Will my son save on insurance if he put me, who has a much longer good driving history, on his insurance policy?

  • by Sam
  • Dec 17,2017
  • 12 answers

Will my son save on insurance if he put me, who has a much longer good driving history, on his insurance policy?


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Insurance Answers (12)

car253 3 weeks ago

Probly. It depends on which insurance company you have and what state you live in. Usually it does help. Adding a second car give multi-car discount. Add homeowners or renters insurance adds multi-line discount. Ask the company for all their discounts and how to get them.

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g 4 weeks ago

Does your son have an insurable interest in your vehicle, Sam? If he doesn't he is not eligible to add you to his current vehicle insurance policy. If he does have an insurable interest all your son has to do is contact his insurer to ask. His insurer will give you quotes for both options. Yup, it's that simple.

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H. Marie 4 weeks ago

no

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Judy 4 weeks ago

no

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babyboomer1001 4 weeks ago

No. It will cost him more.

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amy lynn 4 weeks ago

First of all, you must live at the same address to share an insurance policy.
Next, he would save money if YOU added HIM to YOUR policy. The primary policy holder should be the person who is going to get the best rates.
In either case, the policy premiums still go up because adding anything adds to the price but two people sharing a policy usually creates a slightly lower price for both. (for example, if he pays $200 per month and you pay $100 per month, together you might only pay $250 per month and you could each save $25.)
The best thing to do is contact an insurance agent and find out your options for getting the best deal on a policy possible. But, if you don't live in the same home, then you can't be on the same policy.

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ibu guru 4 weeks ago

Your dependent or student child who resides with you might be eligible to be added to your auto insurance policy. Your son who is an independent adult cannot add you to his policy - you don't live there.

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Marcel 4 weeks ago

What you could do is ensure your name is on the title of the vehicle for joint ownership (if he is 18+ and owns the vehicle) or you/co owner own the vehicle. When you can ensure the vehicle under your name,You can add him as a feature to your existing policy as one of the drivers of the family vehicle that you own. That is the case for myself 20yo M. I recently bought a vehicle and went through that process. While it is a larger bill going to my mom I contribute and the end charge for both of us is less.

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Matthew Tant 4 weeks ago

No insurance will be high for him until he reaches around 27 regardless. It will be lowered if he gets married though before then

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lorili 4 weeks ago

I have learned that when you add.......they add..........more drivers on insurance more money it costs

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Erica 4 weeks ago

Quite the opposite actually.
EXPLANATION:
Your son, who I am guessing is a first time driver, will be seen as much more of a liability to the insurance and of course not really save money. Putting you on his insurance policy is saying you are a liability to him who probably doesn't make much. That means you rely on him, the insurance will not want to lower the cost but maybe even make it higher! You guys will pay more. I'm guessing if you're on his he would not save money rather pay more.
ANSWER:
It would be better for him to be on your insurance policy. NOT YOU ON HIS. Just ask the insurance adjuster for an estimate shouldn't take long. ALSO GET FULL COVERAGE!! Costly but if say an uninsured driver hits you, you're still covered. It is worth it I have it.

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DR + Mrs Bears face 4 weeks ago

Of course not. He will be the same high risk.

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