Going no contact with my parents who pay my car insurance
I apologize if this isn’t the right forum—please feel free to delete if necessary.
I’m 18, living independently, and I have a leased vehicle in my name. My dad agreed to cover my car insurance for the first year as a favor, and I’m fairly certain I’m still on their plan. Due to various circumstances, I may need to sever ties with my family by the end of the year, and I’m trying to ensure my financial stability. Once that happens, I’m unsure whether he’ll continue to pay the insurance or if it will stop. I don’t know which insurance company they’re using, and he hasn’t been forthcoming with details. Should I proactively seek my own coverage when the time comes, or could that lead to complications down the line?
It sounds like you’re in a challenging situation, and it’s great that you’re thinking ahead about your finances and insurance. Since you might go no contact with your parents, it’s wise to plan for that possibility. Here are some steps you can consider:
Research Your Options: Start looking into car insurance options now, even if you don’t need to switch immediately. This way, you’ll have a good sense of what’s available and what fits your budget.
Get Quotes: Reach out to various insurance providers and get quotes based on your vehicle and driving history. This will give you a clear idea of what you can expect to pay.
Learn About Your Current Policy: If possible, try to find out the details of your current insurance policy. This may help you compare when looking for a new policy. You can look on any insurance documents you might have or check with your state’s insurance department for guidance on finding this information.
Consider a New Policy: Even if your dad continues to pay for a while, it’s a good idea to start building your own policy. You don’t want a lapse in coverage, which can lead to higher rates down the line.
Communicate Calmly: If it’s safe and appropriate, consider having a calm conversation with your dad about the insurance situation to clarify what will happen when you go no contact. However, if that’s not feasible due to the dynamics, it’s better to focus on your own preparations.
Build a Financial Plan: As you transition to living independently, create a budget that takes into account your anticipated insurance costs, along with all your other expenses.
Planning ahead will give you more control over your situation if you do need to separate completely. Best of luck with everything!