Should I stay on my parents' AAA policy or get my own Metlife car insurance policy as an 18-year-old?
I'm 18 years old and I just bought my first used car. I could get on my parents' AAA car insurance policy for $2,000, but I think that's expensive. Should I get my own policy with Metlife?
Answer provided by
Answered on Apr 16, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“As a younger driver, 99% of the time, staying on your parents’ policy is your best bet for cheap car insurance. Even though $2,000 may seem like a ton on an annual basis, it’s only $167 a month, which should be doable if you currently have a job (or nice parents).
AAA offers numerous discounts as well, including a multi-car discount and a good student discount if you can stay above a B average.
Although Metlife is a reputable company, they probably won’t be able to offer you a cheaper policy based almost solely on your age.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
If I get a non owners policy, will that stop my roommate from getting sued if I wreck her car?
My roommate wants to let me drive her car, but she doesn't want to add me to her policy. If I get a non owners policy to drive her car, will that protect her if I get in an accident? She is worried about getting sued.
May 06, 2021
Why is my final car insurance rate different from the rate I was initially quoted?
I got a really low quote from Allstate that I was happy with. But when they gave me the final price for the auto policy, it was significantly higher than the quoted price. What's going on here?
May 06, 2021