Scooter insurance in parent's name

Scooter insurance in parent's name: wise or not?

Getting scooter insurance in your parents' name seems smart at first glance. After all, the premium is often a lot lower than if you take out your own insurance. In practice, however, this can be quite disappointing.

In principle, the license plate holder of the vehicle must take out the insurance himself. If the registration number of the scooter is in your parents' name, they can indeed take out the scooter insurance. Up to the age of 18, it is permissible for your parents to take out scooter insurance in their name.

The policy states who is the main driver of the scooter. The main driver is the person who rides the scooter the most. Are you the one who rides the scooter the most? If so, it is important that your parents report you to the insurer as the regular driver. The insurer will then also include the age of the youngest driver when calculating the premium.

If you are the main driver of the scooter while the insurance is in your parents' name, the insurer may see this as misstatement. This could mean that in the event of a claim, nothing will be paid or the insurance may even be terminated.

Scooter insurance and claim-free years

When you insure your scooter in your own name, you automatically build up claim-free years. That means: the longer you drive without any damage, the more discount you will get on your premium. A smart choice, because claim-free years built up now will save you a lot of money in the future. You can often take your claim-free years with you to a car or motorcycle insurance policy.

So you only build up claim-free years if the scooter insurance is in your name. If you insure the scooter in your parents' name, they will build up the claim-free years. This way, you do not benefit from that discount, and you start again later at zero. By insuring yourself now, you invest in a lower premium in the future and you show that you treat your scooter responsibly.

Type of scooter insurance

When you buy scooter insurance, you have a choice of three different coverages:

• WA coverage
• WA +Theft and Fire
• Third-party liability + Theft, Fire and Collision

Which scooter insurance you need depends on the age of the scooter, its value and your financial position. The most comprehensive scooter insurance can be compared to the third-party cash insurance, as known from car insurance.

The best coverage for your scooter

Coverages vary widely, but so does the premium. For third-party liability + Theft, Fire and Collision, you will pay more than for basic third-party insurance. Of course, the coverages in the different forms of insurance also vary greatly. The WA scooter insurance only pays out when causing damage to another person. Damage to your own moped is not covered. In case of theft or damage due to an accident, you will have to pay the costs yourself.

The amount of the daily value can play an important role in your choice of coverage, as well as the amount of the premium. In any case, you are required to have at least third-party insurance, but you can of course choose more extensive coverage.

Scooter insurance comparison

Insure a moped in your own name? You can find the best scooter insurance for your moped or scooter by comparing providers. That way you know you'll never pay too much for insurance.