Okay. I figured I would post it in here, you guys have always had good advice to give. Here is my situation, not a crisis, just don't know if there is a downside to this:
Alright, I'm 19. I moved in with my gf and her family back in August, paying them rent, have my own room, very happy. Had my own car until about a month ago a jerk pulled out in front of me. My car is being totaled out, and I am getting a new car with the insurance money.
Okay, here is the question. I am thinking about what I am going to do for insurance for my new car. My gf's mother has offered to put me under her name to save some money, but that would mean that I would have to put the car under her name. Is it worth the money I would be saving? I mean, are there any downsides to it at all? I know if I get into an accident, her insurance would go up, but she says she is willing to take that risk.
Recommendations?
Alright, I'm 19. I moved in with my gf and her family back in August, paying them rent, have my own room, very happy. Had my own car until about a month ago a jerk pulled out in front of me. My car is being totaled out, and I am getting a new car with the insurance money.
Okay, here is the question. I am thinking about what I am going to do for insurance for my new car. My gf's mother has offered to put me under her name to save some money, but that would mean that I would have to put the car under her name. Is it worth the money I would be saving? I mean, are there any downsides to it at all? I know if I get into an accident, her insurance would go up, but she says she is willing to take that risk.
Recommendations?
