answersLogoWhite
Insurance
Auto Insurance Claims

Why do you need to tell your insurance company that your teenager has a drivers license when you only have two cars and both are insured?


Top Answer
User Avatar
Wiki User
2004-11-27 15:59:27
2004-11-27 15:59:27

All persons who are going to be driving the "family' vehicles have to be on the policy. Insurance companies have a different criteria for insuring teenage drivers than they do for adults.

Related Questions

User Avatar

In most cases if you are fully insured then your insurance will pay for the uninsured driver's car. However if it is only a third party insurance then most likely you have no cover if it is your fault. However it depends on the insurance company and the policy that you signed.

User Avatar

Well you see, it is for this very purpose that car insurance is required by law; it is unfair on the rest of the insured drivers if some drivers are not covered. so, basically, you wouldn't be paid out for damages unless your insurance company or broker covers you for being hit by uninsured drivers.

User Avatar

A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.

User Avatar

The teenager should have been listed on the policy of the truck as the primary operator. You then call the insurance company and ask them to provide a policy in the name of the teenager. Now if you were not disclosing the teenager to the insurance company to avoid the extra premium then you have a problem. The teenager has no history with any company and in many cases will not get anything close to a good rate.

User Avatar

The driver who hit the pedestrian is liable, not their insurance company. The drivers insurance company will normally be responsible for payment of valid claims up to the policy limits for which the their insured driver is found liable.


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.