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TooTiredMom
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| Joined: | Tue Apr 25th, 2006 |
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| Posts: | 32 |
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Posted: Tue Aug 21st, 2007 04:09 pm |
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Our insurance agent (Allstate) is asking us to sign an "Exclusion of named driver" form to drop S from our auto policy while he is away. S is going to college across the country and will not be driving again until Thanksgiving or probably Christmas.
Allstate does not give an additional discount for kids at college. We would have to either keep him on our policy at current rate or drop him with this exclusion. Agent explained that the exclusion says S is absolutely not covered as a driver of our car. Also, if S drives someone elses car, he will not be covered under our insurance (in case other kid does not have insurance or not enough if he injures someone).
Is anyone an insurance agent? Is it a bad idea to sign this form? Our agent says he can get S back on the policy at Christmas (with some effort but he can do it). S agreed not to drive any car while at school. He is in the middle of a city so I would think not many students will have cars anyway.
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Chedva
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| Joined: | Sun Mar 5th, 2006 |
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| Posts: | 570 |
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Posted: Tue Aug 21st, 2007 04:33 pm |
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I'm not an insurance agent, but I'm signing this form for my d. She won't have a car, and I don't want her driving anyone else's car, even if she were still insured under my policy! I told her that she was not to drive under any circumstances. She said, "No problem. I'll just take a cab." I said fine - she could probably take a cab every day and it wouldn't cost as much as the insurance! She's also in a city, so calling a cab shouldn't be a problem.
I will say that my agent was great - she said they do it all the time, and all I need to do is send them an e-mail with the dates she'll be home, and they'll put her back on for those dates. (I'm not with Allstate.)
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leftcoast
Member
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Posted: Tue Aug 21st, 2007 06:52 pm |
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I did this with my kids -- though I didn't have to sign anything. I just had their names dropped from the insurance policy with a phone call. I can also put them back on with a phone call (and a check, of course). Since my daughter is in NYC, I'm pretty sure she isn't doing any driving --who has cars in Manhattan? The students certainly aren't bringing cars to campus. Of course I made sure the kids understood that they had no insurance.
There are some companies that will keep the kid on the policy with a big discount, rather than dropping them entirely -- so if you are really uncomfortable with the on-again, off-again approach, you might shop around. But for me it was just a simple determination that if my kids are not home and not driving, there is no point in my paying to insure them as if they were.
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TooTiredMom
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| Joined: | Tue Apr 25th, 2006 |
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| Posts: | 32 |
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Posted: Wed Aug 22nd, 2007 02:12 am |
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Thanks for the help. I signed the form this afternoon and sent it in. One more thing to cross off the list!
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