You probably know your coverage if you crash your car, whether it’s your fault or not, but what if you loan your car to friends or family members? Before you loan your car to anyone or let anyone else drive it, you need to know who will cover the damage if they have an accident. Having a handle on this information beforehand will help you decide whether you want to permit others to use your vehicle or not.
The truth is, accidents happen, and you can’t prepare for them, but you can take steps to arm yourself with knowledge, so you’re ready to take the right steps in case an accident occurs.
Determine Who Is Responsible
If you aren’t the one driving your car when an accident occurs, you might think your insurance won’t cover the accident, but that isn’t necessarily true. As long as you let the other person drive your car, your insurance should cover any damages, as long as they don’t exceed your coverage. If there is more damage than your insurance will cover, the driver’s insurance should pick up the remainder.
But if the accident was the other driver’s fault, their insurance should pay for the damages. Determining fault is essential in every single accident, so you need to follow the proper documentation and reporting steps and hold the responsible party accountable.
On the other hand, if someone takes your car without your permission (or it gets stolen), you and your insurance company are not responsible for any damages.
Understand Your Coverage
Before you let anyone else drive your car, call your insurance company to find out exactly what your policy covers. They should be able to tell you who can and can’t drive your car and what your policy says in the event of an accident.
If you aren’t satisfied with your coverage, you can either change your policy or decide not to let anyone else drive your car. Either way, by talking to your insurance agent, you can make an informed decision.
What to Do Right After Every Accident
Whether you drive your vehicle or someone else does, when you have an accident, call an attorney. Anchor Law Firm recommends that your first step after an accident is to call a lawyer who will guide you regarding the steps you need to take. A lawyer is best equipped to help you file your claim, advise you on proper documentation, and help you have everything required to make a strong case.
You only have a certain amount of time to seek damages in an accident case, so time is of the essence. In addition to contacting an attorney, here are some things you can do in the event of an accident.
- Document the when, where, why, who, and how surrounding your accident
- Gather names and numbers for all parties and witnesses
- Contact the authorities and your insurance company
- Take pictures of the accident and your surroundings
- Seek medical treatment
When it comes to accident cases, every detail counts, so write everything down while it’s still fresh in your mind. Your memory can change over time for many reasons, and you want the most accurate account of what happened.
Ask your legal team any questions you have and keep them informed of any recollections and injuries as soon as they happen. The more information they have, the more they can help you with your claim, so you aren’t stuck with any extra bills.
Bring In Help
When accidents happen, they catch you off guard, and you need someone on your side looking out for your best interests. Call in people who know the law, keep up to date on your insurance coverage, document all relevant information, and make an informed decision before loaning out your car to anyone. That way, if something does happen, you’ll know where you stand and you will know exactly what you should do.