Auto Insurance Claims: Uninsured motorists, uninsured motorist coverage, uninsured motorists

Question
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Followup To
Question -
I have full coverage on my vehicles including uninsured motorists.  If someone uses my truck and has an accident that is their fault, but they have no insurance, will my uninsured motorists cover their (and my) liability?
Answer -
Anyone driving your insured vehicle(s) WITH YOU PERMISSION is covered under your basic liability policy whether they have their own insurance coverage or not.  

Your basic liability coverage covers the NAMED INSURED ( you and a spouse), resident relatives and anyone driving your insured vehicle(s) with your permission.

If they do have their own coverage your policy would be PRIMARY (up to your liability limit) and their policy would be EXCESS above and beyond your coverage limit (if that exposure were to occur).

Your Uninsured motorist coverage is intended to cover you and anyone occupying your vehicle if you are in an accident with ANOTHER vehicle that is uninsured.......

Hope and trust that the above answers your question(s).

Feel free to get back to me with any further questions/needs relative to this issue.

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Follow-up Question

That being the case, why do parents of driving teenagers include the teens on their policy?  It severely affects the rates.  Why not just keep the vehicles in the parent's names and allow the teen to drive under the parent's policy?

Answer
The key is who own's the car(s)...

Most teens cannot get coverage under their own names... instead they are covered under the parent's policy and the cars are listed/titled in the parents name(s).

That way the teen and the parents get a break on rates as they can evoke multi-car discounts, joint Auto and Home Owner policies with the same insurer, etc...

Having been down that road (4 now adult children) I can tell you that teens impact your rates.... BUT that does not compare to what the teen(s) would have to pay on their own...

If you have a "resident relative" teen or even if they are away at school they need to be listed on the policy if they are licensed... to knowingly do otherwise is to run the risk of having your insurer cancel your polcy or worst yet  deny you coverage following an accident in which the teen was the driver...

Hope and trust that the above clarifies the issue for you.

Please take the time to rate this additional response in the various catagories.


Thanks