Ok, I don't have a car nor have I ever owned one so I'm not exactly sure how this works and I sure as hell don't know to explain this so please bear with me. My fiance, who's turning 21 soon, is on Farmer's insurance and his dad decided that he and his daughter (my fiance's sister) were going to be on my fiance's insurance. Like, the main guy in the insurance is my fiance, then his dad, and his sister on his dad's. His dad pays less than he does a month and his sister pays WAY less than him a month. His dad says that having them on his insurance would cost him less than he just being by himself. Is this true or is his dad ripping him off? They all seem to pay way less now that they're on his insurance. So, is it a rip off?
2006-06-29 08:50:25 · 8 answers · asked by theduderules 3 in Cars & Transportation ➔ Insurance & Registration
Do they all live together? In some states you have to list all drivers in the household on your insurance no matter what.
But to answer your question, it's not any more or less to include other drivers. It's just a liability.
2006-06-29 08:54:48 · answer #1 · answered by Greta Leigh 3 · 0⤊ 0⤋
I'm an insurance agent and in my state, NJ, the vehicles are rated according to who drives them. Your 21 yr. old fiance is a much higher risk and will definitely pay more for the car he is rated on. Your fiance's dad gets a better rate on his vehicle because he is older and less of a risk (has more experience driving, etc.). And your fiance's sister gets a better rate because typically even young females get a better rate then young males. Statistically, young males are considered the most risky. Having dad and sis on your fiance's policy gets him a multi car discount though, which means savings for him. Also, think about the cars involved. If your fiance has a full coverage car and sis has a liability only car, of course she is going to pay less. I don't think anyone's getting ripped off. You just have to look at all of the factors going into the rating. It's probably cheaper for everyone to be together, but like others have mentioned, if one of the drivers has an accident, it could mess up the whole policy for everyone (rates go up, or you get cancelled). My advice, everyone get their own insurance and take care of their own payments. No confusion, no fighting, no arguing, no finger-pointing, no who owes what. It's just simpler to pay a couple extra bucks and let everyone take care of their own business. It will be more peaceful that way.
2006-06-29 16:09:19 · answer #2 · answered by Sheryl 2 · 0⤊ 0⤋
That's pretty easy. Go on line and get an insurance quote. Sometimes a group policy will be less than an individual policy, but not necessarily and not Farmers. I dropped farmers when they refused to assist me in a minor accident and went on line and found out I was paying 25% more to be ignored. I am now with a different company and have no regrets. Just shop around, and by the way, get these other people of your fiance's insurance. You are not marrying them!
2006-06-29 15:59:28 · answer #3 · answered by yes_its_me 7 · 0⤊ 0⤋
If your fiance owns the policy, he should dictate who pays what. Ideally it is split 3 ways equally. It is a benefit if a "child" stays on the PARENTS policy then going off alone.
"Like, the main guy in the insurance is my fiance, then his dad, and his sister on his dad's".
It sounds like you're saying there are 2 policies. Your fiance needs to get his own quotes and see if he could get a better rate. Now if your fiance still lives at home then in most states your required to list those other drivers.
2006-06-29 16:20:05 · answer #4 · answered by ric_ozz 3 · 0⤊ 0⤋
Putting them all on one policy is much less expensive than if all three had individual policies. The lowest rate would normally be available if the father were the primary policy holder and the children were listed as additional drivers. If all three own cars, they'll all be primary operators in most cases, one per vehicle. The insurance agent can explain the cost for each driver; the son's rate will likely be the highest due to his age and gender.
2006-06-29 16:06:23 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Your fiance is taking an awful risk having his father and sister on his insurance. He could be out a whole lot of money and could lose his insurance if any of them get tickets or are involved in accidents. Automobile insurance companies don't seem to need much reason to cancel someone's insurance. An accident could raise the rates tremendously IF the policy isn't canceled outright.
2006-06-29 15:58:03 · answer #6 · answered by Irish1952 7 · 0⤊ 0⤋
Probably. The insurance should be split equally between all three drivers. If your fiance feels he is being cheated, he needs to say something.
2006-06-29 15:54:52 · answer #7 · answered by meggiek97 3 · 0⤊ 0⤋
It costs much less to be on a parents policy. Try putting in a quote request with you guys by yourselves & you will see it is cheaper.
Get car insurance quotes at:
https://www.insureme.com/landing.asp?Refby=611668&Type=auto
Fill out one simple form and get multiple quotes!
Hope that helps! Vote me as best answer!
2006-07-06 09:19:45 · answer #8 · answered by Anonymous · 0⤊ 0⤋
yea like meggie says your 21 year old driver is no risk at all
and he's been driving as long as his dad so he's got expierience.and girls always hotrod and have more accidents than boys...
what friggin' planet are you on???
you puffin' on the good stuff??..
2006-06-29 16:02:49 · answer #9 · answered by Anonymous · 0⤊ 0⤋