While it can vary by your insurer, I would recommend getting your daughters' their own policy and simply paying the bill. Because you own the vehicles, you should be added as the additional interest to the policy. This way, any claims payouts would be made in your name. Although the vehicles are shown
to be garaged at your address, they're not actually there. Car insurance companies need to know where the vehicle is kept the majority of the time in order to more accurately price the premium. Depending on the zip code, the premium can change dramatically. It can be cheaper to keep the policy information at your current address or your daughter's, but you can run into additional issues down the road. For more information regarding car insurance and students, see our guide here.