Hi ALL!
I have a question that some of you may be able to answer stragiht off.
I will be straight to the point.
Person under 25, very high premiums for comprehensive insurance.
Parents are like 50y.o. with 60% no claim bonus.
Premiums for parents drop to $1200 instead of $3000-$4000
Parents take out policy.
Young person not listed as a dialy driver. (if he/she was listed, there no point telling the parents to take out policy in the first place!)
Car gets stolen after it was driven to the shop or where ever BY the young person. Is the car covered?
That's my question, not asking about what if its in an accident, purely about car theft.
Thank you to those that can help!