@thumper1, my insurance company said I couldn’t take my daughter off the policy unless we sent in proof that she gave up her driver’s license for our state. She lives 1,000 miles away and doesn’t own a car. Do you think I should go back to the insurance company and ask about this? thank you.
@rosered55 We didn’t take our college son offf our policy. We just reported that he is a FT student away at college with no car. We are saving some money.
He still has his license and will be driving our car when he is home on breaks, so we couldn’t drop him from the policy completely. He is also still covered if he drives a friend’s car while he’s at school, although that is unlikely.
Even a $100 deduction is better than nothing!
Our auto insurance co. also gives a good student discount. We sent in our kids" report cards. Another possible way to save a little $.
My daughter is out of college. So I’m not getting a “good student discount.”
Our son is in France for the semester, I called our agent and he will be dropped from our policy. We’ll add him back on when he comes back in 3 months. Not sure yet what the impact will be $-wise but I’m sure we will save something. The company offers a 15% discount for students who are at school away from home, but we will probably let our son take the car with him so suspect we won’t qualify. We do get a “good student” discount, though, as long he keeps his grades up!
If you have multiple cars, and younger drivers, it doesn’t work. We have two younger (read more expensive) drivers still at home (and that extra car for the kids), so if we take OOS kid off full-time on one car, Ins Co. will assign younger kid as primary driver on that car (every car owned has to have a ‘primary’ driver assigned, and I can’t be assigned 2 cars if there is another driver on my policy). So, our cost would actually go up.
We didn’t get a penny when our D went to college. My insurance company said they don’t give a discount if they stay on the policy.
@rosered55 is your daughter still a resident of your state? Is she a college student?
Mine was a college grad. Her situation was one the insurance company hadn’t dealt with. My daughter was living in a third world African country as a Peace Corps volunteer. She was not permitted to drive at all while in the Peace Corps…not at all. And we had documentation to prove it. This included even rental cars.
If your daughter is still a resident with you, and is still a college student, I don’t think yoir situation matches ours.
Potentially, your kid “could” get behind the wheel of a car. Mine could not.
My daughter graduated from college a year and a half ago and lives in another state, without a car. She could get behind the wheel of a car but it would be a rental and I assume would carry its own insurance while she was renting it.
@rosered55 , I have been in process of notifying oh insurance company of 2 good students, out of area and asked about my recent grad who is moving out of state (technically she has been out of state for 5 years), and was told to submit a copy of her lease to have her taken off out policy.
Thank you, @bhmomma!
i’m in the @iglooo camp; post #26. No discounts for kid 500 miles away. I’ve been calling and emailing about it all thanks to several posts a month ago. I might start shopping around as our agent of 20+ years says our rates are “pretty good” right now with 4 drivers/4 cars.
pretty good? bad answer!
Bgbg4us- for us each car is supposed to be assigned a driver, so if the 4 cars have drivers who are at school, no luck. In out case we have more drivers than cars, so can decrease coverage for our out of area students.
We have State Farm and they have a safe driving program for kids. They had to document some of their driving trips and then spend 15 minutes with the agent. I don’t remember the discount amount, but it was noticeable.
Also, for our agent a qualifying final college semester GPA extended our kids good student discount till age 25.
Insurance almost doubled when D went on in high school. Now that she’s off in college, just got a refund check for $95 representing just under 3 months premium, works out to $400 a year; that’s real money.
We went on the “away from home” plan for our son 375 miles away. That saves us $130 a year. We’d save $195 more than that if we went through the exercise of taking him off and putting him back on and taking him off and putting him back on, if we timed it perfectly. As it’s been like pulling teeth to get him to sign the necessary form and send it back, we’ll just go with “away from home” for now. We don’t have a kids’ car, this is just the cost of having him as an occasional driver on each of our cars.
D1 was listed on one of our cars for the reason @WhataProcess described. When she permanently moved out of state this came in very helpful. They took her on the same company insurance in the new state with no background check of accidents, etc. and she got a lower rate because she had been on our insurance.