Don't Have A License But You Need Car Insurance? 3 Things You Need To Know
If you own a vehicle but don't have a driver's license, getting insurance for your car may be a little tricky but is entirely possible. There are a few things you should know about getting car insurance when you don't have a driver's license.
Add a Primary Driver
If you own a vehicle but you don't have a driver's license, many car insurance companies will ask you to list someone as the primary or principal driver for the insurance policy. The primary driver should be someone who will be driving your vehicle.
For example, if you have a car but your spouse or children use it to drive you around, you will want to list them as the primary driver. The primary driver doesn't have to be a relative; it could be a roommate or a caretaker.
You will need their full name and driver's license information to add them as the primary driver for your vehicle. The policy will still be in your name, but they will be the individual who is insured to drive your car.
Exclude Yourself as a Driver
If you don't have a driver's license, you should not drive the car you own. Although this may seem obvious, many insurance companies may ask you to list yourself as an excluded driver before they offer you a policy.
This means that if you were to drive the car and get into an accident, the car insurance company would not pay any claims related to the accident. Many insurance companies are more likely to provide you with car insurance when you don't have a license if you agree to be an excluded driver on the policy. Being an excluded driver helps reduce the risk of providing you with insurance.
Consider Getting a Parked Car Policy
If you don't have a driver's license and own a vehicle that you are not driving right now but want to maintain insurance on, you may want to look into a parked car policy. A parked car policy is different than a regular car insurance policy.
With a parked car insurance policy, you are being provided with protection against things such as theft, vandalism, flooding, falling objects, and fire. You are getting comprehensive coverage for your vehicle, and not collision or liability coverage.
Be sure to carefully review the coverage with a parked car insurance policy to ensure the covered damage encompasses all the risks you are concerned about.
When it comes to getting insurance on a vehicle when you don't have a driver's license, be prepared to be asked to agree to exclude yourself as a driver on the policy and to list someone else as the primary driver. If you want insurance on a vehicle you are not driving, you may want to consider a parked car policy instead.
