Car insurance and ownership

iVillage Member
Registered: 11-26-2007
Car insurance and ownership
44
Mon, 08-23-2010 - 3:20pm

How does car insurance and ownership work in your blended family? Or better yet, how should it work.

Kids live in one home and visit the other. The skid that is nearing driving age is determined to get her learner's permit as soon as she is of legal age. It will be a temporary permit until classes/hours are met and she can get the real one at age 16.

Does kid have to be on CP insurance or both? If CP only, should NCP help split the cost? Should both parents cover the child on their own individual policies? The court order specifies ZIP on car insurance.

I'm assuming the kid buying a car would be different for every family and that there would be no assumptions made as to who "should" pay for what. But, I have been wrong before.

I will answer later...if there is any interest, what with all the breastfeeding/circ madness going on. :)

brc

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iVillage Member
Registered: 06-26-2009
Mon, 08-23-2010 - 3:24pm
Kid lives here and will use my car or DH and I will help him buy one. NCP may be asked to increase CS to cover half of car insurance. Most of the expense will fall on me but most of the benefit of having another driver in the house will go to me too.

 

iVillage Member
Registered: 11-26-2007
Mon, 08-23-2010 - 3:26pm

<<< Kid lives here and will use my car or DH and I will help him buy one. NCP may be asked to increase CS to cover half of car insurance. Most of the expense will fall on me but most of the benefit of having another driver in the house will go to me too.


>>>

What if NCPs car insurance requires them to cover the kid too? Should they pay for your increase and theirs?

brc

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iVillage Member
Registered: 06-14-2005
Mon, 08-23-2010 - 3:27pm
Interesting...SD is about to take driver's ed.
 
iVillage Member
Registered: 07-31-2009
Mon, 08-23-2010 - 3:29pm

I'll tell you what we (DH, BM, SM) have already decided:

ODSD lives here. Her car and insurance will be paid for by us.

It's not simply that DH is custodial; it is also due to the fact that she will contribute towards the cost of the car by running errands and possibly picking up DS's from school. That's the deal for the purchase of the vehicle.

YDSD lives with BM. It will be the exact scenario in reverse.

That way, each has paid 50/50.

With ODSD living here, I would not want BM to help with car cost or insurance, b/c I don't want her to have any say over the vehicle (including maintenance, disciplinary measures, etc.)

Swimming...  ....iz not for wuzzies...
iVillage Member
Registered: 08-09-2007
Mon, 08-23-2010 - 3:35pm

IDK about DSD, DD will have to work and pay some of it, the rest I will plan on paying. This is far enough away that DH and I have touched on it but not really decided much. I think this will be a convo we will be having in the next couple years.


I probably sound like a drill sergeant but if DD wants to drive I think she should be responsible for part of the costs.


If she drives BD's car, she'd be insured as an uninsured motorist or he can buy it on his own.

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iVillage Member
Registered: 06-26-2009
Mon, 08-23-2010 - 3:39pm
I don't see why he needs car insurance in a place he visits 2 days a month. If NCP wants to put him on that insurance he can, but I'm considering insurance here to be a needful expense and will ask for a CS raise to cover it- and probably get it without a fuss. I seldom ask for adjustments or extra currs. It's not about "my" insurance or "theirs" it's about paying for DS to have insurance where it is most useful to his life.

 

iVillage Member
Registered: 01-20-2010
Mon, 08-23-2010 - 3:45pm
Skids go on DH and my policy. BM pays half. Our agent told us that we need to carry it because we own a home and need to be protected and we also put an umbrella policy on our house. We also got the better rate. BM's Dad gave SS a car, it's in BM's name and it's insured but SS is insured on our policy and can drive all of our cars and hers. If he was in an accident in his car, her policy on the car kicks in and ours covers the rest.
iVillage Member
Registered: 02-23-2010
Mon, 08-23-2010 - 3:46pm

I don't think you sound like a drill sargeant -- I completely agree with you.


When I turned 15, I was not allowed to get my permit until I had enough money saved up to pay my portion of the car insurance for 6 months.


My kids will do the same...and if SD's mom wants to pay hers, that's fine...but if she wants BD to pay?

iVillage Member
Registered: 11-26-2007
Mon, 08-23-2010 - 3:48pm

<<>

Wouldn't NCP need insurance so that their child could drive their car? I know my insurance requires me to state if either of the adults have children and at what their ages are. Once they hit driving age, I believe we have to either insure them or refuse to let them use the cars. Plus, my NCP would like to help teach his daughter how to drive. (and just for reference, the place my skid visits 2 days a month is 2 blocks away from their primary residence.)

So, I suppose I have given away my answer. lol. I think both parents should cover their driving age children on their own individual policies. In my case, the car insurance is held by me. DH and I will cover skid on his car, not mine. My car is only in my name, was paid 100% by me, and is not available for skid use. (yeah, I know...I'm evil. The very first kick butt car I have ever owned, paid in cash, will so not be driven by a 15.5 year old!!!)

I also agree with Lou. My NCP hubs will have zero input into how/when/what his child will be allowed to drive at her primary residence. So why should he help foot the bill? I's curious about the CS upgrade. Anybody get an upgrade for car insurance? It's not like it's a mandatory thing like health insurance.

brc

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iVillage Member
Registered: 11-04-2009
Mon, 08-23-2010 - 3:51pm

>>>>


Does kid have to be on CP insurance or both? If CP only, should NCP help split the cost? Should both parents cover the child on their own individual policies? The court order specifies ZIP on car insurance.


>>>>


Ideally, I would think the child would be on CP's insurance and NCP split the costs.

Lee

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