and they don't have insurance, what are the potential consequences?
2007-10-04 08:34:29 · 5 answers · asked by zphibulous 2 in Business & Finance ➔ Insurance
Depends on several factors:
does this person live in your household
does this person drive your car on a regular basis
In general, if you let a friend borrow your car to run to the store and back - you let them use your car - maybe 1 time per year - then you would be fine.
If the someone is your boyfriend who lives with you and drives your car every day or several times a week - could be a problem.
Best thing to do - is ask your agent.
2007-10-04 12:14:55 · answer #1 · answered by Boots 7 · 0⤊ 0⤋
Did they live with you when you purchased the policy and you chose not to add them? Do they drive regulary? Do they have their own set of keys to the vehicle?
If that person lived with you when you purchased the policy and you chose not to add them (cheaper?) then, you lied to the insurance company. This may or may not have affected whether they would have insured you or not. I also believe that there is a question on the application asking for names/ages of all members in the household. If you chose not to tell them on the application, then they could do what they call a 'recission' of the policy. That means they will void the policy from the very first day and act as if you never had one.
Some companies press the issue some do not. If that person has an accident in your vehicle, then the adjuster will want to know where this person lives, why they were driving your car....If they find that this person has use of the car reguarly, they will likely pay whatever claim and charge you an additional premium or send you off looking for another carrier.
2007-10-05 07:02:03 · answer #2 · answered by frozenbaugh 2 · 0⤊ 0⤋
The answer to this likely varies by country and or state. In Texas and many other states, if you loan your car to someone and they cause an accident, your insurance on the car is the primary insurance. If you do not have any insurance or enough insurance, the insurance policy of the person who drove your car kicks in. You can loan your car to any licensed driver without having their name on the policy. To be sure, call your insurance company. They can tell you your liability in such a case.
2007-10-04 08:45:30 · answer #3 · answered by Mark D 2 · 0⤊ 1⤋
If they use your car regularly (the definition varies by company) or have an 'understanding' that they could use your car whenever, then your insurer has grounds for denial of coverage. You could be left holding the bag.
2007-10-04 08:43:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Depends on the state.
2007-10-04 15:58:27 · answer #5 · answered by mamatohaley+1 4 · 0⤊ 0⤋