Parents usually lend the car to their children when they approve the driver’s license. It is normal for children to use their parents’ car, even occasionally, for example, to take a trip with friends or run errands in town.
In these cases, is it necessary to include the child in the car insurance, even if he uses it sporadically or occasionally? What happens in the event of an accident if the child is not included in the car insurance? Does it make a difference if the child uses his parents’ car occasionally or regularly? In this article, we will answer all these questions and advise you on what to do next.
Euroteide Assurances is an insurance consultancy office located in the southern area of Tenerife that, in addition to marketing car insurance, also works with other products such as life insurance, or health insurance. With over 30 years of experience, they are experts in the industry, finding the one that best meets customer needs and providing the best service when you need to use your font.
Can my son drive my car without insurance?
The answer is yes. Your child can drive your car uninsured, but this will have certain consequences in the event of an accident. Next, we detail what happens if your child has an accident while driving your car and it is not covered by your insurance policy.
What happens in the event of an accident
In the event of an accident, if the person driving is not included in the insurance policy, the insurance company may refuse to cover the costs arising from damage to third parties. However, we can find ourselves in two different situations:
When the profile of the occasional driver is similar to that of the insured, the usual thing is that the insurer does not pose any problem and bears the costs of the claim.
When the profile of the occasional driver presents a higher risk than that of the insured, it is normal for the insurance company to consider that the insured lied (meaning that he had a hidden or undeclared driver) for not paying more money on his insurance policy and will not cover the damage. Therefore, when the occasional driver is less than 25 years old or has a driving license less than 2 years old, it is considered an aggravated risk because the probability that this driver causes an accident is higher, as confirmed by statistics, and therefore it must be included in auto insurance, although the premium for this increases. Otherwise, the insurance company will not cover the costs of a possible accident.
Given this, it is essential to include our children in the insurance if they use the car, even occasionally, because, in the event of a claim, we could find ourselves in a situation where the insurance company refuses to pay the accident costs. However, it is also possible that the equity rule applies, according to which the insurance company will not assume the costs equivalent to the premium of your insurance paid, i.e. the amount saved in n, not including your child in the insurance.
On the other hand, insurance companies can only refuse to pay the costs arising from the accident when the policy clearly and conspicuously stipulates that accidents caused by drivers not included in the insurance policy are excluded. In addition, this clause must be accepted and expressly signed by the policyholder.
Differences between occasional and habitual driving
Although it’s common for children to use their parents’ car occasionally, for trips or to do business, many children regularly use their parents’ car. Is there a difference between driving once in a while and driving regularly? When the young person does not use their parents’ car daily, in which case it is better to include it in the insurance policy, different options can be very practical:
- Occasional driver: Although all insurances include the figure of the occasional driver, the truth is that some policies establish certain restrictions because the additional driver is registered when he is under 25 years old. In any case, it is normal for insurers to choose to create a deductible when the loss was caused by the occasional driver whose risk profile is higher than that of the main driver.
- Regular driver: If the child regularly uses their parents’ car, most insurance companies will force the teenager to be included in the policy.
Advantages and disadvantages of including a new child in the insurance
Although in any case it is recommended, the inclusion of a new child in our insurance policy has a series of disadvantages and advantages. We will analyze them below.
The great advantage of including your new child in your car insurance is obvious: if the teenager suffers an accident, the insurance company will bear all the expenses related to the accident since your child is included in your policy. insurance. This is undoubtedly the best option since the expenses caused by an accident can be much greater than what we save by not including our child in the insurance.
The biggest disadvantage of including the new child in the insurance is, without a doubt, the price of the premium, the amount of which increases considerably. Indeed, being a new driver, having less than two years of driving experience, and, most likely, less than 25 years old, the young person has a higher risk profile. However, there are auto insurance policies for new drivers that can be quite inexpensive.
Either way, when it comes to getting good auto insurance, it’s best to go with a good insurance advisor with years of experience in the industry. If you are in the south of Tenerife, Euroteide Assurances is a sure hit, as they have over 24 years of experience in the sector and they will find the policy that best suits you and your situation.