answersLogoWhite
Ask
Insurance
Auto Insurance

If you are 17 and live with a friend can you be under your own insurance policy instead of your parents?

293031
Answer

Top Answer
User Avatar
Wiki User
2015-07-15 19:50:13
2015-07-15 19:50:13

YOU CAN HAVE YOUR OWN NO MATTER WHERE YOU LIVE. IT JUST COST MORE IF YOUR NOT A RIDER ON YOUR PARENTS, MY SON IS 17 JUST GOT INSURANCE FOR HIS TRUCK, $850 FOR 6 MOUNTHS (ON HIS OWN)

1
0

Related Questions

User Avatar

In rare cases, a person will make a close friend or relative the beneficiary of their life insurance policy instead of their spouse.

User Avatar

You may take out an insurance policy on your parents if you have power of attorney over them.

User Avatar

This is not a good idea. You need your own insurance policy. There are coverages you do not have by being on your parents policy. You want to be a "named insured". This means that you control the policy and not your parents. If you want to loan your car to anyone you can, if you are on your parents policy you cannot do this. Also if you need to rent a car, you are not covered under your parents policy to do this. You would be under your own policy. Contact your insurance agent for a better explanation.

User Avatar

The insured or the insured's legal guardians (such as parents) is the policy "owner".


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.