Spiker

Ok when I get a rx8 and put the car title under my name, can I still put my parents as primary driver for insurance purpose?

9krpmrx8

iTrader: (46)

Yes, the insurance just needs to know if there is a lien holder or not, they don't care who the owner is. Don't bring it up.

Do you live with your parents? If you have a driver in your household and you don't list them on your policy and let them drive your car and they get into a wreck they will deny if they find out that person lives in the same household.

kersh4w

iTrader: (3)

geico requires you to have the first name on the cars title be the policy holders name.

at least thats what they told me.

nycgps

iTrader: (1)

Yep, I was about to say

Geico requires that if you're the owner of the car, you HAVE to drive the car the most, they will ask you for that, if you say your parents drives it more often, they will decline your policy, and you cannot get policy from them for 1/2 year. (happened to me, tried to say my brother drives more than me and got it really fuxked up, good god I talked them out of it, and 2 years, no trouble, price not the lowest, but its acceptable)

Stavesacre21

If you are living the the same house with your parents, and there are other cars that you can list as your primary driver, you should be ok. However, if you're out of car, its also likely that your out of luck.

At least with my local insurance company you would be

Spiker

Ok here is the more detailed situration....we have 4 cars Odessy, new camery..new mustang gt..some old crap that i dont even remember the name of...and i am going to get a rx8...so that makes it 5 cars for 4 people.

I actually live with my aunt/uncle...they are my legal guardian...which is why I dont want to put their name on title...

Ok currently I think my cousin and i are primary driver on the crap car and my uncle is primary driver on the new camery and mustang gt (take a guess whose car belongs to who..) ... Oh yea both my cousin and I are going to college in a few month. So i was wondering if it is legal for me to have the car under my name and put my aunt as primary driver? Also if my cousin goes to college can he still put his dad as the primary driver of the car he is taking to college with?

Bascally the perfect situtation would be for me to have the title of my car and list my aunt for rx8 and me for the crap car (or the odessy if i cant list 2 people as primary driver), But i really dont know how dorm is going to affect that and the car title.

However...if my parents can list me as primary driver on one of the car with their name why shouldnt i be able to list them as primary driver on one of the car with my name? ( lol i hope this logics works x.x)

Jinks

I don't know what insurance you have but wouldn't it make more sense to have someone at the address your at, on the insurance?

But I do know that even if just your name is on the title you can put someone else's name down along with yours on the insurance. I did that with my mum so I could get the lower rate for having multiple cars.

Flashwing

Have you looked into what the rates would be with you as the primary driver? I'm insured with progressive and am under 25 with 2 tickets on my record since 2001 and w/ Arizona's minimum coverage requirements I pay less than $130 a month.

Progressive considers the RX8 to be a 4 door coupe which gets it lower rates than a 2 door sports car...that tends to make it more affordable than it would be otherwise.

ken-x8

I'd guess that's for one car and starting a new policy. My wife's car is titled under her name, and is covered under my GEICO policy. There was actually a brief period when I was between cars, and we had two titled to my wife and none to me. I was still the policy holder.

On the original question about primary driver... they periodically ask for a list of all the drivers and how much they drive each car. Also on the original idea, don't try to do anything marginal with an insurance company. They're the pros at that kind of thing. Getting tricky with them is like entering an eating contest against Jeffrey Dahmer.

Ken

Aero8

With state farm where I'm at what you want to do would not be possible. As long as you have the car in your name only then you would be the primary driver. I got screwed over when I bought my car and only put it in my name. State farm failed to mention prior to that that without my dad's name on the title I could no longer get the 15% discount for multiline (home/auto/etc) even though I still live in the house.

Rems31

I think insurance companies will need to have the owner of the vehicle as the primary driver unless that person has more than 1 car. ie say your dad has 2 cars under his name. But if you want to insure both you and your dad, he has to put you as a primary driver for one of the vehicles. And if your cousin's dad was the primary driver before college, he can still be the primary driver after he goes to college.

Now if you have only 1 car, then you have to insure yourself as the primary driver. A way to get around this is if you want to put someone else's name on the title (ie a co-owner) where you have a choice as to which person you can primarily insure through.

SilverEIGHT

I own a pick-up truck and my son drives it. The insurance is in his name. There was a brief period where the insurance was not paid and the state issued me a penalty for not having any coverage for about 3 weeks. When I went in to cover my son's insurance, I specifically asked my insurance agent if it is OK for one person to own a car and another to have the insurance in their name even if they live at another address and the answer was: "Yes, it is perfectly alright." "That is what I do, my father owns my car and I pay for insurance".

The issue is, for a car to be driven on the highway, someone has to pay taxes and be covered with insurance and as long as someone is doing that and it corresponds to the VIN then you should not have any problem. At least that is true in Georgia and with my insurance company.

dmc27

If you have a problem that leads to an expensive claim, the insurance company is likely to investigate if something seems fishy.

Don't do anything too "cute" trying to reduce rates & such, or it's likely to bite you in the ***.

Spiker

For full coverage they ask me to pay 800$ per month which mean i would pay a car every 1 and half year lol

Spiker

Well i was thinking about insure my self on either the crap car or odessy.

dmc27

$800 per month!!!??? That can't be right. Unless you've got a few DUI, vehicular manslaughters, and some serious speeding tix.

Christ - if it's gonna be that expensive just buy a house and a bike.

Visirale

Good god that's ridiculous. My rate was bad (18 years old, perfect record) with all state (something like 3-4 grand a year). We switched companies and now I'm only 1500 a year. Shop around.

Spiker

i am 18 no ticket or anything 73099 is my zip code I tired that online qoute crap multiple time and they all qoute me for for 750$ a month...full coverage that is.

Ghadrack

Seriously, playing games with insurance companies and policy technicalities can lead you to big problems. $800.00 a month is insane, the RX-8 is a stunning car and fun to drive, but that is ludicrous, I would not buy one or would wait until I don't have to finance it and buy it in cash to only carry basic liability if they are telling you $800 a month. Seriously, save that $800 up for a year and a half and buy the car in cash.

Spiker

I do have cash for the car lol :P

Rems31

I'm assuming you own another car besides a pick-up. You can have two cars and another person pays for one. But I don't think you can have only one car and have the insurance under another person.

Spiker

lmao i just called them and becuse i didnt have continuous coverage for past 3 years..they qouted me for 900$ per month wow

Ghadrack

You have to carry full coverage if you are financing, which I gather you know. If you are buying in cash, you can choose to only carry liability, obviously with a new car you want to protect your investment, but at a cost of $9,600.00 a year in premiums, that is just out of whack.

Have you gotten quotes on what basic liability coverage will run you?

I would talk to the representative at one of these companies and ask them exactly why the rates they are quoting you are so high, just to have the facts, because something seems terribly wrong with that figure. At the figure they are quoting you, the actuaries must be telling your insurance company that you are essentially guaranteed to total that car in the next 24 months and probably have large litigation fees attached. This is of course, unless like dmc27 intimated, you have been out running over school children while speeding through school zone crosswalks drunk in a dark morning rain storm without headlights or wipers on.

Spiker

Liability is only like 130$ per month and I have cash. I have a perfect clear record no nothing. I called them and when they told me that the qoute raised to 900$ a month i just laughed and hanged up..

laythor

A huge pause here:



Falsifying insurance information can result in: cancelation of policy, refusal to pay claims, and criminal charges. If your aunt and uncle are also on the policy their home owners policy can also be canceled or have it's rates drastically increased.

It's unlikely that small claims would ever raise a red flag it's also very unlikely that they would ever investigate you before a claim was filed. If you (knock on wood) ever get into a serious accident that hits the limits of your coverage, you can bet that your own insurance company would instantly see that you're the owner and someone else is the registered driver. It would not take them very long at all to see that you actually drove the car and your uncle/aunt were not.

Now the people that you killed/disable would turn to the next set of deep pockets, you're guardians insurance (homeowners, auto, etc).


Just find the best rate you can and don't throw your guardians under a bus like this.