If you are in the market for car insurance, it’s not a bad idea to know who is covered by your policy. Many people are eligible for coverage on your car insurance policy- and others that aren’t.
Suppose you have children or other family members living with you. In that case, there may be no need to buy them their own separate car insurance policies. This blog post will discuss who is eligible for coverage under a single automobile insurance policy and how much each person can expect to pay.
Car Insurance Coverage:
If someone else drives one of those vehicles but doesn’t live with you, then they need their own auto liability coverage.
Your spouse’s car is covered as long as you live together, but if not, they need their own auto liability coverage.
You would also need your own insurance policy to drive any vehicle that belongs to someone who lives with you (including a roommate). You can’t use their insurance for this purpose – it’s illegal and could result in a fine of up to $500!
Parents: If one of the parents has coverage while living with their children under age 21, there are two options available:
(a) Purchase separate policies, or
(b) Create what is known as a “family floater” policy which covers all family members on any one auto policy.
The second option may make more sense than purchasing individual policies because it would cost less upfront.
What If An Accident Happens?
If you are involved in an accident, and the other driver is at fault, your car insurance company will pay for damages to your own vehicle. In addition, it’s likely that they’ll also cover some of the costs incurred by anyone who was injured as a result of the collision (minus any deductibles or co-pays).
The best way to handle such a situation is to hire an experienced personal injury lawyer Adam S. Kutner who can guide you through filing a lawsuit, take care of necessary legal tasks, and get things done in a hassle-free way.
