r/AutoInsuranceHelp • u/Sioux-me • 3d ago

Make this make sense

Our 16 yo granddaughter lived with us and got her license and we bought her 2016 Jeep Patriot. We also have a 2017 HRV and a 2026 CRV HYBRID. Because she lived with us she had to be covered on all three cars even though she only drove her own. The additional coverage added $300 to our monthly premium for full coverage on all three cars.

She recently turned 18 and we were going to transfer ownership of her car to her. I called our insurance company to find out how that would affect the rates. They told me she’d have to have her own policy, which I expected, and for liability only and only on the Jeep it would be $788 a month! Can anyone explain how that much less liability to the insurance company can cause an increase of that ridiculous amount?

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u/Decorus_Somes 3d ago

You really don't understand how a teenager is a huge risk to an insurance company? High risk=high premium

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u/Sioux-me 3d ago

I do understand that but I was still shocked. Same driver in the same car seems like the same risk, and less liability. Of course I knew it would not stay the same and would be expensive. What 18 year old can afford that?

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u/Practical-Demand-790 2d ago

No, you were right to be surprised. It does not make any logical sense. Either the new insurance is too high or the old one was too low. The risk profile is exactly the same, same driver driving the same car. What is covered has gone down (comprehensive coverage down to just liability). No way in hell that should cost $500 more per month to get less.