If your child is heading off to college with a car, you may wonder whether that vehicle can remain on your personal auto insurance policy with H & R Insurance Group LLC, serving Portland, OR. In many cases, the answer is yes, but it depends on several important factors, including where your student lives and how the car is used.
Residency and Ownership Matter
In Oregon, most insurance companies allow a college student’s vehicle to stay on a parent’s policy if the student still has a permanent address at home. As long as the student is considered a dependent and you own the vehicle or it’s registered to your address, coverage typically continues without issue.
However, if the student establishes permanent residence in a different state or registers the car in their own name, your existing policy may no longer apply. It’s vital to review ownership and garaging details with your insurance provider to ensure proper coverage.
Premiums May Adjust Based on Location
Where the vehicle is kept also affects your insurance premiums. If your child takes the car to school in a busy city or a region with higher accident rates, your premium may increase. Conversely, some insurers offer discounts for students attending college more than 100 miles from home without bringing a car.
Maintain Strong Coverage
While it may be tempting to reduce coverage to save money, consider maintaining full protection for a student vehicle. College drivers are often less experienced, and campus parking lots can pose risks. Comprehensive liability, collision, and comprehensive coverage can help avoid costly out-of-pocket expenses.
Speak with an Oregon Agent
Before making any changes to your policy, consult with a local insurance agent at H & R Insurance Group LLC, serving Portland, OR. We understand state laws and company requirements and can help you determine whether keeping the student’s vehicle on your policy is the most practical—and legal—choice.
