<prompt> Human: Friend who wasnt on rental contract crashed rented car now I owe 10k to rental company . Friends insurance says they wont consider covering unless they can get a official statement from my insurance that, after investigation, wont cover the charge. Im currently under my parents insurance plan and my mother has told me that if I were to talk to my insurance agent and start an investigation, our rates will definitely go up regardless of them covering or not. Therefore if I were to contact my agent and when my parents rates go up, I will be dropped from my parents plan. My friend thinks hes helped as much as he could and refuses to pay out of pocket even though he was the one driving recklessly and got us into the mess. Yes it was my fault for allowing this stupid mistake to happen. Now, should I take out a 10k loan or start an investigation with my insurance company? Im about to turn 22, my credit score is 700 and I have no other debts. Im assuming in the worst case scenario if I were to start an investigation and turns out Im not covered and if my friends insurance still doesnt cover Ill still end up with a 10k debt and my insurance rate going up so I should take out loan?edit grammer  <response>: The point of insurance is to cover situations like this. Get them involved. If youre always worried about rates going up and refuse to use it when you need it, your parents are throwing money into a pit. 