Well, my dad owns a 1959 TR-3 Triumph, and also a 1981 Delorean. I will be turning 16 soon, and I plan on purchasing car insurance so I can drive a 2006 Hyundai Sonata to school and around town. The problem is..
I want to be able to occasionally drive my dad's Triumph TR-3 around town, to school, on nice days, etc. Maybe only on weekends, that kind of thing.
The problem is, I don't want to spend a ridiculous amount of money on car insurance for a car I won't be driving very often. I read that there is a "cents-per-mile" program which is essentially a prepaid insurance card and you buy insurance for blocks of miles and it keeps track on a special odometer. Can someone please shed some light on that subject? I live in Oklahoma if that's of any importance.
2007-06-01 10:19:19 · 0 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
First of all, ask your dad to add you on his auto policy with your car, listing you as the primary driver of your Sonata. As long as you are on the same policy as your dad where he has the Triumph, and you are not excluded from driving it, then you should be covered. Depending on the replacement value of the car, depends on which car you want to be listed as the primary driver of. To lower your insurance costs, I would suggest that you do well in school and bring the agent a copy of your transcripts with your grades. Depending on your state and company, the insurance agent may have some additional advice as to how to lower your costs. If the car is on a special policy or through another company, then you won't be covered, and aren't going to be able to drive it. Sorry =(. I have never heard of such a program.
Good luck!
2007-06-01 10:34:37 · answer #1 · answered by Monica C 3 · 0⤊ 0⤋
Your dad probably has the 1959 insured as a classic vehicle on a seperate policy and I wouldnt advise driving it to school if you enjoy living. It would be in the best interest to be insured on your dads policy to keep an affordable premium. Working for A+ rated company here in TX our guides are different then any other state. But I am sure your dad's agent will advise him about all discounts that will apply for you. Just keep in mind ALL male drivers under the age of 25 will pay an arm and a leg..discounts that you will want to look into are drivers training and good student (most companies offer) 3.0 or better grade point average. To help keep the rates low try to carrier only the minimum on your policy (what the state requires) and a high deductible (higher the DED lower your premium). As long as your insured on your dad's policy you can drive any car on that policy. If he has you excluded and you drive the insurance now has the right to deny any claim if you are involved in an accident on any of cars on that policy.
And as the cents per mile never heard of it but if you believe it, I have the Alamo for sale would you like to buy it?
2007-06-01 10:40:12 · answer #2 · answered by lou 2 · 1⤊ 0⤋
Whoever told you about that cents per mile thing was yanking your chain.
I dont think you understand how insurance works. First, you're only insured under ONE car,under your dads policy, that would be the hyundai. If you drive the tr3, which is in your dads name, it's OK because you're on his policy.
And it would actually be cheaper to be insured as driving the tr3 or delorian as a daily driver, not the hyundai, because even though it's a sports car, it's old and doesnt have collision on it.
Look at it this way, if you crash the hyundai, the insurance company has to fork out $15,000 or whatever its worth over to you. If you crash the tr3, the insurance company doesnt have to pay you a dime.
If you're going to take out your own policy, dont, you'll save a thousand a year if you go under your dads insurance.
But in the end, talk it over with him, and call an agent, it's their job to explain things to you.
2007-06-01 10:29:59 · answer #3 · answered by Jake 4 · 0⤊ 0⤋
Your Dad will have to add you to his insurance policy for you to drive the trumpet or the D. And insurance for the Sonata will be a lot cheaper if he puts it on his policy and lists you as the primary operator.
I have no idea where you heard about that prepaid insurance card but there's no such animal. Someone is seriously pulling your chain!
2007-06-01 10:24:30 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 0⤋
i turned 16 about 6 months ago, the only thing you can hope for is to have good grades, which usually lowers your premium, other than that, 16 year old male driver is always the highest for car insurance..
2007-06-01 10:28:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Cents per mile? No such thing. Either you drive them or you don't. That's how it works.
Sorry.
2007-06-01 10:25:09 · answer #6 · answered by Barry auh2o 7 · 0⤊ 0⤋
how does dad say ouch
2007-06-01 10:49:36 · answer #7 · answered by infoman89032 6 · 0⤊ 0⤋