I’m disabled and don’t drive, but I want to insure a vehicle I’m planning to buy in California. Here’s my situation:
I got my driver’s license at 16, but after an accident at 18, I now use a motorized wheelchair and need a wheelchair-accessible vehicle.
Originally, my family purchased a budget van with cash, and it’s registered in my parents’ name. Now, I work and earn a good income, so I’m looking to buy a used wheelchair-accessible vehicle (WAV) that costs around $80,000. I qualify for financing and can afford it.
How can I insure this vehicle as the owner, even though I don’t drive? My parents, with whom I live, would be the insured drivers.
Would it be better for me to purchase the vehicle in my parents’ name rather than my own?
A quick note: I previously bought a vehicle (which I still own and have insurance for, but I’m planning to sell), where I was the insured driver since I still had my license at the time. I also added my parents as additional drivers. However, my auto insurance is over $3,000 a year, which feels excessive considering I can’t drive.
I’m also aware that I might not be legally allowed to hold a license due to my disability, but my renewal happened during COVID, and it was automatically renewed online.
It sounds like you’re navigating a complicated situation, but there are definitely options for you to insure a vehicle as a non-driver in California. Here’s what you could consider:
Purchase in Your Parents’ Name: Since your parents live with you and can drive the vehicle, purchasing it in their name might be a practical choice. This way, they can be the primary insured drivers on the policy. You can typically be listed as an additional driver or have your name added to the policy as an owner, even if you don’t drive.
Insurance Options: Contact insurance companies to discuss your situation. Some may offer policies that accommodate owners who do not drive, allowing parents to be the primary drivers while you are listed as the owner. Be transparent with your insurance agent about your disability and explain that you won’t be driving the vehicle.
Licensing Considerations: It might also be worth considering whether you should maintain your driver’s license given your current situation. Since you mentioned that you may not be legally able to hold a license due to your disability, it could be beneficial to consult with a legal professional or your local DMV for guidance on this.
Financing the Vehicle: If you decide to finance the vehicle, it’s possible to apply for the loan in your name while having the title registered in your parents’ name. Just ensure that the financing company is aware of your ownership arrangement.
Exploring Alternative Options: Given the high cost of insurance you’ve previously experienced, it may be worth shopping around for different insurance providers or even looking into specialized insurance. Some companies cater specifically to individuals with disabilities and may offer more competitive rates.
Discuss with Your Family: Make sure your parents are involved in the decision-making process. Having their support and understanding can help as you navigate this.
Remember, it’s important to get all the details clarified with both the insurance company and financing institution. Each company can have different policies regarding non-drivers, so finding one that accommodates your needs will help ensure you have the coverage you need without excess costs.