Auto insurance question - this is crazy!!!!?
Question: My husband and I have insurance through a nationally known firm. When my son got his drivers license (he is 17) our insurance doubled (I knew that would happen). He has since then had his license taken away for 6 months. When I called the insurance company to have him dropped from the policy they said there would be no reduction in our premium. I asked why and they said as long as he lives in our home it will stay that way. I said that is crazy, he HAS NO LICENSE!. They said as long as anyone lives in our home and has no auto insurance, they are an automatic risk for us, they may take one of our cars in an emergency situation. I have never heard of this. They said "Oh yes - if I came to live in your house and had no auto insurance, I would be a risk on your policy. I was like - well how would you know if someone lived in our house. Any advice? This is a Virginia policy. Sounds like we are being ripped off. $600 a month is too much for anyone!!
Best Answers: Auto insurance question - this is crazy!!!!?
First, you posted in the pets section. Oops. Anyway, I think you are being ripped off. I would change insurance companies asap. That's the best way to send a message "I'm mad as h and I'm not gonna take it any more!" That said, I can only suggest a great company you can only use if you are military, ex-military or related to someone in the military. This company was founded by military people and really goes the extra mile to help members. That's right I said members. When you get the insurance you become a member and actually get a share of the money the company makes. It's called USAA. Find it at https://www.usaa.com/inet/ent_logon/Logon Check it out and see what they offer.
I also want to point out the reason why the insurance companies are so adamant about this. If you are allowed to remove your son from the policy and he drives the car without a license and caused an accident the insurance company is still required to pay the claim. From the company's standpoint your son is still a risk in the household with access to your vehicles. Ditto on the driver exclusion. It's not worth it.
Insurance companies make up their own rules, they can do whatever they want. I ran into the same problem with my daughter, but they allowed me to sign a waiver. This waiver stated that I would never allow my daughter to drive a Vehicle which we owned and that any accident she had would be our responsibility and the insurance would be cancelled. Ask your insurance company if there is a waiver you can sign? If not start calling different insurance companies, find out what their policies are on this and if they carry waivers. Change companies. Before you cancel the existing policy make sure you have your new insurance in place and active first. If you do not they will consider this a lapse in insurance and your rates will sky rocket and or cause a black mark and other companies will not insure you. This happened with my home owners insurance. Be prepared for a cancellation charge with the existing company. Personally, I hate insurance companies.
Report it to your insurance. They will determine (based on the police record) that it wasn't your fault, and go after the guy who hit you.
In the state of Nevada (where I handle claims), even though someone is specifically excluded under the insurance policy, the insurance company must provide coverage up to at least the minimum limits. Case law has determined this is the situation, because the injured party is entitled to some benefit. Even if you son has no driver's license, he is still able to get into the car and drive it. The insurance company still has exposure. Sorry, wish it could be a different answer, but if you were the person who was hit by your son, even as an excluded driver, you would be thankful some coverage was there.
Sounds odd. And why a charge for police report? Is this standard across USA? Uk would be crime number ( report) and free as police is public service. Contact your insurance company ASAP. Tell them about incident and give police contact details. If you have other cars plate number? Give this and any other details eg pictures . Otherwise not much you can do except enquire why such a report number etc takes 5 days when it ought to be recorded and dealt with overnight...
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