When you first learned to drive, your parents probably added you to their auto policy because it was the easiest and cheapest option. However, now that you are getting older and branching off on your own, you may be wondering how long you can remain covered on their policy. To ensure that you have comprehensive auto insurance in La Canada, CA, here's what teens should know about being covered don their parents' policy.
Unlike health insurance, which has an age limit of 26, children do not automatically lose their parents' auto insurance coverage when they reach a certain age. This means that, as long as children meet the appropriate requirements, they can remain on their parent's car insurance policy indefinitely.
Where you live is the most important factor for auto insurance companies who cover multiple drivers on the same policy. Usually, car insurers will allow parents and children to remain on the same policy as long as they all reside at the same address. Once you officially move out of your parents' home, you are legally required to secure your own auto insurance policy. Prior to your move, make sure you secure your own policy and inform your parents' auto insurance provider so they can remove you from their coverage. Please note that attempting to remain on your parents' policy by lying about your address is an act of fraud. Should the insurance company find out about this, then you risk being denied claims coverage and having the policy canceled altogether. So, if you do not want to affect your parents' coverage, then be upfront about your changing living situation.
There are some exceptions to the residency rule. For instance, if you are leaving home to attend college, then you can still remain on your parents' policy. This is because your parents' home is still probably your primary residence. The other exception to this rule is children of divorced parents. If your parents are divorced, you can still be listed on one parent's auto policy, even if you only live there part-time.
This is what you need to know about remaining on your parents' car insurance policy. Do you have additional questions about your auto insurance in La Canada, CA? If so, then contact the experts at Knight Insurance Services. We are ready to assist you with all your coverage needs today.