Nor can you legally drive your parents' car without any type of insurance. All states, except New Hampshire and Virginia, require that you have car insurance to legally drive a car. Unlike health insurance, there's no age limit when it comes to car insurance. As long as your parents' home is your permanent residence, you can stay on their insurance as a registered driver.
You may also need to take out your own car insurance policy if you own your own car, unless they are co-owners. If you or your spouse own a vehicle, you may decide to insure it with your own car insurance policy or with your parent's policy. Don't worry, the price of insurance for the occasional driver is, on average, 50% cheaper than regular insurance. You can stay on your parents' car insurance policy indefinitely as long as you live with them.
If you think your car insurance rates are higher than they should be for your family, there are a few things you can do to try to save money on your monthly premiums. You may be able to stay on your parents' car insurance if you have your own car, but it depends on the company. From time to time you can drive your parents' car if you don't have insurance and are a licensed driver. However, if you need to drive the vehicle for more than a few days, you should talk to your parents about including you in their car insurance policy.
Some companies stipulate how often or regularly a person can drive an insured car without being included in the policy. The rates may seem high if parents currently only have one liability insurance policy for their vehicles. And keep in mind that it's always illegal to drive a parent's car if that vehicle isn't properly insured. In fact, insurance companies often want every driver in a household to be listed on an auto insurance policy.
Some families choose to save money on their car insurance policy by having the lowest possible level of coverage. Understanding an auto insurance policy can be complicated, but we'll give you a full explanation of how coverage works in this situation. If you have car insurance under your parents' policy, you can expect that their policy coverage will extend to you.