Automobile Insurance question....

[FoBoT]

yes, i agree you did

 

[anno]

Yes, still live together. Basically it worked like this. Our agent e-mailed and said the accident is causing a $900 annual surcharge. $600 goes towards my car, $300 towards my fathers. Just wondering if I remove myself from the equation, how much of that surcharge will disappear.

One thing I will bitch about is helping him on the computer. I've spent hundreds of hours helping him on his computer. Never asked for a bill. He reared me, fed me for years, lets me live in his house, and he's never asked for a bill. It's odd that all of a sudden he's like "you owe me $300." Guess it's part of growing up, huh? =)

sounds like you guys have a good family relationship.. and he figures you've reached the age to be responsible for the stuff that.. you're responsible for, and he figures you're responsible for that 300 his insurance went up.

I expect that if removing you from the insurance removes the 300 from him all will be normal again.. and if it doesn't, well.. you're still saving money even after giving him the 300 bucks.. right? it doesn't sound unreasonable to me.. he's still saving you a bunch of rent.. I wouldn't bring up the working on the computer thing.. it's part of living together.. they pay the water bill, you fix the computer now and then.. and I bet that 100's of hours thing is an exaggeration.. nobody needs hundreds of hours of computer help...

you can't nickle and dime your parents. 🙂 he's thinkin' it's time you took responsibility for your actions and the wreck was.. your action so he wants you to pay for it. is just 300 bucks. way cheaper than rent. 🙂

 

[AStar617]

Didn't read thru... but I know with MetLife I signed an affadavit as a teenager that I wouldn't ever drive my mother's Benz. This took the effects of my "inexperienced driver" status away from her policy rate. I'm sure the vast majority of insurance policies work this way.

I still drove it, of course. 🙂

 

[iamwiz82]

Originally posted by: AStar617
Didn't read thru... but I know with MetLife I signed an affadavit as a teenager that I wouldn't ever drive my mother's Benz. This took the effects of my "inexperienced driver" status away from her policy rate. I'm sure the vast majority of insurance policies work this way.

I still drove it, of course. 🙂

And I would bet that you would not have been covered in the event of an accident.

 

[slick230]

Originally posted by: AStar617
Didn't read thru... but I know with MetLife I signed an affadavit as a teenager that I wouldn't ever drive my mother's Benz. This took the effects of my "inexperienced driver" status away from her policy rate. I'm sure the vast majority of insurance policies work this way.

I still drove it, of course. 🙂

And if you would have gotten into an accident your mom's ass would have been in a sling because of it. She got the benefit of not having you on her policy because of that piece of paper, and obviously you abused that privilege.

 

[cavemanmoron]

Originally posted by: minendo
Sounds fair to me.

you should have ahd your own insurance to start,and your own place to live.

 

[no0b]

Gotta love the knee jerk reaction on ATOT about living with parents.

Gotta love the belief that in ATOT that once you are ~20 you should move out and be completely independant.

 

[BustaBust]

Man I hate insurance. Mine was 4800 annually and now will be 6000 or more because I just got into an accident.

Oh, I have State Farm.

 

[KLin]

Originally posted by: BustaBust
Man I hate insurance. Mine was 4800 annually and now will be 6000 or more because I just got into an accident.

Oh, I have State Farm.

6000 a year? Are you 17 years old driving a corvette Z06 with 5 accidents and 8 tickets on your record?

 

[psiu]

Meh.

Maybe pay it this time if the insurance co. can't adjust it even removing you from the policy, but after that it's just tough luck for him, he should switch insurance carriers in that case.

Everyone is jumping on you about responsibility (even though you've indicated you will be paying it anyway) but I think pops has responsibilities here too. He didn't have to let you go on his policy. He could have told you to get your own. Not only that, he was probably getting a discount on his insurance by adding another vehicle to it.

So, yeah, I'd say pay the first premium if necessary, especially as he probably didn't budget for it, but after that he's on his own.

 

[Yellow Dog]

Hey rocket scientist, WHY DID YOUR DAD'S RATE GO UP?

Pay up
Shut up or
Move out (but you still have to pay the $300 for the next three years)

 

[cjgallen]

Can't your dad shop for a cheaper policy?

 

[Yellow Dog]

Originally posted by: cjgallen
Can't your dad shop for a cheaper policy?

Dad might be a home owner, and many insurances companies offer home/auto discounts if you have both with the same company, and have been with that company for a minimum of 3 to 5 years.

 

[Maximus Power]

Originally posted by: Red
Calm down moral highergrounders, I simply asked if this was legitimate for an insurance company to punish my father (and no other cars on the policy, like my mother and brother) even though he wasn't involved. If he wants $300, he'll get it. I just want to research it first.

 

[Maximus Power]

Originally posted by: Red
Calm down moral highergrounders, I simply asked if this was legitimate for an insurance company to punish my father (and no other cars on the policy, like my mother and brother) even though he wasn't involved. If he wants $300, he'll get it. I just want to research it first.

Oops.

Anyway, does he have you as a driver on his vehicle? Maybe this is why.
If he removes you as a driver on his vehicle this might restore the original
premium on his vehicle.

 

[waggy]

Originally posted by: Red

Originally posted by: FoBoT
do you live with your father?
if so, even if you get your own policy/are off of his, his rates probably won't go down. they look at all drivers living in the household, figuring that they all might drive the cars on that policy (because people LIE so much these days)

Yes, still live together. Basically it worked like this. Our agent e-mailed and said the accident is causing a $900 annual surcharge. $600 goes towards my car, $300 towards my fathers. Just wondering if I remove myself from the equation, how much of that surcharge will disappear.

One thing I will bitch about is helping him on the computer. I've spent hundreds of hours helping him on his computer. Never asked for a bill. He reared me, fed me for years, lets me live in his house, and he's never asked for a bill. It's odd that all of a sudden he's like "you owe me $300." Guess it's part of growing up, huh? =)

Ok so he paid for all the food, housing, clothes etc and you are bitching about working on his computers and paying for the increase in his insurance you caused?

you are an adult now. You fvucked up. Just owe up to it and pay. Then again how long des he expect you to pay?

 

[VirtualLarry]

Originally posted by: Zenmervolt
Tell your father to check and see if removing you from all of his policies will reduce his rates as well. Chances are that the increased the rates on his car because they assume that you drive it occasionally. If not, suck it up, be a man, and pay your father. It's your fault the premium went up after all.

ZV

It doesn't matter, if they live at the same residence, his premiums may continue to be higher.