Florida Auto Insurance Coverage for Kids in College
Some parents buy a new Florida auto insurance policy for their kids once they get their license, but most parents choose to include them in their old insurance policy instead. After all, the second process is much cheaper, considering teen drivers are quoted the most expensive prices for car insurance policies with all other factors equal.
For parents whose kids are under their own auto insurance, will your insurance policy still cover them while they are away and no longer living under your roof?
- Before anything else, let us be clear on one thing: each Florida auto insurance company will have different rules set for cases like this, and the best way to find out what happens to you and your kid’s insurance coverage is to call your insurance company or agent, give them the straight facts, and ask for the best way to still ensure their protection. The information included here are guidelines you can use to help in composing which questions you need to ask.
- Most students who are away at college are referred to as “distant student”. The term applies to students living away from their parents’ home, with no access to any of the vehicles registered under his parents who own the insurance policy he is covered by.
- Your child may drive a certain vehicle owned by friends while at college, however, so you would have to ask your Florida auto insurance agency about his coverage while doing so. Talk to your child about what you find out and pass the information on to him so he is aware of the risks he is taking too, and to ensure that if decides to drive someone else’s car, that car has to be covered by an insurance policy.
- Some parents opt to take out their child’s name from their Florida insurance policy once he goes off to college. The problem is when he visits during weekends or school breaks, he may not have insurance coverage and will then be unable to drive legally. Some insurance companies can give you leeway for visit and break driving for students, which can be a good way to save money too, ask your insurance company if they carry this option.
For parents who do not want to do the last option discussed, you can opt to let him stay as a listed driver in your own insurance and just ask the insurance company for discounts. Florida auto insurance companies may give discounts with qualifications such as the following:
- If the student lives more than 100 miles away from home, which ensures he will not be coming home every weekend, therefore lessening the risk for crashes.
- If the student is of a certain age – some companies set 23 or 24, other companies may have a different age indicated.