Originally Posted by Mr. F
in my experience, the highest rated driver was assigned to the highest rated vehicle, every time, no way around it.
you guys are throwing numbers around but you are forgetting the important thing...they are also using a credit score to compute the rate. no credit, bad credit, the rate goes up. do i agree with it? no, but that's the way it is.
so there's the dilemma...do we put the kid on mom and dad's policy, when the kid is going to be rated on dad's Vette or mom's Escalade, or do we put him on his own policy, where his lack of credit history will contribute to the high rate.
I can't see any way his insurance would be better on his own, so I'm voting for mom and dad's policy. My daughter has two wrecks and one ticket and her insurance would double if she went out on her own. But, like I said, ours is seriously dirt cheap. My company went out of their way to get us a great rate. I couldn't be more pleased.