Most of you have no knowledge of what you write and are just repeating things that you heard. This is very dangerous. Some misleading statements were made, especially since different laws govern in different states. For instance, in NYS you cannot waive or remove the personal injury protection part of the coverage. It is mandatory – and your own health insurance will not cover you for injuries sustained in a car accident.
I never advised my carrier whenever my kids got a license. When they found out (usually after an accident) they then raised my premium. They could have also cancelled or non-renewed the policy if they wanted. But, at least in NYS, the company could only do that prospectively, meaning that they have to give advance notice before the cancellation or non-renewal can go into effect. They cannot cancel or non-renew the policy after the accident for it to go into effect before the accident. In NYS, they would still have to cover the car and the driver for the accident. They have to cover ANY driver of the car involved in an accident as long as the driver had the permission and consent of the owner to drive the vehicle at the time.