by macrich » Fri Nov 07, 2008 01:27 am
I have a concern about car insurance with my son. It is a long story but i need to know how to help if posssible. His vehicle is owned by him but financed by the bank. His insurance is with me. How doe he get his own insurance since he has not had any for over a year?
Plese advise.
Plese advise.
Posted: Fri Nov 07, 2008 04:21 am Post Subject:
Hi macrich, I don't think that getting an auto policy for your son would be difficult. All he need is to speak to an insurance agent. You can also speak to your current agent and see what he can offer for him.
~jeremy
Posted: Fri Nov 07, 2008 04:34 am Post Subject:
His insurance is with me. How doe he get his own insurance since he has not had any for over a year?
Not an issue, as long as he was covered under your policy. Just contact an insurance agent and don't forget to shop around for better rates. However, his age may attract ( I'm assuming that he is under 25 yrs) higher premium if he tries to get a policy of his own. Hence, at times staying in the parent's policy can help in lowering the rate.
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