Car Insurance for Grad Students

artiesdad
Thu, 21 Oct 2010 16:40:13 +0000

[Apologies in advance if the question has already been asked]

We have two grad students leaving away from home. Neither of them has a car.

We are trying to reduce car insurance costs. When I called our agent she said that if they leave more than X miles away, which they do, we can drop them from our policy. They would still be able to drive our cars when they visit home as long as we give them permission.

Does this make sense? Does anybody have a different arrangement for college graduates not leaving at home?

Are they (we) at risk by not being insured?

Thanks in advance!