
    drivers b/c they were minors and the cars they drove belonged to him
    not them. so he insured his vehicles
    not the teen drivers. we can
    barely afford our insurance as it is and i am afraid we won't be able
    to afford the policy if we had him.
    TIA,
    annette in alabama

    white;" width="1">
    <BR clear="all">
    --
    Monique



    &#32;



  14. #14
    annette lisenbe
    Guest

    Default ??? about auto insurance


    He was asked to show proof of insurance on the vehicle that hedrove for the road test. He had borrowed his sister's car and he is not on his sister's policy. (this sister is married and has her own policy) He was not asked if he was himself insured. we are asked to show proof of insurance on our vehicles whenever we get the tag renewed. Yes, it is an interesting point. Annette in Alabama

    Monique <motherof1@gmail.com> wrote: Auto insurance in MI is very different than insurance in any other
    state. But, you do bring up an excellent point. In order to get a driver license in just about every state, you have to either show proof of insurance or swear that you have it. So, if Annette's son showed him mom's insurance card, but he isn't listed on the policy, that is fraud.

    <DIV class="gmail_quote">On Dec 13, 2007 10:16 PM, herberkids3 <herberkids3@yahoo.com> wrote:
    <BLOCKQUOTE class="gmail_quote" style="BORDER-LEFT: rgb(204,204,204) 1px solid;"> <DIV style="BACKGROUND-COLOR: rgb(255,255,255);"> I know in Michigan if the teen has a license, his name must be added to
    the insurance policy, or he needs to have his own policy. The reason is
    that teens are much more likely to get into accidents, and the
    insurance company needs to make sure the person is insured. Not all
    policy's cover anyone driving the car, so call Geico and ask.

    --- In Budget101_@yahoogroups.com, "Annette" <titus2momof6@...> wrote:
    >
    > i live in alabama and i have geico auto insurance. my son just
    turned
    > 16 and got his license. do i have to add him to my insurance? a
    > friend with grown children told me that he never added his teen
    > drivers b/c they were minors and the cars they drove belonged to him
    > not them. so he insured his vehicles not the teen drivers. we can
    > barely afford our insurance as it is and i am afraid we won't be able
    > to afford the policy if we had him.
    > TIA,
    > annette in alabama
    >

    white;" width="1">
    <BR clear="all">
    --
    Monique
    <!--End group email
    -->


    &#32;
    Never miss a thing. Make Yahoo your homepage.



  15. #15
    Herlean
    Guest

    Default ??? about auto insurance


    When my adult sister and her toddler were living with us, our insurance company specifically EXCLUDED them, by name, in a letter that was sent to me & my husband. EXCLUDED by name a three year old! Herlean

    herberkids3 <herberkids3@yahoo.com> wrote: I know in Michigan if the teen has a license, his name must be added to
    the insurance policy, or he needs to have his own policy. The reason is
    that teens are much more likely to get into accidents, and the
    insurance company needs to make sure the person is insured. Not all
    policy's cover anyone driving the car, so call Geico and ask.

    --- In Budget101_@yahoogroups.com, "Annette" <TITUS2MOMOF6>wrote:
    >
    > i live in alabama and i have geico auto insurance. my son just
    turned
    > 16
    and got his license. do i have to add him to my insurance? a
    > friend with grown children told me that he never added his teen
    > drivers b/c they were minors and the cars they drove belonged to him
    > not them. so he insured his vehicles not the teen drivers. we can
    > barely afford our insurance as it is and i am afraid we won't be able
    > to afford the policy if we had him.
    > TIA,
    > annette in alabama
    >




    Free Money- http://budget101..com/

    *~*~*~*~*~*~*SPONSOR AD~*~*~*~*~*~*
    www.savingtimes.com
    Personalized Saving Packets

    *~*~*~*~*~*~*SPONSOR AD~*~*~*~*~*


    To View the List Archives Please Visit http://www.budget101.com/forumdispla...iscussion-List



    Yahoo! Groups Links

    <*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/Budget101_/

    <*> Your email settings:
    Individual Email | Traditional

    <*> To change settings
    online go to:
    http://groups.yahoo.com/group/Budget101_/join
    (Yahoo! ID required)

    <*> To change settings via email:
    mailto:Budget101_-digest@yahoogroups.com
    mailto:Budget101_-fullfeatured@yahoogroups.com

    <*> To unsubscribe from this group, send an email to:
    Budget101_-unsubscribe@yahoogroups.com

    <*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/




    &#32;
    Be a better friend, newshound, and know-it-all with Yahoo! Mobile. [/url] "] Try it now.[/url]


 

 
Page 1 of 3 1 2 3 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •