How does the whole car insurance thing work?
I am a 19 year old boy. My parents are buying me my first car. It is a nice pre-owned car. How does the insurance for the car generally work? Is it required? I will be in college next year. Can they take care of my car insurance? How does it work? I heard that they can put my car under their insurance. Is this true? Please explain. A: If you park your car on your parent’s property, and never drive it anywhere, you might not need to have any insurance. But if you are going to take that car out on the public highways, you need all sorts of different types of insurance to pay for medical expenses if anyone hurt in an accident, pay for repairs if any damage from accident, get another car if it is stolen, protect your assets (house, car bank accounts) from beign drained by law suits, and also keep you out of jail. While you are living under your parent’s roof, they can add you to their insurance policy … this will be expensive, but not as expensive as a policy in your own name. Once you g
