Most car insurance companies will require teens who live with their parents to be listed on the parents' policy. If you're the parent of a teen with a learner's permit, your policy should normally cover your teen without requiring you to take any action. The best thing to do is to contact insurance companies to learn their guidelines for allowing a minor to obtain their own car insurance policy. If you don't call an experienced personal injury and insurance lawyer, then you're allowing an insurance company to take advantage of you and your family.
A 17-year-old can get car insurance in most states, but as a minor, a parent or guardian must co-sign the policy. While you can title a car in the name of a minor, a license plate cannot be issued without proof of the vehicle's liability insurance. While some insurers may agree to put a policy in a teen's name, most will require a parent or guardian to sign or co-sign the car insurance policy. For help with everything related to insurance in Tennessee, contact the TDCI Consumer Insurance Services Division at 1-800-342-4029 or (61) 741-2218, or visit us online.
The best way to determine if your particular state has any regulations regarding the minimum age for buying an auto insurance policy is to contact your state's insurance regulator. Therefore, in most states, a teen cannot independently buy or insure a car because minors cannot own property in most states or sign contracts, so parents would own that property until the child becomes an adult. Law enforcement can have the vehicle towed and the Department of Revenue will suspend the car's registration until the owner can show proof of insurance. Technically, parents have no insurable interest in the vehicle, so the insurance company can refuse to add the teen's car to the parents' policy.
As lawyers who deal with insurance coverage issues every day, The Chiozza Law Firm advises all families to notify their insurance company that their child can drive a vehicle under their supervision until they obtain a valid license. SET BASIC RULES Insuring a teen driver will result in additional costs for you, no matter what insurance policy you choose. Since most insurance companies don't offer policies for children, the parent or guardian must sign the insurance documents (contract).