Determining Whether to Purchase Your Own Auto Insurance
Most young people decide to get their own car insurance policy when they have their own car, move out, or generally want independence. Typically, you are supposed to get your own policy when you move out of the family home, assuming that you aren't away at college. However, some insurance agencies do have different requirements.
Car insurance is sold per household. This means that if you move out and change addresses to your parents, you should acquire your own policy. Once you move out, you may not be covered under your parent's policy. However, there are caveats. If you're considered a dependent, you can stay on your parents' insurance policy. Usually, you're a dependent if you:
- Attend college and live at home or at least part-time.
- Drive a car that your parents own and insure.
You may be tempted, but it's not a good idea to pretend that you still live with your parents. It's likely that your auto insurance company will find out and then, should you need to file a claim, they will have grounds for denying your claim or canceling coverage altogether.
You deserve an auto insurance policy that works together to bring you the best possible coverage from an insurer with your best interest in mind. For quality coverage,
contact Little & Sons Insurance Services today.
