Typically, underwriters want to know who else has a license in a household and they include them in auto insurance. Depending on state and provider you may not have a saying in the matter. People living in the same house are assumed having access to the vehicle and therefore carriers like to take their details into account as well when they give you a quote. They are usually family members but it could be a roommate too.
Sometimes, this could increase premiums a lot when there is a young or high risk motorist in a household. However, most families don’t have much choice since their teenage son or daughter needs/wants to ride the family automobile. Nevertheless, there are cases in which you may be allowed to exclude a driver in the family. You can find out more by following the link.
Can Several Drivers Be on the Same Insurance Policy?
You can add people to coverage even if they don’t live with you. It is safer to list them, especially if they are close to you like a boyfriend/girlfriend/sibling and often get your car keys. Standard policies usually include occasional users but they are the people who may operate the automobile on the off chance and not have everyday access. Besides, having them listed on the schedule makes sure that they are covered without a doubt.
Often several people share one vehicle on a regular basis. Regardless of who owns the car it is a good practice to add drivers when their use is more than occasional. Generally, every addition will increase the premium. But it may reduce as well especially in the case of a younger vehicle owner adding an older and more experienced person.
How Multiple Driver Car Insurance Premiums Are Calculated
Obviously every company has own way of coming up with a quote but nearly all of them differentiate between primary and secondary. Primary is the person who uses the car more often than others listed. You need to be honest about it and not choose the person who is cheaper to insure as the main user. If they find out that you are fronting for an expensive person by falsely saying you are the main user you may be in trouble because it is a fraud.
Usually, main driver’s details weigh more than others even though you need to provide claim history of every listed person. However, including a teenager can easily double your family car’s rates. It is because mature parents are usually good motorists and teenagers are likely to crash cars. Yet, including a young person on a family policy would be much cheaper than getting him his own car and coverage.
Some carriers may actually base their premium on the details of the riskiest person listed. That is why you need to get several quotes to compare costs. In any case, you shouldn’t buy vehicle insurance without getting at least three estimates.
Is Multiple Drivers Policy Different from Multi-car?
So far this post dealt with covering several people sharing one car on one policy. If you own or have more than one in the family you may look into purchasing a multi-vehicle one that is dealt separately on this site. It can save you some money, in comparison to insuring each auto separately.
There are many ways of economically protecting automobiles. You should take the time to figure out what you need and who needs to be included. Then, you should shop for the best deals since you can potentially save hundreds of dollars. Our quote box above can help you find what you are looking for.