Although you should check your individual policy, most of the time you can let someone drive your car and still have coverage. As long as you give the person permission, and they only drive the car occasionally, there shouldn’t be an issue. Accidents, however, are unpredictable and can happen anytime.
Should you let a friend borrow your car?
People who often borrow your car might not be covered — because a regular driver of your car should be listed on your policy. It’s best to add frequent borrowers to your policy, such as roommates, to make sure your insurance will pay for accidents. Adding drivers can affect your rate.
What factors should you consider before letting someone borrow your car?
Things to Consider Before Letting Someone Borrow Your Car
- Has a valid driver’s license.
- Has their own insurance coverage.
- Lives in a different state.
Should I let my son borrow my car?
We recommend not lending your car to someone who doesn’t have car insurance of their own because if they cause an accident in your car, then you would be liable for the costs that exceed your coverage limit.
Should you lend your car?
“Don’t be cavalier about lending your car,” adds Salvatore. “If you know someone isn’t a good driver, think twice about giving your permission. Any crash they’re in could go on your insurance record.”
Do you need insurance to drive someone else’s car?
You do not need your own car insurance policy to drive someone else’s car every once in a while. However, if you frequently drive someone else’s car, you might want to consider getting non-owner car insurance.
How does insurance work when you lend your car?
If you lend your uninsured car to someone who has insurance, their policy will usually cover any damage or injury they cause to someone else. However, damage to your vehicle likely won’t be covered. You may also be liable for some of the damages if the driver’s insurance doesn’t cover the full amount.
Can I give my car to my friend to drive?
There’s no limit to how many people can drive the car, so any friends or family, who have your permission, are legally insured to drive it. This type of car insurance is far less common, as most people only have one, or a few, named drivers added to their existing policy.
What happens when someone borrows your car and has an accident?
What happens if someone borrows your car and gets into an accident? The short answer is your car insurance pays. … If a friend borrows your car and causes an accident, your insurance policy pays for any at-fault damages. A rule of thumb to remember in this situation is “car insurance follows the car, not the driver.”
Can someone else drive my financed car?
There are exceptions where lenders will usually allow a spouse or partner to take out the finance if the car will be used by both parties. … However, the person who takes the finance will need to be the registered keeper of the vehicle. Some lenders also require the borrower to be the main driver.
Can I lend my car to a friend long term?
If you have a regular long-term arrangement to either borrow or lend a car, the borrower should probably be added to the owner’s personal auto policy. … Ultimately, it’s usually safe to loan your friend your car for occasional errands or projects. And the same goes for borrowing a car.