Reader’s Question:

My daughter is planning to move from Idaho to Greeley, Colorado. When can he change car insurance?

Sam

Greeley, CO

Yes, your daughter will need to change his insurance coverage however she may not need to change her car insurance carrier. Your daughter should notify her current Idaho insurance company that she is planning to move in Greeley, Colorado and know how long they will continue coverage on her automobile. She need to know the CO State laws for changing over the registration, title and driver’s license when she is a new resident of Colorado because this should help her decide when she should change over her car insurance.

The Colorado Division of Motor Vehicles (DMV) states that if you are a CO resident who drives an automobile or motorcycle on public roads and highways in the state of CO, you must have the appropriate valid Driver’s License. A resident is defined as a citizen who has lived in Colorado for ninety continuous days; or upon becoming employed in Colorado, whichever comes first. So your daughter will need to get a new driver’s license within this time period in the state of Colorado.

Tags: auto insurance, Car Insurance Company, car insurance cost, car insurance rate

Reader’s Question:

My 18 year old daughter is covered under our car insurance policy in Manchester, New Hampshire. She does not have car insurance on her vehicle. Is she covered if she gets into an accident while driving her own car?

Vince

Manchester, NH

The state of New Hampshire does not require auto insurance but if you are at fault in an accident and you did not have car insurance coverage, you will be required to obtain one.

I suggest that if you own a car you obtain at least some type of bodily injury coverage and property damage coverage.

Since the car of your 18 year old daughter is not listed on your car insurance policy in Manchester, New Hampshire it is unlikely that your insurance carrier would cover her if she gets involved in an accident while driving her vehicle. You will need to verify with your insurance carrier to know for sure if she is covered in her vehicle.

Tags: auto insurance, teen insurance, Young driver car insurance

Reader’s Question:

My 22 year old son is giving a vehicle titled in his name to his sister. Do I have to title the vehicle in another name to take out insurance so my other son can drive? We live Cedar Rapids, Iowa.

Sarah

Cedar Rapids, IA

It is likely that you will need to have your 22 year old son sign the title of his vehicle over to you or your other son if he is handing over the ownership of the car. This will permit you or your son to be the owner of the vehicle and thus can register and insure it.

If the son that is receiving the vehicle is a minor, under 18, you will likely need to also sign paperwork with him since documents such as an auto insurance policy is a legal contract and generally minors are generally not allowed to enter into a binding legal contract without a parental or legal guardian signature as well.

Tags: car, car insurance, teen insurance, Young driver car insurance

Reader’s Question:

I co-signed a lease for my teenage son’s vehicle when he was in college. A year later, he has moved out and is taking time off from college. He is still on my car insurance policy. What are our options? We live in Tamiami Florida.

Gene

Tamiami, FL

You have a couple of options depending on where the car stays everyday at the end of the day. If the car stays at your son’s residence, you should remove him and the car from your car insurance policy. Many insurance providers will not insure cars from more than one household - unless it is a student risk attending college in the same state from which the insurance policy originates. So, if you do this, I suggest that you make sure he satisfies the terms of the lease - because your credit may be at risk. Now, if the car stays at your household everyday at the end of the day and your son does not drive your cars with any frequency, you should remove him from your policy. To remove him from your insurance policy, you will probably need to provide proof he resides elsewhere. Another option is to turn the car back to the dealer - if you can. Ultimately, you will need to consult your insurance provider and the lease company to assist develop a plan that will meet your needs.

Tags: auto insurance, autos, high risk insurance, teen insurance, Young driver car insurance