Can I buy or lease a car under my own name if I'm on my parents' auto insurance policy?

Answered by Home Insurance, Car Insurance Expert Savannah on February 22, 2021

I'm on my dad's plan for auto insurance. But I need to get my own car pretty soon. Can I still do that if I'm on his policy, or do I need to get my own plan?

expert avatar

Savannah

Home Insurance, Car Insurance Expert

Thanks for your question! It’s better to get your own insurance for a few reasons. When you’re listed on your parents’ policy, most often you’re listed as a driver and not a named insured. Most finance companies require you to be the first person on the policy or a named insured when you buy a car through them. If the car is registered in your name, it should also be insured under your name.

Most often, at the age of 21, insurance companies are going to want you to have your own policy either way.


Car Insurance

Have an insurance question?

Our insurance agents are ready to help you, for free.

Ask your question, it’s 100% free
Recommended
Thousands of customers saved on average $887/year on their car insurance with Jerry
This app is great, but the customer service is even better! Not to mention convenient! My husband and I got the lowest rate (much lower than the rates I was finding online through my own searches), quickly, and pretty much all through text message! Thank you so much for a hassle free experience👍
Gabriella R.
Find savings (100% Free)
stars4.6/5 Rating on App Store