Insuring my 16 year old for driving

[mommy2allyandaveri]

We are insured with Gieco and have been happy with them. When we add our daughter, with a 3rd car our insurance will double. I totally get it, she's expensive! I'm not sure if other insurance companies do this but Gieco does not allow us to assign her to a vehicle. We are all equally insured on all of our cars, whether she is driving our 2019 Acura or our 2013 Hyundai.

Are there any other choices out there? Other ideas?

Someone suggested putting her on her own policy with the older car to save money but I'm not really finding that as an option. I routinely get quotes and Gieco is always the cheapest by far for us.

 

[havaneselover]

We are insured with Gieco and have been happy with them. When we add our daughter, with a 3rd car our insurance will double. I totally get it, she's expensive! I'm not sure if other insurance companies do this but Gieco does not allow us to assign her to a vehicle. We are all equally insured on all of our cars, whether she is driving our 2019 Acura or our 2013 Hyundai.

Are there any other choices out there? Other ideas?

Someone suggested putting her on her own policy with the older car to save money but I'm not really finding that as an option. I routinely get quotes and Gieco is always the cheapest by far for us.

Maybe try esurance and elephant. I get reasonable quotes with them. I also use Geico and am adding my dd in December. Her car is worth twice what mine is though so Geico’s policy probably won’t penalize me.

 

[MillauFr]

Drop collision coverage on older cars and increase deductibles

 

[WVMomof3]

We have safeco and ours is also like that. They do ask what car to put them on, but then say they are really spread across all cars. I asked about removing DD21 and they told me she could not have a separate policy if she lived in the same house because she has access to all of the cars.

 

[tvguy]

I'm not sure if other insurance companies do this but Gieco does not allow us to assign her to a vehicle. We are all equally insured on all of our cars, whether she is driving our 2019 Acura or our 2013 Hyundai.

This could have changed with Allstate as my kids are 28 and 32 and have been off my policy for some time, but they did allow us to assign vehicles. Actually, twice a year my Allstate agent did an "Insurance Review". We had DW and I and our DS and DD on the policy and 5 cars. He rated each of the kids on each of the 5 vehicles and assigned them to the cars that had the lowest rate for them. The 5th car always was insured as "unassigned driver" and it seemed to change every 6 months which of the 5 cars was listed as unassigned driver.
The second thing he did when they were away from home in College was to then check rates for our home zip code, AND the zip code their college was in. They both took cars away to College He said Allstate allowed him to rate the cars in either their home, or college zip code if they took a car to college. He then adjusted the zip code to get the lowest rate.
And DD went away to College in England for a year, he suspended her from that policy for that time frame, then added her back on without penalty when she returned to the U.S.

 

[Hikergirl]

We are insured with Gieco and have been happy with them. When we add our daughter, with a 3rd car our insurance will double. I totally get it, she's expensive! I'm not sure if other insurance companies do this but Gieco does not allow us to assign her to a vehicle. We are all equally insured on all of our cars, whether she is driving our 2019 Acura or our 2013 Hyundai.

Are there any other choices out there? Other ideas?

Someone suggested putting her on her own policy with the older car to save money but I'm not really finding that as an option. I routinely get quotes and Gieco is always the cheapest by far for us.

Is that something that is mandated by your state?
I have Geico, when I added my teens we did assign them a car. The agent even helped so that they were assigned to the car that gave us the least expensive rates. We took my ds off of one and put him on another to save a little.

 

[kymom99]

I use State Farm. Our insurance didn’t increase much when we added my son. And they rated him on the car of least value.

 

[mommy2allyandaveri]

Is that something that is mandated by your state?
I have Geico, when I added my teens we did assign them a car. The agent even helped so that they were assigned to the car that gave us the least expensive rates. We took my ds off of one and put him on another to save a little.

I'm not sure if it's state by state. I know it's new, not sure when. I found out because I kept calling them and getting quotes on cars for her and it didn't matter how old, what brand I got a quote for, they were all about the same because she wasn't being assigned to a specific car.

I talked to All State today and the lady actually didn't even want to talk to me because she's a brand new driver.

 

[cvjw]

We have State Farm and 2 sons - ages 23 and 20. We bought them both new cars when they started driving. State Farm put my name on their insurance policies, with them as the assigned drivers. One opted for a car, one for an suv. The insurance for the suv has been much cheaper than the insurance for the car over the years.

It gets cheaper every 6 months as they inch closer to age 25

 

[Hikergirl]

I'm not sure if it's state by state. I know it's new, not sure when. I found out because I kept calling them and getting quotes on cars for her and it didn't matter how old, what brand I got a quote for, they were all about the same because she wasn't being assigned to a specific car.

I talked to All State today and the lady actually didn't even want to talk to me because she's a brand new driver.

It was a little over a year ago the last time I added a new driver, maybe they changed it since then. My youngest will be getting his permit in a couple weeks so I will find out when he get his licenses if it's a new Geico policy thing I guess.

I would contact try to contact someone else at All State, I'm sure someone would be willing to help you,

 

[barkley]

we have farmers-they assigned ours the least expensive vehicle, gave a discount if we did the step above required by law driver's training course, another discount for her doing their maybe 45 minute on-line driving course, and a final one for having/maintaining a certain gpa.

 

[Klayfish]

No offense, but nobody here can give you an answer that is really worth anything. That's because your insurance rates will be 100% unique to you and your personal situation. GEICO may rate by driver and vehicle as a whole instead of "assigning" to a car, which would be company specific. However, how much they charge (or any other company) is a situation unique to you.

As an FYI, no company truly "assigns" a driver to a car. Someone can be listed as primary, but if that person is driving a different car on the policy they are still covered.

 

[mjkacmom]

Is that something that is mandated by your state?
I have Geico, when I added my teens we did assign them a car. The agent even helped so that they were assigned to the car that gave us the least expensive rates. We took my ds off of one and put him on another to save a little.

Same here, NJ and Geico, kids get assigned the cheapest vehicles. They even let me take dd18 off because she is at college 100+ miles away.

 

[tvguy]

When I bought cars for my kids, I asked my Allstate agent first which would be cheaper to insure. His list was Le Sabre, Crown Victoria, Impala, Taurus. I was actually looking at Crown Victoria Police Interceptors (used) for my son, and said I assumed THOSE are not on the list and he said no, they were the same rate. People who drive those type cars have fewer claims. I bought each child a used Taurus from Hertz. My son drove his for 10 years and 180,000 miles ( it had 25,000 miles on it when we bought it) before he totaled it, and by then he was out of the house, married and on his own policy. My daughter drove her's for 10 years, then gave it back to me last year. It's my daily driver.

 

[RUDisney]

Call an insurance broker to learn all of your options. They will shop the companies for you.

We had Erie forever, but then my DS had a DUI. Erie dropped us and we moved to Progressive because they were the least expensive full tort company... and by lease expensive, it was initially $9,000 per year for our family for DS's stupidity. Each year, we'd look to decrease by checking all of the other companies. We are now with Travelers. That saved us around $6,000 per year, since the DUI is getting older.

 

[ajwolfe]

We just added our son in August and with American Family they list you as a primary on a certain car but you have coverage on all vehicles under the policy. Considering we listed him as primary on a vehicle with not much value at all I was surprised to see it's still about $175 to insure him a month - even with a good student discount.

 

[tzolkin]

In our experience even when they list the kid on a specific vehicle, the rates for all the vehicles go up so they’re really being included on all even when it appears like they’re just on their own car.

 

[havaneselover]

I just ran the numbers on esurance which is probably close to Geico. I was paying $620/year for my odyssey. Added a 2019 civic and my rate went up to $1180. Adding dd will make the rate go up to $2150.

 

[elgerber]

Agree with using a broker. When we added DS, before he got a his own car, Liberty Mutual put him on as the driver of our spare car, a Mustang GT convertible LOL! We did get him a car quickly, but a broker shopped around and got us on AAA and their car rates are LEAGUES below anyone else we have looked at then, or in the 10 years since. The house insurance rate however...but we still come out ahead because our DD is still insured with us.

 

[Kellydelly]

When I ask my friends and coworkers how much adding a teen cost them, nobody seems to be very transparent about numbers. I haven't been able to get info on which insurance companies are better for teen rates.

Call an insurance broker to learn all of your options. They will shop the companies for you.

We had Erie forever, but then my DS had a DUI. Erie dropped us and we moved to Progressive because they were the least expensive full tort company... and by lease expensive, it was initially $9,000 per year for our family for DS's stupidity. Each year, we'd look to decrease by checking all of the other companies. We are now with Travelers. That saved us around $6,000 per year, since the DUI is getting older.

I can't imagine letting a child's DUI affect the rates for the whole household. Seems like there must be a way to exlude that driver and keep them on their own policy?