Skip to content

How old do you have to be to have an auto insurance policy?

Generally, as long as you are old enough in your state to have a driver’s license, you qualify for the purchase of your own car insurance.

This does not mean that it is prudent to do so.

How old do you have to be to have an auto insurance policy?
How old do you have to be to have an auto insurance policy?

If you have done any comparing of auto insurance quotes, you will know that if you are a teen and a male, you are going to have a high car insurance premium.

When you compare auto insurance quotes, you may wish to look at what the cost of having a policy of your own is versus the cost of being added to your parent’s car insurance policy.

If you are a minor, there is a good chance that your parent’s will need to sign for your policy anyway, so if it can save you money by adding your information to their policy, you might just ask them to add you.

If you are a good student and your grades are good, your car insurance company may offer you a good student discount and that will also help to save money.

You may need to prove your good student status by providing your grade slip, but if it is worth saving money, it is worth producing. Good student discounts may be available to both high school and college students. You will need to check with your car insurance company for their requirements.

If your grades do not qualify you for a good student discount, then maybe you have taken a defensive driving course. Courses like these may also allow you a discounted rate on your car insurance. You need to find out what the requirements are from your insurance company in order to qualify for the discounts.

Reports from the Insurance Information Institute indicate that car crashes are the main cause of death for teens between the ages of 15-to-20. This is why the cost of insurance premiums for teens is so high.

By comparing auto insurance quotes from several different companies, you may find a quote that will best suit your budget and get you all the coverage you need. If your parents are going to put you on their policy, your auto insurance quotes should include their current car insurance company.