Advice Needed on Adding Kids to Car Insurance
I’m looking for some guidance regarding adding kids to our car insurance and managing the costs. My husband and I have our vehicles insured with USAA, and we’re currently paying around $450/month for full coverage just for the two of us. We also own a third vehicle designated as the “kids’ car.”
I’m considering switching that vehicle and covering my two driving children along with my husband and me under a separate Progressive policy. When I’ve looked into quotes, it appears that this option could save us thousands—about $750 for six months for full coverage for all four of us. However, my husband is concerned about the legality of this arrangement, especially since the kids will never drive our personal vehicles.
Does anyone have advice or insights on this situation?
It’s great that you’re being proactive about finding a more affordable car insurance solution for your family! Here are a few points to consider regarding adding your children to a separate policy:
Separate Policies: It’s perfectly legal to have separate insurance policies for different vehicles and drivers, as long as everyone lives at the same address and the policies provide adequate coverage. If the “kids” car is primarily used by your children, insuring them on a policy that reflects that usage is logical.
Primary vs. Secondary Use: Make sure to clarify the primary use of each vehicle to the insurance companies. If your kids will only drive the designated “kids” car, you should specify that to avoid any future issues with claims.
Discounts: Look for discounts that may be available for adding multiple drivers or vehicles to your policy. Some insurers offer good student or safe driver discounts for young drivers, which could further reduce your costs.
Liability Coverage: Make sure that the policy you choose includes adequate liability coverage. This is especially important since young drivers can sometimes be more prone to accidents.
Consult with Both Insurers: It may be helpful to talk directly to representatives from both USAA and Progressive to clarify your concerns and understand the implications of having separate policies. They can provide specific guidance regarding the legalities and coverage options.
Legal Considerations: Typically, it shouldn’t be illegal to have one vehicle insured under a separate policy if done correctly. Just ensure that all factors align with your state’s insurance laws.
Ultimately, getting the best policy for your family often involves weighing the pros and cons. Comparing the cost savings with potential coverage gaps can help you make an informed decision. Good luck!