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For example, in Arizona, the family purpose doctrine is applied very broadly and holds parents liable even for the negligence of a child driving a motor vehicle in defiance of driving restrictions placed upon him. [10] In Georgia, the 'family purpose' liability extends to third parties allowed by the teenage driver to operate the car.
You co-own the car with your parent. If both you and your parent co-own the vehicle, then most insurance carriers allow you to stay on your parents policy. Your parents own the car and you live ...
Creatista/Shutterstock Between spending $40,000 on a 1-year-old's birthday party and buying your teenager a new car as a birthday present, there's no doubt which is more over the top. But a new ...
A major milestone for many households comes when their teenagers begin driving. Some families will make arrangements to purchase or finance their teens' first cars. The Future of Finances: Gen Z &...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Placing children in appropriate car seats and booster seats reduces serious and fatal injuries by more than half. [6] All infants and toddlers should ride in a rear-facing seat until they are at least of two years of age. [7] All 50 states require child seats with specific criteria. Requirements vary based on a child's age, weight and height. [8]
Typically, these laws obligate adult children (or depending on the state, other family members) to pay for their indigent parents’/relatives' food, clothing, shelter and medical needs. Should the children fail to provide adequately, they allow nursing homes and government agencies to bring legal action to recover the cost of caring for the ...
LeaseTrader.com, an online marketplace where consumers can buy and sell car leases, reports a "28.9 percent increase over the last two years in the number of parents asking their children to co ...