Daughter Driving Without Insurance

[SallyX]

What is the name of your state? Florida
My daughter is 18 years old. She is driving her car without any insurance. The title and loan are both in my name, since my daughter could not afford to buy the car, nor get the financing to buy the car. She pays me each month, and I pay the credit union.
What exposure do I have if my daughter is in an accident? Thank you.

 

[racer72]

You could be fully liable for everything if she is involved in an accident. Does the credit union not require full coverage on the vehicle as part of the loan agreement? Either insure the car yourself or take the keys away. You are sitting on a ticking time bomb.

 

[AHA]

She is driving her car without any insurance.

Why??????????

 

[SallyX]

Why??????????

She is an irresponsible brat, concerned about other, "more important" things in her life.

 

[AHA]

She is an irresponsible brat, concerned about other, "more important" things in her life.

How did she get that way, though?
If she's such a brat, why are you letting her drive a car registered in YOUR name and financed by a loan in YOUR name?
Tell her that she needs to get a job so that she can afford to pay you the loan every month PLUS insurance. If that won't happen, then have her pay the insurance herself and owe you the money that YOU legally owe for the car every month, and you pay it until she pays you. Either way, you are spoiling her daily by letting her do this, not to mention setting yourself up for MASSIVE financial chaos if something happens on the road with her driving, and you KNOW something will happen! It's a when, not an if.

 

[moburkes]

She is an irresponsible brat, concerned about other, "more important" things in her life.

The irresponsible person in the above scenario is the mother. You are allowing your daughter to jeopardize YOUR FUTURE and ability to earn money to pay your bills, by allowing this to happen. Period.

 

[AHA]

But... but... that's not the answer she wanted...

Well, then she can call Oprah or Dr Phil, this isn't a "make friends" site. Not is it a site of which to be told lies and believe them, like a fool would.