Insurance - Way around TX Insurance?

I am a 19 year old driver in Tx, which means I am getting screwed by insurance companies for autop insurance. Right now I have a plan that is the minimum amount I can get in the state of texas due to the fact that my car was bought with a loan. ( 2265 a year). I have a grandparent that lives in KS and another grandparent that has a summer home in CO, is there a way I can register my vehicle under one of their addresses and get that states insurance? I am living in a house seperate from my parents for college and both of my parents live in Tx. Would this be some kind of fraud or would my grandparents be held liable if I was to get in a wreck?

Just trying to get away from TX insurance companies.

Insurance is ordinarily issued in the name of the owner of the car, unless you are a qualified dependent. At your age, you would have to be a college student or other similarly dependent person of the one in which the insurance is issued. That would enable you to be on the policy as an addition. Moreover, the insurance company typically requires that the car be titled and licensed in the state of ownership. The authority that issues titles usually requires that the title be issued to a resident of the state.

Pretty much what he said, with some additions.

Adding someone to the policy is going to make the premium go up, not down.
At your age, your premium isn't going to vary much, even if the car wasn't financed and you could drop comp and collision, you're still going to be paying quite a bit (just subtract the amount of those two coverages from your policy statement page).

The best you can do is shop around for rates or sell the car.

The only way you can register your insurance in another state (which may be even more expensive than where you are now) would be to change your residency to that state.

$2300 is fairly cheap actually. I was paying 2400 with a perfect record 15 years ago when I was your age. That rate didn't budge until I reached 25.

Sorry Sean, college kid with a car loan, get rid of the car (even though you're probably upside down on it) and get something you can afford. At $200/month for insurance you're bleeding money.

Sean,

I agree with everything offered here.

A friend recently learned the hard way when he loaned his daughter in another province a vehicle 'till she could afford to repair hers.
After having the vehicle stolen from her back yard my friend learned he was one week past the time he was required to register the vehicle in his daughter's province.

He was pretty mad at himself at first but became thankfull when he realized if his daughter had hurt someone he would have been liable.

Well I get to keep the car, its in my parents name and my parents are making the payments on it until its paid off and also paying the insurance(thank you mom and dad). I was just exploring options because here in 5 months the car is paid off and put in my name, which means I take over the insurance payments.

Wow, great parents. The best way to keep your insurance rates from getting any higher is CLEAN DRIVING RECORD and ACCREDITED DRIVER'S ED. My wife takes driver's ed every 3 or 4 years, just for the insurance break (IIRC it's 10%), I usually take it every 9 months or so because I've got a BIG RIGHT FOOT. We're in our 50s and 60s and we find it worthwhile to pay the $30 and spend a day in class.

One other thing about your driving record. I heard an insurance guy on a radio station say that some absurdly high % of accidents involving teenagers occurred in the first 2500 hours of their driving. I could be wrong on the 2500 but I'm pretty sure that was the number. Anyway when his kids started driving he ABSOLUTELY WOULD NOT ALLOW any of them to drive alone until they had that many hours behind the wheel. The result was that his 4 "kids" were now in their 20s and 30s and none of them had any accidents and only 1 ticket among them. Pretty good statistic considering 3 boys and 1 girl.

Good luck with a part time job to pay for the insurance.

Frank