People who don’t own a vehicle seldom if ever consider how far their liability extends in the event they are driving a friend or relative’s car and they have an at fault accident. Unfortunately, that liability may end up extending much farther than they ever imagined.
If you often borrow other people’s vehicles for your personal use, it might be wise for you to look in to purchasing what’s called non-owner’s auto insurance. This type of policy provides coverage to protect you from having to pay for the damage or bodily injury you cause due to an accident that is your fault. In today’s economy, where money is so tight, there is the possibility that your friend or relative has decided to pay the electric bill and buy food rather than pay for car insurance. If this is the case, you could be driving an uninsured vehicle and not even know it. Just because it’s not your vehicle does not mean that you are not going to be liable for the damage you have caused.
While it is true that if the car you have borrowed is insured you should be off the hook in the event of accident that may not be the case. If the accident you cause costs more than the amount of insurance that was carried on the car, then you, as well as the car’s owner may be in for a major lawsuit.
One good thing about non-owner’s auto insurance coverage is that the cost to obtain this type of policy is normally much cheaper than what a standard auto policy would cost. An easy and convenient way to obtain multiple auto insurance quotes for non-owner’s coverage is by using our comparison calculator. By using AiQuotes.com you can shop several companies at once, and avoid the hassle of having to speak with individual agents.
