I suspect some of this may vary by State. Our agent here in Texas told my wife that if we get a separate liability-only policy for our son (who just turned 16), then the price would be about $1,800 a year regardless of what the car was. Because of the exposure to which Torque alluded, he strongly recommends not adding our kids to our policy.

I'll need to struggle with this soon because we've offered to sell our '97 convertible to him for four grand. Until he comes up with the scratch he'll be stuck with our Honda minivan. (grin) Amazing how a Camaro can motivate a young American male, isn't it?

 

Yes, until they get the keys and then you never see them except at dinner time!

 

Promise?

Anyway, we got an update from our insurance broker today. They suggest a separate policy at our same company (Progressive) for our son, with my wife and I as additional drivers. Kid would be limited to ONLY the one vehicle on that policy.

For fairly high liability limits ($100/$300/$50, significantly more than Texas minimums) this will run us about $1,500/year.

I probably need to look at my umbrella policy as well. (sigh)

 

Gorn, I just got off the phone with the insurance agent. They quoted me $157 every six months for liability, uninsured motorist, and towing clause. That is with me being the primary driver and at the 100/300/100 limits. I also have multi car and homeowners discounts with that policy and I am 47!

 

yeah after reading this thread now im worried about payin for insurance. i DO NOT have a good record, im 19, and have a z28, they are gonna bend me over prob. even for PLPD.

 

holy hell man. you're just getting bent over. i pay $1800 for the full year. $150 a month, full coverage on a 1993 Z28. and i'm only a year older than you...