Glad I am not the only one who cringed at that comment.
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You both aren’t comprehending the comment well. If I let my 16 year drive my car under my insurance and they cause an at-fault accident, where significant liability occurs, that’s an open door to be sued personally. You can put your kid in any car you want, so long as they’re on their own policy. They screw up you better believe I’ll do everything I can to defend/support them, but it’s just basic risk transfer to keep young drivers off your personal policy.
How you took that comment and twisted it into raising miserable kids is interesting. I do well enough to have nice cars for my entire family, but I protect what’s mine, which will someday be theirs. My kids work even though they don’t have to. You do this for the same reasons you create a revocable trust or buy life insurance. Most people just don’t think to do it with their auto insurance because their State Farm agent with a GED says, “bundle, bundle, bundle.”
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Perhaps not where you live but in most states insurance follows the car not the driver so if it’s your car you would still be on the hook.
Even if you buy your kid a car with just their name on the title, and they have their own insurance policy, it gets iffy if they live with you, aren’t financially independent and clearly what you are doing is trying to avoid potential liability. Whether it would be enough to avoid liability is going to differ by state.
To me it seems cheaper to just keep the kid on your own insurance policy, which should yield significantly lower total insurance costs, and use the savings to buy a few million extra in umbrella insurance.
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I can’t argue with anything you’re saying, but my attorney assured me having the car titled in their name and on their own insurance has me shielded. I honestly didn’t know that differed by state.
The one thing I can remember him saying is usually one traffic ticket or accident gets your young driver bounced from the umbrella policy, which creates an even bigger problem.
Amica was charging my grandmother $1100 every 6 months to drive a 2016 Spark EV 1,000 miles (actually it’s her home health aides + me who drive her places).
We went down to liability only.
There just aren’t any SoCal fires in Malibu, PP, near the coast, around homes, beach towns, etc. 
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In fairness, we did try to warn everyone against using any carrier that does business in California or Florida.
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As someone with an 833-850 credit score, that one really frustrates me, haha
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Looks like the fires in LA will be the highest insurance fire losses for “one” event in the history of the US. Also looks like it will continue to put insurers and policyholders to the test in CA with the new insurance legislation, rising rates and cancellations.
Hope everyone stayed safe and especially those people in October that were saying “fires don’t happen in LA, in populated areas, near the water, etc.”
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Not letting them leave either California issues temporary ban on home insurance cancellations for Palisades, Eaton fire areas | abc7.com
The downside of insurance being regulated at the state level. The best way to shield yourself is switch carriers if you’re not in CA to a carrier that doesn’t do business in CA.
I think State Farm, Farmers, USAA, and Chubb (rich folks homes) are going to take a hit from these losses.
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I’ll offer another freebie for those of you in the following:
Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Wisconsin, and DC
Erie Insurance.
Additionally, those in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania.
NJM.
But I’m not in California or Florida and insurance is regulated at the state level, so it can’t hurt me, right? 
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I just got a quote from Erie in NY and it was horrible, a LOT more than Geico.
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As was NJM
They are generally the cheapest for most folks I talk to. I’d love to understand what gets into their sweet spot of underwriting. Did you apply personally or in the name of a business/LLC out of curiosity?
I am in WI and recently left Erie for Progressive then Geico and back to Progressive. They seem to be two cheapest here and really compete hard vs each other. Just saw they are also going at each other in FL auto market which the largest for both. Geico announced 3-4% reductions and Progressive 8-9% in that state.
I’m in PA and Erie was easily the cheapest for 2 cars (Polestar 2 and Ridgeline) and homeowners, compared with Travelers, Progressive, Geico, and USAA. Who knows what the rates will be upon renewal, but having the auto rate locked for 12 months is nice.
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Well, I’m in PA, erie quote is out of the range.
Just goes to show that there are so many variables involved in insurance outside of rough geographical area 
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