How Long Can A Child Stay On Parent's Car Insurance?

​For many youngsters, the cost of getting automobile insurance on their own may be a lot more than they manage. The cost may be lower if they pay for their car insurance through their parent’s policy.

However, teenagers eventually mature into adults and their insurance risk level decreases. Until then, their insurance price is higher, but they will still need coverage.

How Long Should You Stay on Your Parent's Insurance?
To avoid the higher expense of stand-alone coverage, it is preferable to continue being covered by a parent's auto insurance. You might be forced to obtain coverage, though this depends on the state's insurer and the insurance rules. Starting college or purchasing your first car might help determine when it's time to change.

If a child moves to a different address, in some circumstances, they may still be covered by their parent's insurance. It would help if you consult your insurance agent to learn more about the provider's standards. Here are some factors you can consider if you can still stay with your parents' insurance.

• You commute in a shared car while residing at home
• While attending college, you continue to use the family address
• You frequently operate your parent's vehicle

When to Purchase Your Own Automobile Insurance
Unlike health insurance, parents can add a child to a parent's vehicle insurance policy indefinitely. You still need to be added to your parent's coverage even if you reside with them. And even if you live with your parents or are included in their policy, you can still get separate coverage. 

The conditions governing this can differ across carriers and states but frequently involve the following circumstances.

• Your name is on the title
• You change your address
• You are a college student, as indicated by the title.

Conclusion
For stand-alone policies, teens and young adults pay greater insurance premiums than older adults. Staying on your parent's policy is preferable until you're in your mid-20s and have a chance to establish strong credit.

At Roper Insurance Services, we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We will go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (828) 697-6709 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!