Get the car registered in her name as soon as she is 18. You do not need the liability for her driving.
I also have the insurance and all in my kids' name. All insurance payments come from the kid and I reimburse the kid. I do not want my name anywhere if there is a lawsuit.
I live in California, btw.
Had one kid crash when car was still registered to me. You haven't lived until you are on the dirty end of a lawsuit.
Vito
ZRiX wrote:
>>>> Just to be upfront, my daughter doesn't have a Corvette but I thought
>>>> since this group has a bunch of car enthusiasts, they might still be
>>>> willing to help another car owner (I hope).
>>>>
>>>> She wants to take her small car (corolla) to college which is about 2
>>>> hours from home (in Austin, Texas). She isn't too car inclined so I
>>>> want to prep the car for the moderate winter there and mild spring.
>>>> Actually the car is in near mint condition (4k miles on a 2004 model
>>>> and garage kept to date). I think the only things I want to do is
>>>> check fluids (maybe change oil, check belts and fluids, check tires,
>>>> change battery). I was thinking of getting her AAA membership in
>>>> case. Her car will be kept outside under a metal covered roof at an
>>>> apartment complex. It is insured presently just for liability (I
>>>> think $500 ded).
>>>>
>>>> Any other ideas or thoughts? thanks all.
>>>
>>> you could add full coverage insurance.
>>> if you're not worried about insuring the car ?
>>> why worry about anything else about the car ?
>>>
>>> my2"
>>> --
>>> 'Key
>>> =====
>>
>> I agree with key about the full coverage Ins,
>> I also think AAA is a great thing to have,
>> just make sure she remembers she has it...
>>
>> Now on the lighter side of things, You might
>> get her a set of nice rims and tires to put a
>> little style into that small family style car...
>>
>> ZyRiX
>
> Texas is a better place to be than attorney-infested California. But,
> check that the liability on that policy will cover up to your own umbrella
> limit or a large chunk of your personal assets. Out of town attorneys can
> be a real PITA if she has a fender-bender.
>
> Usually deductibles apply to comprehensive or collision coverages, not
> liability so it sounds like you've got some coverage on the vehicle. If
> you switch 1000 deductible on the collision and comprehensive you can
> probably raise the liability limit and save a buck or two.
>
> Remind her to add the AAA number to her cellphone.
>
> --
> pj
>