Friend borrowing your car? Make sure insurance covers them!

old white trabant carI have cheap auto insurance considering everything that I am covered for, my age, driving record, and my car. However, I shopped around and did my homework. And, one of the reasons I am blessed with such a low price is because my auto insurance company actually excludes my roommates from my auto insurance policy. This means, if they were to ever drive my car and something happened, the insurance company would not be responsible. So, I don’t let my roommates drive my car. It works out. However, occasionally, my friends do drive my car. Are they covered? That depends.

If you borrow your friend’s car once a month than you are most likely covered. The policy is probably written allowing the insured to give permission to a relative or other driver. However, what if you borrow the car for longer than a day or two? If this is the case, you would be considered a regular user and your friend would need to add you to their policy.

Lastly, make sure if you do borrow your friend’s car you are not using it for business reasons if they have a personal policy. If something happens, the insurance company will not cover you.

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