Tuesday, December 13, 2011

Parents of Youthful drivers.

So I get this question often. “Mike, we are thinking of giving our son/daughter the car and let them get their own insurance, what you think”

Well since I am not speaking direct to anyone I will tell you what I really think. It is a cop out; it is socially irresponsible and the lawyer who suggested that there is no chance of liability coming back to you could be very wrong.

I would be glad to elaborate on this subject but I think I can sum it up by asking this: How much liability insurance would you like the youthful driver that injures you to have? 15,000 or 500,000?