I'm about to buy my first car. I've had cars before but I've never had one that I've had to make payments on until now. I've been researching rates and so far all the quotes I'm getting are for about $1400 for 6 months, which I feel is a little steep. I was wondering if I could get on my fathers car insurance and just pay that cheaper rate but when I brought this up to him, he said that would only work if he was a co-signer with me. I wanted to know if that was true and also what are some tips for getting the lowest rate on full coverage that I can.
2007-03-14 20:32:19 · 4 answers · asked by Mista TKO 3 in Cars & Transportation ➔ Insurance & Registration
I'm a 22 year old male, have had license for 7 1/2 years, I don't think I have too many things on my record except for a stop sign ticket two years ago and maybe a seatbelt ticket 5 years ago.
2007-03-14 20:34:38 · update #1
Well I called the insurance agent and asked him if it was possible. He told me that I could be added to the insurance and the difference to the entire policy would be about a $100 cheaper than what I would have been paying by myself. So that sounds like a deal to me.
2007-03-17 06:31:38 · update #2
You are pretty much stuck paying the higher rates, for one you have never had an insurance policy in your name, two, you are a male under the age of 25, that's an automatic high premium based on stats that a young male will likely get in a wreck or tend to drive in a reckless manner. If you and your parents reside together, you can be added as part time driver on their cars, or you could be excluded from their cars, that's their choice, thinking you will get a cheaper rate under your dad's policy isn't really true. First, you would need to be the primary driver for this car, right off the bat the above rules come into play, it would be cheaper for you, but very high for dad to cover your butt. Time for you to grow up and take care of things yourself.
2007-03-15 07:37:53 · answer #1 · answered by fisherwoman 6 · 0⤊ 0⤋
How old are you? You can be put on your dads insurance but he's not going to get to much of a rate savings. Tell him the Professor said, he is better off letting you get your own insurance. God forbid if you had a serious accident, and someone wanted to sue, and your on your dads insurance.
2007-03-15 03:36:52 · answer #2 · answered by carpentershammerer 6 · 0⤊ 0⤋
your age? do you live with him? will he allow you to be on his insurance? You are asking the wrong people. Ask your father. Not strangers on Yahoo.
2007-03-15 03:35:25 · answer #3 · answered by Anonymous · 1⤊ 0⤋
yes
2007-03-15 03:35:08 · answer #4 · answered by skcs11 7 · 1⤊ 0⤋