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 may be eligible to receive a 10% discount on their own comprehensive premium if you hold a Suncorp comprehensive car insurance policy (Comprehensive, Comprehensive Extras, or Advantages) and they're under the age of 25*. Please contact us to enquire about this discount.
* If eligible for more than one discount, we usually apply any subsequent discount to the already discounted premium.
Discounts do not apply to the Suncorp Roadside Assist portion of the premium if you purchase that optional cover.