Can I add my car to my parents' insurance to get a cheaper rate?

"Can I be added to my parents' policy even if I'll be the primary owner and operator? I'll be the registered owner, but I'm only 22. I can't find affordable full coverage for my financed car."

Answer provided by
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Emily Maracle
Answered on Jul 28, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“Since you will be the registered owner and operator, you will need to insure the vehicle under your name.
Insuring it under your parents’ policy would require them to be the registered owner as they are the named insured on the policy. Lying to an insurance company about this is considered insurance fraud.
To find cheap car insurance, you should shop around with various carriers. You can request car insurance quotes online to find the best rate for you.
Full coverage is always more expensive than liability only, so it may be difficult to find an affordable rate due to your age. The type of vehicle you get can also influence your rates. You should request quotes for a few different types of vehicles.
You may be able to find a more affordable rate with a different type of vehicle.”
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