Auto Insurance for College Students Out Of State?
Reader’s Question:
I am an 18-year-old California resident who has a vehicle registered here, but I will be attending college in Hawaii. Do I have to obtain a California automobile insurance for my car? Obviously, I won’t be bringing my car to college.
Kelly
San Jose, CA
Kelly, it’s too bad you can’t drive your car all the way to Hawaii . Yes, you do have to have to obtain a California automobile insurance even if you are not using it most of the time. Under the Compulsory Financial Responsibility Law in your state, vehicle owners have a financial responsibility to face if an accident wherein an injury or death arises (which is around $15,000; it can climb up to $30,000 if many are injured because of that mishap). Nonconformity with this law would result in very severe punishment.
By the way, all insurance companies in California are obligated to give reports for all automobiles to the Department of Motor Vehicles, which can be accessed by state personnel, whether they are from the court or from law enforcement. So it’s very easy for the state to know whether you’ve obtained insurance for your car or not.
There is really no choice. Maybe it would help if you know the factors that go into the price of auto insurance in California. Being 18 won’t help lower the cost. Teen drivers generally have higher premiums. Gender (I’m not sure if you’re a girl or boy because of your name) and academic performance (having A’s or B’s) will matter for most auto insurance companies.
Since you are a college student, I’m assuming you will be leaving the car under the care of your parents or guardian. A better idea would be to insure the car under your parent’s or guardian’s name. Hopefully, that would make auto insurance for your car more affordable.
How Do I Get DUI Insurance Financial Responsibility?
Q: How much does DUI insurance financial responsibility cost?
A: A LOT.
Not specific enough? Okay, I’ll break it down. There are two (2) things about your DUI financial responsibility which will inflate your prices. One is that, unless you live in one of the lucky two states which don’t require them, you will have to pay an SR22 filing fee. These aren’t too bad–usually around $15 or $30, but you may see a rise in your premiums just because you have the word SR22 attached to your policy. That’s a four letter word for car insurance companies, literally and figuratively.
Secondly, well…you were convicted of driving drunk. If you expected your car insurance company to give you a parade when they found out you needed DUI financial responsibility, you have another thing coming. When you get SR22 insurance for a DUI, your costs often triple or quadruple, because you are so high risk.
You don’t have to panic. Yeah, DUI financial responsibility insurance is expensive, but you can still dig for quotes, raise deductibles, walk a lot, get discounts, and on and on if you want cheaper premiums.
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