robinsrudy
Junior Member
What is the name of your state? North Carolina
I listen to Dave Ramsey on the radio, and he says that parents should have their teenage drivers on their own individual auto insurance policy. He claims that if a teenage driver gets into an accident in which there is damage above and beyond the insurance coverage, the parents house and other assets are not able to be touched. If there is a million or multimillion dollar lawsuit against the teenager, the parents cannot be held liable. Is this true, or are parents of teenagers always responsible for their teenagers?
Thank you,
KarenWhat is the name of your state?
I listen to Dave Ramsey on the radio, and he says that parents should have their teenage drivers on their own individual auto insurance policy. He claims that if a teenage driver gets into an accident in which there is damage above and beyond the insurance coverage, the parents house and other assets are not able to be touched. If there is a million or multimillion dollar lawsuit against the teenager, the parents cannot be held liable. Is this true, or are parents of teenagers always responsible for their teenagers?
Thank you,
KarenWhat is the name of your state?