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Posted on 3/10/20 at 2:43 pm to Chad504boy
quote:
stop speaking in absolutes.
How exactly am I speaking in absolutes?? He asked a question I responded accordingly b/c clearly he's already had this conversation with his agent due to showing us a price.. And as a good agent I'm urging him to do it b/c
A. I'm now aware of said driver now.
B. I've been E&O free 11+ yrs and intend to stay that way.
quote:
Most carriers are not going to deny a claim involving a newly licensed child driver
Not once did I say that a company would deny anything , but there's the possibility. Honestly the company more than likely they would as cover as I've dealt with a similar situation before. I've seen some weird shite get covered that typically shouldn't be. So to be frank I'm not putting my agency and or and contract w/ a company in jeopardy to help a customer skirt paying a premium.
quote:
Get over yourself.
Why? b/c I prefer to run a tight ship at my agency? I haven't gotten to where I'm at by playing fast and loose with the rules and don't intend to change. If that customer doesn't like my response then there's obviously some shady fricks that will take him..
This post was edited on 3/10/20 at 2:46 pm
Posted on 3/10/20 at 2:45 pm to Major Dutch Schaefer
quote:
my teen driver
quote:Until he is 25 with a clean record.
Prepare thy anus.
Posted on 3/10/20 at 2:45 pm to LSUBanker
It's a gamble. The claim may be denied, maybe it will be covered. If your son is unlisted and gets in a wreck. Especially if it's a bad wreck, the company will probably look for any excuse not to pay out and if they find out your son has been licensed and living in your household and using the vehicle without being listed then that's their ticket out of making a big payout. And then the lawyers come straight for you when that happens.
The rate hikes are a tough pill to swallow but I mean that's part of raising kids. Schooling, college, medical and dental bills, and increased insurance rates, these are all things any parent should be prepared for when they decide they want kids. You should just bite the bullet and pay the higher rate just for peace of mind that he will 100% be covered. I'd shop around other insurance companies while you're at it to see if anyone else can offer you a better price.
The rate hikes are a tough pill to swallow but I mean that's part of raising kids. Schooling, college, medical and dental bills, and increased insurance rates, these are all things any parent should be prepared for when they decide they want kids. You should just bite the bullet and pay the higher rate just for peace of mind that he will 100% be covered. I'd shop around other insurance companies while you're at it to see if anyone else can offer you a better price.
Posted on 3/10/20 at 2:48 pm to vistajay
quote:
In general, anyone is covered while driving your vehicle as an occasional user. But if they are a member of your household or use the vehicle frequently, they will probably be excluded. Read your policy to see what it says.
Bingo. My daughter's address on her license is her mama's house. She HAS to be excluded from her mama's policy or pay a lot more money per month. So if she drives mama's car and crashes it, they fricked.
Alternatively, the fact that she doesn't 'live' at my address, she can use my car whenever she wants under my policy.
Posted on 3/10/20 at 2:53 pm to Bucktail1
quote:
It depends on your carrier. We have state farm and my agent told me we didn't have to add him unless we got him a vehicle. He was covered under our policy.
Your agent is incorrect.
Posted on 3/10/20 at 3:02 pm to LSUBanker
I would definitely increase your liability limits.
Posted on 3/10/20 at 3:04 pm to LSUBanker
I would move to another state. Frick those greedy bastards.
Posted on 3/10/20 at 3:08 pm to LSUBanker
When I was 15 my parents added me to the oldest car we had. This covered me for every vehicle that was on the policy and listed on our address.
I don’t know if it’s the same now but that was with State Farm.
I don’t know if it’s the same now but that was with State Farm.
Posted on 3/10/20 at 3:13 pm to bulldog95
quote:
When I was 15 my parents added me to the oldest car we had. This covered me for every vehicle that was on the policy and listed on our address.
I don’t know if it’s the same now but that was with State Farm.
Most carriers list all drivers and all vehicles on the same policy. State Farm is kind of unique where every vehicle has its own policy and you can assign drivers to them. So if your teen driver is driving a certain vehicle, you can list your teen for that vehicle and exclude him for the others. This is usually why State Farm is good for teen drivers.
Also OP, I'd look into any driver courses or something your son can take that can qualify for any discounts you can get. When I got my first vehicle my parents had State Farm and I had this trip log or whatever and we turned that in. Does your son make good grades? Stuff like that will help, if only a little bit. Just do some research on what companies offer what discounts.
This post was edited on 3/10/20 at 3:18 pm
Posted on 3/10/20 at 3:33 pm to bulldog95
quote:
When I was 15 my parents added me to the oldest car we had. This covered me for every vehicle that was on the policy and listed on our address.
I don’t know if it’s the same now but that was with State Farm.
State Farm writes their auto policies on and individual basis. So if a house hold has 4 cars and 4 drivers you of course have 4 separate policies. So in turn state farm can rate the driver on the car that best suits them, but may not be the actual car that those individuals are actually driving everyday.
So that works well with teenage drivers in the house hold. When I was with State Farm I can't tell you how often I'd see a 3 driver household with 3 brand new cars and 1 POS that the teenager was being rated on knowing good and damn well the kid was driving the new car all the time.
This post was edited on 3/10/20 at 3:37 pm
Posted on 3/10/20 at 3:47 pm to LSUBanker
I was under permissed use of my dads car (my car throughout high school and college)
No issues and no need to be added. I got in a wreck and simply said I had borrowed the car for the weekend. No issues at all. I don’t even recall being asked by our insurer. I wouldn’t was $3000 to be honest about primary drivers.
Also if your son is a good student you can get a discount. That would last through this educational career
No issues and no need to be added. I got in a wreck and simply said I had borrowed the car for the weekend. No issues at all. I don’t even recall being asked by our insurer. I wouldn’t was $3000 to be honest about primary drivers.
Also if your son is a good student you can get a discount. That would last through this educational career
This post was edited on 3/10/20 at 3:49 pm
Posted on 3/10/20 at 3:54 pm to LSUBanker
quote:I wouldn't want them handling my insurance then.
Sister in law and another person. Both work in the insurance biz
quote:This applies to if you loan your car once in a blue moon to a friend or a relative that doesn't live with you. Household residents or people who regularly drive your car have to be added to the policy.
As long as my truck is covered and he has permission to drive my truck then no need to add him as a driver to the policy.
This is directly from a Louisiana auto insurer's policy contract language. Take it for what its worth.
Posted on 3/10/20 at 4:01 pm to Chad504boy
quote:If the kid got licensed last week and gets in a wreck, no.
stop speaking in absolutes. Most carriers are not going to deny a claim involving a newly licensed child driver.
But if the insurer finds out the kid has been licensed for a few months and the parents were intentionally avoiding adding him as a driver because they didn't want to pay the premium increase, it most definitely would open the door to the possibility of them trying to deny the claim. And hiding him as a driver is the type of shite advice OP was getting from the people he knew
This post was edited on 3/10/20 at 4:02 pm
Posted on 3/10/20 at 4:03 pm to Tiger Prawn
quote:
Wait until you see how much it's going to cost you yearly for that.
Paid 385/month for oldest son and a little over 400/month for youngest son. Both were new vehicles in their name so they did have to have our limits
Posted on 3/10/20 at 4:04 pm to Geauxld Finger
quote:
I was under permissed use of my dads car (my car throughout high school and college)
No issues and no need to be added. I got in a wreck and simply said I had borrowed the car for the weekend. No issues at all. I don’t even recall being asked by our insurer. I wouldn’t was $3000 to be honest about primary drivers.
Your anecdotal experience doesnt mean this applies universally. How much did the company have to pay out for your wreck when it happened?
Like I said before, some companies will pay it, some companies won't, and it also depends on how big the payout would be and what the company's reputation is. A big company like MetLife, I'd admit, would probably pay for it if the wreck isnt that bad, though they'd probably non renew the policy and/or seek premium for however long the kid was licensed for. There's just no way to know for sure, like I said it's a gamble.
The last thing you want is for your uninsured kid to get into a wreck that would require a high payout and then the insurance company says they wont pay for it. Because then that's coming all out of your pocket and god knows what they could take from you. Your home if it's bad enough. Then suddenly you'd wish you had just paid the extra amount per month.
If you're willing to take that gamble then by all means but if I was in OP's shoes I wouldnt trust a 16 year old driver to not frick up on the road and just hope for the best. Just shop around, find out who can give you the best rates (State Farm probably your best option) and pay up and not having to perpetually worry if your son is going to make you lose everything you've worked for.
Posted on 3/10/20 at 4:15 pm to LSUBanker
Pretty simple fix here. Give your son a copy of the insurance quote and explain that if he wants to start driving this is the cost. He can get a summer job to cover the premium and problem solved. Teach him that driving is a privilege and he needs to earn it.
Posted on 3/10/20 at 4:23 pm to WaterLink
quote:I will remember this when my 14 y/o is old enough to drive. I am dreading the day, though.
pay up and not having to perpetually worry if your son is going to make you lose everything you've worked for.
Posted on 3/10/20 at 8:40 pm to LSUBanker
quote:
I'm also told he is automatically covered under my policy as member of my household (without adding him and no increase in premium) as long as he has permission to drive my truck.
^ This is so wrong that I question the professional competence of the person that made that statement.
You don’t want to find out after an accident that coverage is in question.
Posted on 3/10/20 at 8:50 pm to LSUBanker
Was it really too much to just spell out “insurance”?
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