2006-10-21 10:22:04 · 25 answers · asked by peajaetee 2 in Cars & Transportation ➔ Insurance & Registration
The cost of repairs will be covered by your company. You pay the premiums on the car and they are rated according to your age and driving record.
I don't know if you are required to check your friend for insurance but I would think the law would allow for "friends" who lie about such things. You cannot be ticketed if the friend breaks any laws but your insurance will have to pay if the accident is the fault of your friend. It might cause an increase in premiums, is your friend prepared to pay the increase?
With my company, my insurance will pay first even if the driver has insurance with a different company and then my insurance will attempt to make claim on the drivers company.
Good luck
2006-10-21 10:34:18 · answer #1 · answered by mindbender - seeker of truth 5 · 1⤊ 0⤋
Most everyone is correct. I worked for and insurance company for 12 yrs and was licensed. The insurance that is on a car stays on that car reguardless of who is driving it. If there is an accident and the driver of your car is at fault YOU are responsible and your rates will go up.
In the state of Missouri, if you rent a car and have full cov on an auto it will extend to the rental so you dont need to take out the other insurance which is very expensive - but there again, if you have an accident in the rental and your insurance has to pay out your rates will go up.
Kathy
2006-10-21 10:35:53 · answer #2 · answered by c2god2 4 · 0⤊ 0⤋
Most states require that you carry some sor tof uninsured motorist coverage in case of an accident. Insurance is for the vehicle first and the driver second. Therefore, anything that happens comes out of the cars insurance and extra stuff out of the drivers insurance. It varies by state and insurance companies though so it's best to contact your insurance company. See link below for a better explanation.
2006-10-21 10:31:04 · answer #3 · answered by krioni1979 2 · 1⤊ 0⤋
It will mostly affect the friend, but will also affect you.
The friend will have an accident on his record - if the insurance company pays out any money. This will show up even if the police were not involved. The friend will have higher auto insurance rates for 3 to 5 years because of this.
Your insurance company will pay, but your rates won't increase. But, the accident will show "in your household" for 3 to 5 years so if you ever change insurance companies then they will probably need proof that it wasn't your accident.
Other than that it won't affect you. I hope that helped!
Ron @ InsureMe http://www.insureme.com/landing.aspx?Refby=614507&Type=auto
2006-10-22 05:04:54 · answer #4 · answered by ? 2 · 0⤊ 0⤋
You. Most insurance policies have a little something called "Potential Drivers" that you list members of your household that have a license that could drive your car. If you loan your car out to someone, and they get in an accident -it goes against your policy. You are responsible for whom you hand your car keys too. They're are mitigating circumstances if your car is stolen, but if they are in an accident you will be held accountable. Read your policy and talk to your agent.
2006-10-21 10:32:48 · answer #5 · answered by wq4you 2 · 1⤊ 0⤋
You, if he was at fault. Since your insurance will be paying for the damages, your rates will probably go up.
Your insurance covers anyone who is driving your car with your permission. If your friend does not own a car, he would have no reason to have auto insurance.
2006-10-21 10:24:10 · answer #6 · answered by Bostonian In MO 7 · 2⤊ 0⤋
whether he has insurance or not, you will be responsible because he was driving your insured vehicle. it really sucks, but that's the way they work. i got into an accident when the other person was at fault and i was driving a rental car, but didn't take the insurance and they billed me for the damages! hope you don't get your rates jacked up.
2006-10-21 10:29:41 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Car is insured under your name, it doesn't matter who is driving. But Your friend may get a ticket from COP depends upon what causes the accident.
2006-10-21 10:24:47 · answer #8 · answered by Show Me Sunshine 2 · 1⤊ 0⤋
Sorry to say that the owner has some responsibility. If you look at a form complaint for motor vehicle accidents, under the cause of action for negligence, it calls for the names for both the owner of the vehicle and the driver of the vehicle. This means that your insurance company may be liable for payment. There is a presumption that you knew or should have known your friend was uninsured when you lent your car to him or her.
2006-10-21 10:26:06 · answer #9 · answered by Anonymous · 1⤊ 1⤋
Worst case, your fiends criminal duty limits might want to be decreased right down to the state minimum reduce as an unlisted motive force replaced into using the motorcar. yet this does no longer count number as you've been no longer at fault. this is no longer an outstanding considered as a constaint motive force of your persons motorcar and not in any respect be listed on her coverage. in case you've been to have yet another coincidence her coverage business business enterprise might want to initiate requested why you've been back using her motorcar. If the service discovered out that you've been using the motorcar frequently and not in any respect listed on the coverage, they could probable non-renew the coverage (you're an "unknown possibility")
2016-12-05 02:08:16 · answer #10 · answered by ? 4 · 0⤊ 0⤋