If you’re thinking about lending your car to a friend, you may wonder if your insurance will cover them. If they wreck your car, would you be responsible for collision repair, or would they have to pay the cost? Here’s what you need to know when it comes to lending your car to a friend.

Does Your Car Insurance Cover Other Drivers?

Yes, fortunately car insurance follows the vehicle and not the driver. If your friend drove your car and got into an accident that was his fault, it would be covered. Your insurance would cover medical expenses and liability up to your policy limits.

The downside though, is that you, not your friend, would be on the hook for the deductible. Plus, if you didn’t have comprehensive or collision repair coverage, it would be up to you to pay for all damages to your vehicle.

If your friend also had car insurance, their insurance policy may be considered secondary in an accident. It could potentially pay out any damages that exceed the limits of your policy.

Are There Any Exceptions?

The major exception is that if your friend is living with you, you need to add them as a driver on your policy. Most insurance companies require all licensed drivers in the household to be added. If you have another person living with you, even if temporary, let your insurance agent know.

What Precautions Can I Take?

First, never let someone you don’t trust or consider to be a safe driver operate your vehicle. While your insurance will cover them in the event of an accident, you may still be on the hook for the deductible and any expenses that exceed the limits of your policy.

If your vehicle has been involved in an accident and you’re looking for the best in collision repair, contact the team at Tracy’s Collision Center. Located in Lincoln, NE and serving the area for over 50 years, Tracy’s Collision Center will handle all of your auto body repair needs. Visit their website to learn more or call them at (402) 441-4820 to schedule an appointment.