by themysteriousarcher_9 » Fri Jun 29, 2012 04:15 pm
Is it unlawful to not tell your car insurance company that your child has a driver's license? (We want her to get a discount after 2 years, but not pay higher premium. She agreed to not drive during these 2 years, as she would not have coverage.)
Posted: Fri Jun 29, 2012 11:50 pm Post Subject:
Whether it's unlawful depends on the state. On the other hand, your insurer would have an attack if you didn't add your daughter to the policy. Just about every single insurance company requires that anyone in the household with a driver's license be added to the policy and an appropriate premium paid.
Most parents say "My child ISN'T GOING TO DRIVE THE CAR!! So, why should we pay a premium?"
Trust me, with three kids, I know the pain. But consider this. What if you and your daughter were the only ones at home and you suffered some type of medical emergency and your daughter had to drive you to the hospital. Any thought of her "not being on the policy" is going to go right out the window at that point and she's going to RUSH you to the E.R. What if she gets into an accident? Gets a ticket for speeding? No coverage- BIG problem.
Tell your insurer... trust me- they'll have a major problem if you don't. I also am not aware of any "2 year discount" you referred to.
InsTeacher 8)
Posted: Sat Jun 30, 2012 12:47 am Post Subject:
Here is the question I always ask... if you child is not going to drive, why do they have a drivers license. The _only_ correct answer is because they _will_ drive. Right... a 16 year old is telling you they won't drive and you are just going to take their word on that.
The alternative is that she drives, causes property damage or probably an injury and you may very well be on the hook for that entire loss. But you save a few hundred dollars in premiums.
If you daughter is not going to drive, have her turn in her drivers license. She can get a state ID.
Note: most insurance companies have access to registered drivers based on an address.
Posted: Mon Jul 02, 2012 01:04 pm Post Subject:
Consider this: failure to inform your insurance company could void your policy -- back to the point that the failure to inform occurred. You think you're going to get a discount, and in the meantime, you have no coverage. How would that help?
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