Teen auto insurance


Lisa: Tampa (Florida ) : My roommate had borrowed my car with my permission and she meet with an accident? What will happen will my car insurance premium increase? I do have full coverage on my car.

Response : Lisa, please do not panic. It is good that you have full coverage on your vehicle. Your auto insurance policy insures your vehicle, plus you, your relatives and anyone else you give permission to use your car.
If both of you have auto insurance, your insurance company will cover all but your deductible.
On the other hand, if your friend or family member causes an accident resulting in serious bodily injury and property damage, that friend’s or family member’s policy will cover the bodily injury liability, and your policy will cover the property damage caused by your car. As the car’s owner, your liability insurance also covers the cost of your legal fees in the event you are sued. However, if your liability limits are exceeded, the courts can appropriate funds from your home or other personal assets in order to recover the cost of damages. Liability coverage will not pay for damages beyond the limit for which you are insured.

If you lend your car to someone who does not have insurance, however, you are inviting trouble. If the damage your friend causes exceeds your insurance policy limits, the injured party can sue you for medical and property damage expenses.

Your car insurance premium will increase and you so please review car insurance.
All the best.
Teenautoins



Teen auto insurance