Will my child’s policy be cheaper if I insure the vehicle under my name?
Yes, it may be, however if your son or daughter has their own car it should be insured in their own name. This will give your child their own insurance history and at each renewal they can earn claims free driver rewards and other incentives to remain insured with us. It is important to note that to be the policyholder, you must have a financial interest in the car.
Your child can receive a 10% discount on their own comprehensive premium if you have comprehensive car insurance with Suncorp. To find more ways to save on your insurance, visit our website.