Reader’s Question:
I don’t know which way I should go yet in insuring my 17-year old daughter after getting her driver’s license here in Jacksonville, Florida. Should I just get her own car insurance policy or just add her on mine?
Nate
Jacksonville, FL
You could be able to save yourself some money if you exclude your teen daughter from your car insurance policy in Jacksonville, Florida under a “named exclusion.” This would let you count out your child from coverage under the insurance policy that you have. However, it would require her to obtain her own car insurance policy and have her own car. But just a reminder, if she drives your vehicle and gets into an accident, your car insurance policy will not pay because she is an excluded driver.
Should your daughter has her own car and include her on your own car insurance policy, you may inquire through your car insurance provider if they offer discounts for “multiple vehicles on one policy.” Insurance company could also offer a discount for being a good student if your daughter has a GPA of 3 or above. In this case, it would be better to have her under your own car insurance policy. You may also be offered other discounts if you install electronic devices in your vehicle to monitor your daughter.
Tags: car insurance, car insurance discounts, car insurance policy, teen car insurance
