One of the simple joys of growing up is learning to drive. Your driving lessons are undoubtedly one of the best memories of your teen years. However, for fear of facing your parents, getting into a vehicle break or scratch can be your worst nightmare. Although it may be scary, it is nowhere compared to the responsibility of taking care of our own vehicle. As soon as you get your car, you are not only responsible for your car, but are also responsible for the car insurance.

Getting a car or car insurance are both expensive propositions. But, it can be more expensive for student drivers under the age of 25, and for good reason. If you have extra money, you can get your own policy. However, in cases where you are unable to insure your own, it is ideal to stay on your parent’s policy for as long as you can. Read on to know more about
car insurance
Policy premium for student drivers.

How long can student drivers stick to their parents’ policies?
Your parents are always happy to let you stay in their house for as long as you need. Similarly, there is no age limit to be on your parents’ car insurance policies. Although the same rules may not apply
health insurance
You can get the best out of it with car insurance. As long as you live under the same roof as your parents or are dependent on your parents, you can continue on their policy. This is due to the fact that living under the same roof creates the impression that you drive the same car as your parents, regardless of how often or rarely you use the car.

However, once you move out of your parent’s home or are no longer a dependent member of your parent, you will need to get your own car insurance policy. You can get car insurance even when you live in your parents’ home. But, you will have to approach a different insurer, as no insurer will provide two policies for the same residential address. After getting your own policy, get yourself out of your parent’s place and try not to use your parent’s car to avoid claim denial.

Is it cheaper to stick to your parents’ plan?
Yes, the premium for student drivers is quite high till the age of 25 and it reduces with age. As far as insurance companies are concerned, driving experience comes with age. So, the older you are, the lower the risk and the lower the premium. Therefore, it is ideal to stick to your parent’s policy unless your parent has a bad driving record. This way, you can avail the discount with multiple drivers under one policy. So, stay with your parents
car insurance policy
Take as long as possible and save some money while you still can.