Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
I am thinking of buying Honda HR-V for my 20 year old daughter. May be 2023 or 2024 model with less than 20000 miles or a new car depending on the price difference. How should I start? Buy from a...
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
Another thing to consider is that insurance at school may be less (or more) than where you live.
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
If your daughter is living in dorm, does she really need to drive? Uber may sound expensive but it is often cheaper than car expenses plus insurance.
However, I believe your insurance is required...
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
Your policy since you will get a multicar discount and the car they are using may not be the one that is the cheapest to have them be the primary driver on. Make sure you get all the discounts for...
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
Having their own policy or even owning the car as a teen may not protect the parents as always "it depends".
See this article...
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
Interested if anyone knows the answer to the question whether to insure on the teen's own policy or on yours.
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
Every situation is different. If the teen is on your policy and is sued for xyz, can attorney's file a lawsuit against the teen and the parent to make up the diference in the amount paid that goes...
Car purchase and insurance for a 19 year old
Thread created 10-22-2024 by RelaxedHealth799
+1 Score
7 Replies
2,095 Views
I would talk to your insurance agent to see how much of a difference there would be, I don't think it will be that much but a multi car discount is usually nice and you could put her as the primary...
