Determine who should be listed on your auto insurance policy.
When you are completing a car insurance application, you may be surprised when asked to list everyone in your household. This question trips a lot of people up because they don’t know whether to list everyone or just those that are going to be driving the vehicle. To help, we’ll narrow down who needs to be on your policy.
To put it in a broad sense, anyone living in your house who can drive should be listed on your policy. Even if they do not drive your vehicle regularly or at all, any driver living with you could drive your car, for example in an emergency situation. Because of this, an insurance company will want any licensed driver in your household to be listed on your policy.
Drivers of any age in your household should be listed on your policy, which means elderly motorists should be listed, too, even if their driver’s license has expired. For the same reason, teen drivers may need to be listed on your car insurance policy.
Since you may need to add roommates, older relatives, parents, spouses, and anyone else living with you to your policy, you may see your premiums fluctuate. For example, teen drivers or a roommate with a DUI can cause auto insurance rates to rise. If this is the case, you can choose to add the individual as an excluded driver. This means that he/she isn’t permitted to drive your vehicle in any situation.
If you choose not to add drivers in your household to your insurance policy, you could face severe financial consequences if an accident does happen. If the individual drivers your car and the worst happens, then your car insurance company may refuse to cover the claim.
Secure reliable auto insurance that you understand and can rely on. Talk to the team at Young Insurance to find out how to get affordable and quality auto insurance.