Before I started working in the car insurance industry, I always wonder if the car was insured or driver. Of course I had insurance on my car, but does it follow me as car insurance policyholders or whether it applies only to that particular car?
It's good to be prepared with this info BEFORE going on to something!
Car insurance for drivers or vehicles?
Note This example: what if a friend borrows your car to run to the store? On the street he inadvertently turned on the lights stop and crashed into another car. Or what if you are the friend who borrowed the car to run errands and you are involved in an accident. Whether transfer of coverage on your own since you are driving?
The answers to these questions can be different from one State to another State, so I will speak only to Utah about this scenario.
In the State of Utah, physical damage coverage for car you drive (comprehensive and Collision) will simply follow the vehicle. So, my best friend, his intentions will not pay to repair your car if you lent it to him and there was an accident. In this scenario you must first make sure that you have comprehensive and Collision on this particular car.
In addition, the scope of the obligation (payable to others) usually just running from the vehicle is driven. For this reason you really can be ticketed for driving your friend if she doesn't have insurance, even if you bring the greatest policy on Earth for yourself.
Good to know, right? If we borrow someone else's car, not the usual for us to say "hey bro, you have insurance instead?" (Especially if we say it with the voice of the hippie-surfer surfer), but it's not a bad idea to ask if we want to avoid tickets for Driving without insurance are expensive.
Car Lease Insurance
Another example occurs with rental car: do I buy expensive liability and exemption of physical damage? This one is not easily answered because it depends on the language in the policy to your specific car, but many insurance companies will expand the scope of your own policy to Charter vehicles.
There are some things that are normally not covered in this scenario (such as daily rental fees when the rental car is being repaired), then talk to your agent to find out how you respond to a Chartered vehicle policy. Save money for the company's expenses are very valuable.
The answer? Contact your agent
At Keystone Insurance, we can help you understand Your coverage and guide you through various situations that are specific to Your driving needs. Many factors can affect how your policy pay compensation, so it's good to understand things like the deductible and policy restrictions.
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