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

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?

Answer
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.
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Savannah Grabek
Answered on Feb 22, 2021
Savannah Grabek is an expert in Personal Lines insurance. She has 5 years experience in the insurance industry. Savannah began her carrier working with just property insurance and is now tenured in all personal line including home, auto, motorcycle, boat and umbrella. She previously worked for GEICO and has now been working with Jerry insurance for the past year. Savannah lives in New York with her son, fiancé, and puppy Bear. In her free time she enjoys spending quality time with her family and hiking with her dog.
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