How can a parent afford car insurance for their child?

Date: Wed, 30 Jun 2010 14:07:27 -0400
From: Mark Stinson
Subject: Auto Insurance

I have a depressing dilemma . My daughter has finished her first year in College on a full ride scholarship she earned and I still haven’t been able to afford to let her get her drivers license . The lowest insurance quote was $919 for six months from Geico so far .

This is insane ,, there is no way in heck I could pay that , no way she could possibly work and make enough to drive and go to school . You have to have proof of insurance to get a drivers license in NC and the insurance companies are raping us blind on first time drivers . My daughter disserves the right to drive but again its all about the money , if your not rich you suffer period . Basically the insurance companies are saying all first time drivers are going to wreck so we will screw them all right off the bat so we don’t loose money . My son is 17 and I dare say a better driver than I am and he’s sick because he cant drive either .. I need them both to have a license so they can drive . My mother doesn’t drive much if any and I have days I don’t need to drive .

I am open for suggestions ,, this sucks big time .

My daughter finished the first year at UNCG with about a 3.55 GPA . That score was due to 2 and 3 am study nights ,, classes at 9 am , till 7 pm sometimes and constant studying through the weekends and organizing her time to get it all done .. She has to work hard to have the grades she has . If she tried to work even part time it wouldn’t be enough to pay for insurance and it would make her suffer academically .

My oldest son was in the top group in the state this last year wrestling , he played football and has grades that put him in the top of his class and the top students in the county and state . I expect him to earn scholarship too but its the same problem ,, how do I insure them both ?  I cant even insure one much less two . I am at my financial and physical limits now and I need some good advice because they need to drive .

There are two things in this world I truly despise to deal with ,, insurance salesman and big banks