We have 3 cars in florida, can I exclude my teenage driver from driving one of the cars to lower the total car insurance.
Total Comments: 4
Posted: Sun Aug 03, 2008 08:35 pm Post Subject:
Yes, as long as your carrier allows this. Some will, some will not. Most that I know won't, as they would still be required to offer the named insured liability coverage even though it's excluded under the policy. That is, in Florida is against public policy not to provide liability coverage and this over-rides what the contract between the carrier and insured states. Though, some carriers may try to exclude liability coverage per the terms of the exclusion. You would need to speak to your agent to find out if your carrier will allow this.
Posted: Mon Aug 04, 2008 04:54 am Post Subject:
You can exclude the teenage driver as long as you don't allow the teen to drive the car. But tcope is right, it'll depend upon the insurer and for that you're required to contact the agent.
However, you can also get him/her a separate policy, that too will help in lowering the insurance costs.
Posted: Mon Aug 04, 2008 05:39 am Post Subject:
Yup, the insurer may disagree to exclude the young driver if he/she stays with you at the same household, because in such situation, the insurer will still be required to cover the liability issue.
Once the driver is excluded, he/she may not be allowed to drive the car, because the insurance company will not provide coverage for the damages caused by an excluded driver.
IMO it would be rather wise for you keep them covered under your policy, and at the same time shop around to get more competitive rate from an insurance company.
Regards,
Juanita
Posted: Mon Aug 04, 2008 05:59 am Post Subject:
Why not list the teenage driver as the primary driver under your policy for the cheapest of the three cars? You can then drop the collision and comprehensive coverage on the car and thus can lower the expenses on the policy.
If the teenager is a regular driver then getting him a separate policy may also help him to gain credibility as an independent driver. He can also qualify for competitive rates if he can maintain good driving record. It's rather a better alternative for the teenage driver then piggybacking on the parent's policy.
Posted: Sun Aug 03, 2008 08:35 pm Post Subject:
Yes, as long as your carrier allows this. Some will, some will not. Most that I know won't, as they would still be required to offer the named insured liability coverage even though it's excluded under the policy. That is, in Florida is against public policy not to provide liability coverage and this over-rides what the contract between the carrier and insured states. Though, some carriers may try to exclude liability coverage per the terms of the exclusion. You would need to speak to your agent to find out if your carrier will allow this.
Posted: Mon Aug 04, 2008 04:54 am Post Subject:
You can exclude the teenage driver as long as you don't allow the teen to drive the car. But tcope is right, it'll depend upon the insurer and for that you're required to contact the agent.
However, you can also get him/her a separate policy, that too will help in lowering the insurance costs.
Posted: Mon Aug 04, 2008 05:39 am Post Subject:
Yup, the insurer may disagree to exclude the young driver if he/she stays with you at the same household, because in such situation, the insurer will still be required to cover the liability issue.
Once the driver is excluded, he/she may not be allowed to drive the car, because the insurance company will not provide coverage for the damages caused by an excluded driver.
IMO it would be rather wise for you keep them covered under your policy, and at the same time shop around to get more competitive rate from an insurance company.
Regards,
Juanita
Posted: Mon Aug 04, 2008 05:59 am Post Subject:
Why not list the teenage driver as the primary driver under your policy for the cheapest of the three cars? You can then drop the collision and comprehensive coverage on the car and thus can lower the expenses on the policy.
If the teenager is a regular driver then getting him a separate policy may also help him to gain credibility as an independent driver. He can also qualify for competitive rates if he can maintain good driving record. It's rather a better alternative for the teenage driver then piggybacking on the parent's policy.
~Jeremy
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