Subject: Car insurance questions Let's say that I bought a car several years ago and still have about 9 months to pay on the loan. For the last three years, my ex has been driving the car and paying me the amt of the payments, plus paying for insurance on the car. Last month, he decided that he didn't want to pay the old insurance rate, so he took it upon himself to get new insurance coverage. I don't care that he wants to save himself $100 a year on payments, as long as the car is covered enough to keep the loan people off my back. But, the guy went and ONLY got himself on the policy. Does that mean the loan people are still going to come after me, since it's my name that's on the loan? Telling me to sell the car outright to him isn't a valid option. Trust me, I've tried. He won't/can't buy the car for whatever reasons (he always has an excuse).
Telling me to take the car back from him isn't a very good option, but one that I keep at the ready just in case I need to. I can afford to make the payments on the car myself, so it's not like he's doing me a favor. In fact, over the last 6 months, it's been more of a hassle for me than it really should be.
Right now, I'm just trying to get to the end of these next 9 months and then will sign the car over to this guy and be done with it and him. I just want to make sure I'm not screwed on the insurance thing. If I need to go back to him and make him put me on the policy, I will. I just want to make sure of the facts before I do that. TIA |