help me with my car insurance question!?

[mylildardar]

i am currently insured on my grandfathers insurance as a secondary driver because they gave me their car when they paid it off. well now im selling that car and we are wondering how the insurance will work? will i just be able to switch it over to my new car though it will be in my name now instead of his? should i just put the name of the car in my grandfathers name to make things easier? or can it still be done with a reasonable increase on my car insurance? right now i pay 500 every 6 months because of my good driving record and i get the student discount, how much more will it go up if i have a car under my name?

 

[Coach]

Well since its the same insurance company and you haven't had a break in your insurance you should be good. The insurance agent should be able to give you quotes on both situations so that way you can see for yourself which would be the best way to go. But it sounds you may just have the same premium if you switch over to your own policy with the same company. Also they will look at the new car when determining your premium. Is it a SUV or sedan, new or used, sporty or safe, secure or easy to steal. Your age can make a difference too. Good Luck.

 

[Coach]

Well since its the same insurance company and you haven't had a break in your insurance you should be good. The insurance agent should be able to give you quotes on both situations so that way you can see for yourself which would be the best way to go. But it sounds you may just have the same premium if you switch over to your own policy with the same company. Also they will look at the new car when determining your premium. Is it a SUV or sedan, new or used, sporty or safe, secure or easy to steal. Your age can make a difference too. Good Luck.

 

[Stephanie]

All you have to do is call your agent and give them the new car's VIN number. They may ask a couple of questions as to the type of car, and some of the safety features available on it (ie, anti-lock breaks). They should be able to give you a new quote on price depending on how different it is from your old car. Your grandfather is probably getting multi-car discount on his policy with you on it. If you separate, you will probably have to pay more because of this. However, you can't go wrong calling you agent and asking them. My agent gave me an excellent deal with my good driving record and student grades.

 

[the_noob_pwner]

Well, if it was paid off (old car) than it probably only had liability. If you get a new one, you have to get full coverage which can be costly, depending on car and driving record. I believe you can still be a secondary driver on the new car if your G-pa is primary and you should get a discount for having multiple vehicles (if he has any of his) on same policy. Student discount helps too....good luck