The insurance requirements are the same for all drivers in Texas. Driving without insurance is a serious crime and could result in the loss of a license, especially for new drivers. It's critical that insurance be resolved before teens hit the road. Yes, you'll need to add your teen to your car insurance if they live with you or drive your car primarily.
All drivers must have insurance before legally taking the wheel. Some states and companies expect you to add a teen driver to your policy when they get their permit, while other times you'll have to wait until they get their license. As long as they're still living with you and you have an insurable interest in the vehicle they're driving, there's no certain age at which you should remove them from your car insurance policy. You might be a little relieved to know that your teen might be fully covered by your car insurance policy.
In most cases, teens have no credit history or credit rating, which are used in some states to determine car insurance rates. The law doesn't require you to have insurance for a teen with a learner's permit, but you should always tell your insurance company if a teen is learning to drive your vehicle. Teen drivers need car insurance coverage to drive their car because it's illegal to drive without insurance. This will be the case regardless of age, as anyone who lives in your home and has access to your cars must be listed as a driver included in your car insurance.
The number varies by state, but statistics reveal that teen drivers who do well in school have fewer car accidents, meaning they have a lower insurance risk. The extent to which car insurance premiums increase with a teen in the plan will vary from company to company, but don't be surprised if you have to pay hundreds more each month, totaling more than a thousand a year. A recent Bankrate study on cheap car insurance for teens revealed that 16-year-old drivers faced some of the most expensive car insurance premiums of all age groups. Plus, by adding a teenager to your car insurance, you'll get your level of coverage right from the start when they drive your car or the car you gave them as a gift.
If you don't add a regular driver of your car, such as your teenager, to your policy, you won't normally be covered because the insurance company won't be aware of the risk. You may need to sign a form with your insurance company confirming that your child will not drive any of your cars. Your car insurance is meant to protect you and your vehicle financially from damage you may suffer on the road.