Making sure every eligible family member who can drive has car insurance is fundamental. But, the last thing you want to do is pay for two or more separate policies. But, by the same token, you do not want your premiums to skyrocket by adding an inexperienced driver to your policy. Enter the family car insurance policy. What this policy does is make all assigned drivers legally sanctioned agents of the policyholder. This means you assume liability for the less experienced drivers in you family. So, while this may save you from premium hikes, it does make you liable for other drivers.
The Added Protection of Family Car Insurance
Adding new family members to your existing car insurance is a great first step, but it is imperative these new drivers understand the policy's provisions. Given that less-experienced drivers have a greater likelihood of being involved in accidents, it might be prudent to scale back the comprehensive damage coverage to stave off significant premium increases. Collision coverage, on the other hand, would be a welcome addition to your coverage. By and large it is an effective hedge against catastrophic damage. Lastly, it may be wise to add some degree of bodily injury coverage.
Know Your Options
While exploring the ramifications of a family car insurance policy, it would be cost-effective to shop for a new policy. Even if you have no intention of switching, you can leverage new car insurance quotes for even lower rates. At Car Insurance Web, we think you deserve the best possible family car insurance policy for the best possible rates. Why should you have to pay more than you have to for coverage you have to have? We can help you find up to five competitive car insurance quotes today. What are you waiting for? Start saving now.