| Message |
Author |
|
 Posted: Mon Nov 24, 2008 3:27 pm Post subject: If I lend my car to an uninsured driver and they get into an |
|
|
| If I lend my car to an uninsured driver and they get into an accident, will my insurance rates go up and also who is responsible for the damages? |
|
lsynnestvedt
New member
Joined: 24 Nov 2008
Posts: 1
1.49 Dollars($)
|
|
| Posted: Mon Nov 24, 2008 4:31 pm Post subject: |
|
|
| Quote: | | If I lend my car to an uninsured driver and they get into an accident, will my insurance rates go up |
Yes, if they were at fault, and maybe even if they were not (losing accident/claims free discount if any) | Quote: | | and also who is responsible for the damages? |
You or your vehicles policy would be your friend becomes an insured driver once you give them permission to drive your vehicle. You and your policy then assume all responsibility for their, (the vehicles) actions...
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 7541
Location: Missouri
172.15 Dollars($)
|
|
| Posted: Mon Nov 24, 2008 5:00 pm Post subject: |
|
|
Unfortunately for you Lori is correct. This is why I don't let people borrow my car. Be glad the person you let lend your car is not an excluded driver.
_________________
"The world of achievement has always belonged to the optimist." ---- J. Harold Wilkins.
Check out P&C, Marketing and other at www.insuranceandmore.blogspot.com |
|
Slappy
Full member
Joined: 01 May 2008
Posts: 56
Location: Reading,PA
0.08 Dollars($)
|
|
| Posted: Mon Nov 24, 2008 10:10 pm Post subject: insurance |
|
|
| I'm with you, on this one, SLAPPY. I don't let people barrow my car, either. I don't care WHO they are. If someone needs a ride, and I have the time to drive them, then I will drive them. There is a neighbor that lives in my apt complex. They don't have a car, SOOO..they don't have car insurance. However, she does have a Drivers License. STILL.............it's not gonna happen. She gets irritated sometimes, at me. But.....this is my ONLY source of transportation..ya know?? |
|
sdchargersfan
Senior member
Joined: 21 Aug 2007
Posts: 1674
2.90 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 1:01 am Post subject: |
|
|
| I am joining the band wagon on this one. I really agree. My husband did this recently and almost ended up in divorce court!! He felt bad for some young kid and lent him our old truck...in the end he finally got my point on all the reasons that this was a totally absurd thing to do... |
|
fireyone
Senior member
Joined: 07 Jan 2008
Posts: 1988
0.06 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 2:24 am Post subject: insurance |
|
|
| Oh my goodness, FIREYONE!! "Divorce Court?" Yea...I guess I would be mad, too. I DO 'feel for those', in my small 'neck of the woods', who don't have a vehicle. But.....a majority of them can't drive because of Legal issues. Which, I may add, isn't MY fault, either. I'm sorry if they think it's everyone else's fault because they can't do "this or that." |
|
sdchargersfan
Senior member
Joined: 21 Aug 2007
Posts: 1674
2.90 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 6:19 am Post subject: |
|
|
IMO its always unwise to lend the car to someone, especially to someone without coverage. No wonder firey got all worked-up 
OP, try to decline the uninsured driver, he may be your good friend, but this will be for your own good. If he cause damage to another driver, you will be held responsible for the damages, in addition to the penalties depending upon your state laws. |
|
jeorge
Senior member
Joined: 07 Oct 2005
Posts: 757
129.27 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 11:35 am Post subject: |
|
|
| Quote: | | OP, try to decline the uninsured driver |
or fully accept the responsiblity with the knowledge that if they wreck your car it's YOUR problem...end of story...i only loan a car very seldom and then only to the kids if theirs is in the shop or something with the CLEAR understanding you wreck it you pay the 500 deduct AND the increase in premiums for however long it's' there... | Quote: | | in the end he finally got my point on all the reasons that this was a totally absurd thing to do... |
Funny how stealing the trucks out from under him while he's working will do that !   "girl you so craaaaaaaazy"
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 7541
Location: Missouri
172.15 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 11:46 am Post subject: |
|
|
Lori,,, He did ask for it!!!! I could not find any other way to prove a point and make myself feel better. LOL. I am really easy going up until I get mad.
I only lend on the same basis and to VERY few people. There is two given rules that apply in my family and they are known without even speaking them out loud.
1. You break it...you fix it...
2. You wreck it...you bought it... |
|
fireyone
Senior member
Joined: 07 Jan 2008
Posts: 1988
0.06 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 12:13 pm Post subject: |
|
|
| Quote: | | I am really easy going up until I get mad. |
Me too...my husband says my nostrils flare like a bull, and he knows someone's gonna get it...
most people (unfortunately) don't realize the financial jeopardy they place themselves in when lending a vehicle...course your husband does (now)
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 7541
Location: Missouri
172.15 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 1:08 pm Post subject: |
|
|
.
.
.
sdchargersfan,
""I'm with you, on this one, SLAPPY. I don't let people barrow my car, either. I don't care WHO they are. If someone needs a ride, and I have the time to drive them, then I will drive them. There is a neighbor that lives in my apt complex. They don't have a car, SOOO..they don't have car insurance. However, she does have a Drivers License. STILL.............it's not gonna happen. She gets irritated sometimes, at me. But.....this is my ONLY source of transportation..ya know??""
The next time your neighbor wants to borrow your car tell her that if she is involved in an accident it could likely cost you an Premium increase for 3 consecutive years and definitely your Deductible amount of $500.oo [or whatever it is]
So lets see... Three years at $300.oo per year equals $900.oo plus the deductible of $500.oo comes to a total of $1400.oo.(minimum)
If she can and will hand you an Cash Deposit of $1400.oo you will *consider* letting her borrow your car.
If she won't or can't pay the deposit while she wants to borrow your car.... How can you trust her to Pony-up after the crash..?? When she doesn't need your car anymore..!
Oh... also the IRS calculates that the average auto costs xx Cents per mile to operate in the USA. So we will note the mileage when you take the car and again when its returned. This amount will be deducted from you deposit after the car is return in the same condition as it left.
FK, |
|
FK
Senior member
Joined: 10 Feb 2008
Posts: 262
Location: Pa.
35.26 Dollars($)
|
|
| Posted: Tue Nov 25, 2008 5:53 pm Post subject: insurance |
|
|
FK..............I SURE 'got all of that.' Of course she wouldn't give me that kind of cash, BEFORE she (attempts..) to drive my car. She's very irresponsible ( in ALOT of ways!!). Thsi is one of MANY reason's why she can't drive. OK.......next time she asks me I'll just tell her, " put down a 'deposit' before you use my car. This is what I calculated it to be."  |
|
sdchargersfan
Senior member
Joined: 21 Aug 2007
Posts: 1674
2.90 Dollars($)
|
|
| Posted: Thu Nov 27, 2008 1:18 am Post subject: |
|
|
| Great answer to the problem FK...I may keep that idea stored in the back of my mind for future reference. |
|
fireyone
Senior member
Joined: 07 Jan 2008
Posts: 1988
0.06 Dollars($)
|
|
| Posted: Thu Nov 27, 2008 7:19 am Post subject: insurance |
|
|
| YEA...FK. If I say all of that, to the neighbors, who keep asking to use my car, maybe they will 'think twice' about asking again. But, somehow I doubt it..LOL |
|
sdchargersfan
Senior member
Joined: 21 Aug 2007
Posts: 1674
2.90 Dollars($)
|
|
