Buying Father's car...do i need to buy a new car insurance?

[george.howard]

I'm buying my fathers car from him. I was already listed on his car as a secondary driver, but now that I'll be moving to another neighborhood in the same place (Clinton, IL), will I have to get new car insurance? I don't want to check with my car insurance company until absolutely necessary, so looking at you all for inputs.

[disneysteve]

You are an adult, living independently from your parents. Different address. Car will be titled in your name. You should have your own insurance.

[bjl584]

Originally Posted by george.howard

I'm buying my fathers car from him. I was already listed on his car as a secondary driver, but now that I'll be moving to another neighborhood in the same place (Clinton, IL), will I have to get new car insurance? I don't want to check with my car insurance company until absolutely necessary, so looking at you all for inputs.

Yes. It would be no different than buying a stranger's car. The car will be titled to you, and you will have your own address, so you need to have your own insurance.

[jerrycates]

Get a new insurance just like you were getting a new car as the new owner. It is simple like buying a car from a total stranger. Makes sense too.

[Frugal]

I bought a car from my dad, and yes, since I was not living in his home or underage, I had to purchase my own insurance as an adult. Hope that helps. Different ins. companies are different.

[george.howard]

My father has AARP’s insurance. I won’t be eligible if I go on my own. Any names you’d care to refer?

[snafu]

Run a list on-line or use an insurance broker who uses a wide variety of re-insurers. The best rates depend on your region/community, age, driving record and some use FICO scores. If you have renter's insurance with the same company you may be eligible for a discount. Make sure you are setting the same coverage as you seek comparatives.

[dczech09]

Are you living in a different state than your father? Insurance laws and registrations run on totally different systems state to state. For instance, when I moved from MN to WI, I had to buy new insurance since I was going to a different state. I went through the same company as my parents, but now have separate policies.

As always, see if you can lump together different types of insurance for discounts. I got my renters, auto, and identity theft protection insurance from the same agent/company and got discounts.