In my experience dealerships don't have you sign a liability waiver. If you are test driving a car and get into an accident, are you held responsible or is this covered by their insurance?
2007-04-30 05:04:00 · 4 answers · asked by fringefire 3 in Cars & Transportation ➔ Insurance & Registration
Yep, the dealer has an umbrella policy. If for some reason the damage exceeds that policy, then yours will kick in. Just like if you were driving a friend's car and you were both insured. Most insurance policies cover you and your passengers in any vehicle as long as you have permission to drive it, but insurance still follows the vehicle. This includes rentals, so that extra insurance they want you to buy is useless since yours will back you up.
2007-04-30 07:00:00 · answer #1 · answered by Randy 4 · 0⤊ 1⤋
the guy who insured the motor vehicle is in charge. Thats why they ask for data of financial accountability in the previous you taking the try. yet shall we are saying that to procure a motor vehicle from a broking and you're at fault at an accident the broking does have its autos insured however the insurance in basic terms lasts for 365 days. then you somewhat could desire to look for insurance by utilising your own. Thats why its extra convinient to take an previous motor vehicle to the utilising try so as that way if the guy who's taking the try crashes the motor vehicle won't have plenty value meaning that the motor vehicle does not value plenty.
2016-12-16 19:19:46 · answer #2 · answered by lot 4 · 0⤊ 0⤋
Your insurance takes the bite first, raising your insurance rates. Dealership has a policy that is second in line to cover what yours does not cover but the liability is yours!
2007-04-30 05:16:29 · answer #3 · answered by democracyisit 3 · 1⤊ 2⤋
It's covered by the dealer's insurance.
From personal experience as a car salesman in a prior life, most folks who have an accident while test driving a car will buy it out of guilt.
2007-04-30 05:09:37 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 2⤋