* Your insurance company needs to know who is driving your cars. This is because the risk of an accident is higher for teenage drivers than for adult drivers. Your insurance company needs to take this risk into account when calculating your rates.
* Your insurance company may offer a discount for adding a teenager to your policy. Some insurance companies offer discounts for families with multiple drivers. If your insurance company offers this discount, it could save you money to add your teenager to your policy, even if they don't drive one of your cars.
* Your insurance company may require you to add your teenager to your policy. Some states have laws that require parents to add their teenage drivers to their insurance policies. If you live in one of these states, you will need to add your teenager to your policy, regardless of whether or not they drive one of your cars.
Failing to tell your insurance company that your teenager has a driver's license could have serious consequences. If your teenager is involved in an accident while driving one of your cars, your insurance company could deny your claim if they find out that you did not disclose this information. This could leave you responsible for paying for the damages caused by the accident.
For all of these reasons, it is important to tell your insurance company that your teenager has a driver's license, even if you only have two cars and both are insured.
