You may not be an adult yet in terms of age but you may be an independent teenager living on your own and earning your keep. Then, you would probably want to have your own auto insurance policy. It is symbolic and generally necessary to own an automobile to move around independently and easily. But can a minor get car insurance?
For all intents and purposes, you are deemed to be a minor in the care of parents until you turn 18 and legally not an adult.
There is nothing stopping a minor to buy auto insurance unless there is an age restriction on their state’s insurance laws. Most insurers would be happy to sell 16 or 17 year olds a policy as long as they have driving license or permit. However, laws usually require parent or guardian’s signature when a minor enters into a contract and insurance is a legal contract. So, until you are eighteen years of age you may need your guardian to sign for you, as you are not considered an adult yet.
Another point to check is the vehicle registration requirements of your state. Some states only allow an adult to register a vehicle on their sole names. Even if you pay for it out of your own pocket you may need to register your automobile jointly with one of your parents or guardian.
In that case, if you insist on insuring a car on your name you probably also need to insure your parents under your policy because their names are on the title. In other words, if your state doesn’t allow minors to register a vehicle on their own it is difficult for you to arrange insurance for it on your sole name. But some states allow a minor to register an automobile. For example, you must be 17 year old to register a title in South Carolina. Therefore, You need to check your state’s age restrictions on car registration and insurance.
You can certainly do whatever you want at 18. But can a minor get auto insurance on his/her own? There may be hurdles but the answer may be yes depending on your state.
At this stage quite a few people may choose to buy the vehicle under parents’ name. Then, it may actually make sense to insure the vehicle under their name and add you as listed driver. Even you own it jointly you can still be insured under your parent’s policy. If you are still living with your parents this may work out a lot cheaper and less complicated.
Actually, young drivers can stay on their parents’ insurance as long as they want or at least until they leave home or get married. This option is often preferred after considering alternative costs. The fact is that an independent vehicle insurance policy for a teen driver can be over $1,000 more expensive than insuring the vehicle attached to parents’ policies.
If you don’t own a vehicle you can still be insured to drive your parents’ car under their policy as long as you have a license. Most states require the vehicle to be registered to your name if you want to purchase insurance for it anyway.
Can I Get my Own Car Insurance at 18?
At 18 you are an adult and you don’t need anyone’s permission to enter into any legally binding deal. That is why there is nothing stopping you to arrange your automobile insurance the way you like. You can have it on your own, with a partner or decide to stay insured with parents.