The answer lies in the titleholder of the vehicle. If you are still the titleholder, then you will need to have the car under your policy and have him listed as a driver. If he is the titleholder, he will need to insurance the car under his policy. If that vehicle injure someone or cause damage to someone's property, the other party will sue the titleholder. If you are both titleholder, then I would suggest you sign the titleholder to him.
Your own insurance carrier & the police will handle this. Of course if they never find out who hit you, then you will have no way of knowing. I agree with the 1st answer.
Let your insurance company handle it. They do it all the time.
Yes, If your Insurance company paid the claim then they are allowed to increase your premium appropriately to cover your risk factors. If you let others drive your vehicle then that is demonstrative of how you handle your vehicle. Loaning out of your vehicle to others increases the risk that you will have a claim.
After a hit and run, the individual hit should file a police report as soon as possible. That police report should then be presented to the person's insurance company who will assess the damages to the vehicle.
It varies with the tire, the weight of the vehicle, where you're driving and how you want the vehicle to handle. Check the sidewalls for info on maximum and minimum recommendations, but what's best for your vehicle has to come from somewhere else, like an owner's manual.
Yes.
Yes.
The vehicle will wander.
somewhere by the handle bars
No such profession. There are only insurance brokers. These will handle renewal of insurance.
"The insurance associate was unsure of how to handle the man's insurance after getting into an accident."
penis