Car insurance question? Under parents name?

E

EmErIcAnMiLiTiA

New member
Hi all, I recently got my drivers license when I turned 17, and am now looking to buy a car. I'm looking at a Foxbody mustang 5.0. Before the "omg 17 get a civic" comments, I can drive, I seldom speed, and when I do, its on an empty road in the middle of the night. I have track experience and know how to control a car, don't try to convince me otherwise.

Now, my problem. Obviously mustang insurance for a 17yr old will be nuts, but right now I'm on my parents insurance policy so I can drive their car(1 car family), and a friend of mine told me I could just insure my car under my dad's name and claim that I drive it occasionally. So I realize I could claim my father is the primary driver and I'm just an occasional driver, but if I am actually the only one who is driving it, and something does happen where I get into an accident or get a ticket, what could happen? Would I be covered in case of an accident? Can they say no and not cover me if they find out I'm the primary driver? I'd be the only person driving it whatsoever, my dad can't even drive a stick, so I'm wondering if this is even possible or not.

Thanks.
 
Aside from the fact that you would be committing insurance fraud, there is another problem with your plan. For your parents to carry you on their policy, the vehicle would need to be in their name. Cost would still be high since it is a sports car.
 
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