When most teens get their driver’s license, they get added to their parents’ car insurance policy. While insurance for 16 year olds is super expensive, it costs much less being added to a parent’s policy as opposed to getting your own.  

However, there are plenty of situations where an 18-year-old no longer wants to be on their parents’ policy. In the U.S., you are considered an adult at the age of 18. Does that extend to car insurance? Can 18 year olds get their own car insurance?

We will answer your question in this article and go over any conditions involved with car insurance.

Can 18 Year Olds Get Their Own Car Insurance?

Generally speaking, the answer is yes. You can purchase your own car insurance policy at the age of 18. As a matter of fact, buying car insurance is one of the most common parts that mark adult life for those who drive cars (or young adulthood). 

Many states in the U.S. require a legal guardian’s permission for a minor, or someone under the age of 18 to obtain their own car insurance policy. However, if you are 18 years old or older, you do not need permission, and can legally get your own car insurance policy. 

Do 18 Year Olds Need to Get Their Own Car Insurance?

With that being said, it is important to note that you do not necessarily need to get your own car insurance right away. This is because you can still be enrolled in your parent’s car insurance policy at the age of 18 years old. 

As a matter of fact, there is no age limit on how long you can stay at your parent’s car insurance policy. Surprising isn’t it?

If you do determine that you need to buy your own car insurance for any number of possible reasons, we will provide more information here. As usual, this option has its share of advantages and disadvantages.

What Affects Car Insurance?

First, if you plan to purchase a car insurance policy at the age of 18, choose one that is within your budget. And shop around. The difference in costs between policies could be $1000s a year. Additionally, be sure to get a policy that has the amount of coverage you need and want

The provider of the car insurance you choose wants to collect as much information about your history on the roads. Thus, they will examine your driving record. 

And whether you have a good or bad record affects how much your rates will be. As is the case with car insurance, a bad driving record results in higher rates. 

However, if this is your first time driving, you will not have a long track record. This is one of the reasons rates for 18 year olds tends to be higher.

More on Factors that Affect Car Insurance

Experience on the road matters, which is typically equated with age. Car insurers see younger drivers as higher risks. 

Typically, car insurance policies are more expensive for 18-year-olds and become cheaper as you age. So the difference between a policy for an 18-year-old and for a 30-year-old could be profound.

Generally young drivers are more challenging to insure. This is due to their lack of road experience, and behavior issues correlated with developing prefrontal cortexes. It is understandable, since studies about brain development suggest that most people don’t reach full maturity until the age 25!

We hope that the information provided will help you make an informed decision as to whether you will decide to get your own car insurance now or wait.

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