It costs money for a young fella to drive insurance wise. If he can't pay it, parents end up with the bill.
It costs money for a young fella to drive insurance wise. If he can't pay it, parents end up with the bill.
So if someone doesn't have a car, they can't get a driver's license first in order to buy a car to get it insured?Some states, such as North Carolina, will not issue a first driver's license to a teen without proof he/she is on someone's insurance. Ran into this with coworkers who lived in N.C. and worked in Virginia; their kids back at home couldn't get their licenses without insurance.
Allowing your teen to use your vehicle without coverage is a bad idea anyway, but that's getting harder to get away with.
You have to have access to a car to get a learner's permit, which is required before a full license.So if someone doesn't have a car, they can't get a driver's license first in order to buy a car to get it insured?
I have helped friends get learner's permits, but I never put them on my insurance. Plus when I got my license, I used the car from the driver's school.You have to have access to a car to get a learner's permit, which is required before a full license.
My 16 year old daughter added $500/year to policy with no additional vehicles. We did get her a vehicle and 2013 Acura ILX added another $380/year full coverage beyond the $500 upcharge. Before she was added two vehicles /drivers were $900/year.
$1300 seems steep but what was your policy before teen added?
High income level and/or high tolerance for monthly payments?What I don't understand is how the parents of TWO teenagers are affording it AND buying their kid a $40k car.... Please, someone, please tell me how you do THAT.
I live in affluent area and the price point is about $20k-$30k for used or new (Jetta) nice vehicle for your teen or even one case teens.This can't be that much of a surprise, can it? Please tell me you've never had a conversation with other parents or overheard something like this or even read about it on forums?? You had no idea how much it costs to add a teenager to your policy??
I've always known. What I don't understand is how the parents of TWO teenagers are affording it AND buying their kid a $40k car.... Please, someone, please tell me how you do THAT.
Wait what you're telling me is that public transportation or living close to your job might be good ideas? Amazing. Regardless, that seems pretty reasonable for a newly licensed teenage driver. It's high but so is the risk, blame the underwriters and actuaries.The first part of your statement is comical. The second part sounds like you've been doped by sensational journalism. It's not that young people aren't interested in driving. They're definitely interested. Including "young people" being those under 30, a lot of them are going into tech/IT fields, of which most jobs are in big cities with dense traffic, high insurance, bad roads, constant construction, and the most aggressive drivers on the planet. That's the group of people those kind of articles hone in on to push a sensational narrative. For them, driving is too much of a hassle so public transportation or finding a job to work from home becomes more appealing.
Some years ago one of my professors ran into another of my other professors while impaired. He caused a lot of damage to his own BMW and to the Mercedes. Insurance didn't cover either vehicle because he was legally impaired. Probably got a DUI charge as well. An expensive lesson I'd have to think.Yes, in the USA everything is covered. I never knew it could be any other way, surprising in Canada you would not be covered.
Weasel insurance company especially for victim if the owner has no other money.Some years ago one of my professors ran into another of my other professors while impaired. He caused a lot of damage to his own BMW and to the Mercedes. Insurance didn't cover either vehicle because he was legally impaired. Probably got a DUI charge as well. An expensive lesson I'd have to think.
Same with me, exactly. That’s when you were taught to be responsible for yourselfMy folks wouldn't put me on their policy, so I paid my own insurance for my own car when I turned 16 and got my license. IIRC, it was about what you were quoted...but it was 37 years ago
A parking ticket doesn’t show up on your record either, it’s a deterrent to stop people from breaking the law.Fortunately the camera speeding ticket doesn't show up on her record, further proving my very opiniated voice that they are all about the money.
I had to have a minimum of 50 hours of drive time, all written down in a log to get my license, with 10 hours minimum of that being at night. Those people all had to be over 25, related/a spouse, or I could do it with drivers Ed since I was under 18.I have helped friends get learner's permits, but I never put them on my insurance. Plus when I got my license, I used the car from the driver's school.
Not a weasel company if the rules are clear beforehand. In Canada everyone knows - if you drive drunk you have no insurance.Weasel insurance company especially for victim if the owner has no other money.
Sounds like Mom needs to stop fixing Jr.'s problems.My coworker's 17-year-old son just wrecked his 4-cylinder Accord for the second time since he turned 16, and this time he totaled it. What did she replace it with? A Maxima. Cell phones have made questionable drivers into horrible drivers.
The fact that you don't have to cash in your 401k to pay for a teenager's insurance is a surprise to me.
My folks wouldn't put me on their policy, so I paid my own insurance for my own car when I turned 16 and got my license. IIRC, it was about what you were quoted...but it was 37 years ago..........and alarmguy: "Same with me, exactly. That’s when you were taught to be responsible for yourself"