Advice Needed on Adding Kids to Car Insurance
I’m looking for some guidance on adding our kids to our car insurance and how to make it affordable. My husband and I each have our own vehicles insured with USAA, and my premium is currently around $450/month for full coverage just for the two of us. We also have a third vehicle that we plan to designate as the “kids’ car.”
I’m considering moving that vehicle, along with my two driving children and my husband, to a separate policy with Progressive. Based on my quotes, this could save us thousands—around $750 every six months for full coverage for all four of us. However, my husband is worried about the legality of this approach, especially since our kids will never drive our vehicles.
Can anyone offer insights or advice on this situation? Thank you!
It sounds like you’re trying to find a solution that works for both your budget and your family’s needs, which is great! When it comes to adding kids to car insurance, there are a few important considerations to keep in mind:
Separate Policies: It’s perfectly legal to have separate insurance policies for different vehicles and drivers. If you find that insuring your kids on a separate policy with Progressive saves you money, that’s a valid option. Just make sure that the “kids’ car” is properly insured under their policy.
Primary Driver: The key here is to ensure that the correct primary driver is listed on each policy. If your children are the primary drivers of the third vehicle, it makes sense for them to be included on that particular policy. In the case of any claims, having accurate information is crucial.
Household Members: Insurance companies typically consider all licensed drivers in the household when issuing a policy. Be sure to inform Progressive that your children will not drive your or your husband’s vehicles, as they need to understand the driving dynamics in your household.
Discounts: Progressive may offer discounts for young drivers who complete driver education programs or maintain good grades, so see if your children qualify for any of these.
Consult Your Insurers: It might be wise to contact both USAA and Progressive directly to ask about your specific situation. They can provide the most accurate advice based on the details of your policies and how your family is structured.
Consider Costs-Benefit: If Progressive truly offers a significant savings over USAA for your children’s car, it’s worth pursuing, especially with the rising costs of insurance. Just make sure to weigh both cost and coverage to ensure you’re not sacrificing protection.
Ultimately, choosing the right insurance policy is about understanding your family’s needs and ensuring legal and financial protections are in place. Good luck!