Ask the Insurance Expert

Letting a Neighbor Borrow Your Car

Your neighbor asks to borrow your car or truck. He tells you not to worry that he has the best insurance available and he will accept full responsibility for any damage to your vehicle or the liability if he hits and injures someone else. On the way home he hits another car and causes property damage to your vehicle, the other vehicle, and injures two occupants that are rushed to the hospital. You are sued by the other parties and their insurance companies for all injuries and damages. Will your neighbor's insurance carrier pay?

Answer: When you lend your car - you lend your insurance. Your insurance company will pay all the claims; your neighbor's policy will not pay anything for the damages he caused or anything on your behalf. Your policy may be surcharged for the loss and your rates may increase and stay increased for years.

Please call us at 215-312-4990 for a no obligation consulation and review of your coverage. Even if you don't buy from us you will leave with a better understanding of your coverage and your options. We can help you get the best rate possible with our incredible service and friendly staff located right in your neighborhood.