Cheap 17 Year Old Car Insurance
Reader question:
Can you let a 17 year old drive your car even if they aren’t included on your car insurance policy?
Margeret
It depends on your situation, Margeret.
I’d like to know under what circumstances the teenager is driving your car. First of all, does the teenager live with you, is he or she your child, etc.? If the teenager is considered part of your household, that is to say, if they live with you, then you should add them to your policy as soon as they get their driver’s license. This means a big hike in the price of your auto insurance premium for the 17 year old car insurance coverage, but it is much better than what the repercussions would be if the 17 year old ever had to make a claim and had not been listed on the policy.
Everybody who is driving has to have motor vehicle insurance. If the 17 year old does not live with you, then yes, that kid will be covered if he or she drives your car, because any friends or relatives who drive your vehicle are covered, regardless of age. So if you little your little brother borrow your car to run an errand, he will be covered.
Cheers,
Fashun Guadarrama.
Car Insurance Liability Coverage For Seperated Couples?
Reader question:
My husband and I are separated, and I have a question about his car insurance liability coverage. Is there a way that I could limit it so that it doesn’t apply to me?
Nina
I’m glad you asked, Nina.
Unfortunately, when one spouse gets into a car accident and or has a lawsuit brought against them, it usually ends up that both spouses are liable and end up sitting together in the court room while they lose everything they own. This is one of the reason that many couples in this day and age are signing pre nuptial agreements before they get married, so that they can retain their solvency against their spouse’s debts. The problem is, though, that such agreements only apply to wealth accrued and debt from before the marriage itself, so after marriage it is much more difficult.
The best advice that I could give to you at this moment is to get in touch with a lawyer to see what your options are should your husband be the cause of an accident while the two of you are separated. It is possible that, depending on what state you live in, your lawyer could set up something for you that would make it to where you do not have to take part in any of the repercussions of your spouse’s car insurance liability claims.
Failing that, the most foolproof way to get out of this situation is to go ahead and get a divorce. While the two of you are still married, if in name alone it does not matter, you are still economically tied and thus share an often joint culpability for many financial matters. The way to sever this tie is to start the divorce proceedings. While you should never rush into something like that, it is a thought.
Cheers,
Fashun Guadarrama.
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