If you're asking if your friend can simply borrow your car occasionally, and you carry full coverage and liability on the car, then yes, you should be okay.
Car insurance follows the vehicle, so even if your friend has his own coverage and had an accident while driving your car, your insurance would still be primary.
If, however, you're talking about allowing your friend to drive the car all the time, on a daily and/or regular basis, you could face problems if you don't let your insurance carrier know that your friend is using the car all the time. This is because the premiums you pay are based on you as a driver, not your friend.
Drivers need Virginia collision car insurance to protect them financially in the even they cause crashes that damage their cars. When such events occur, collision insurance pays for damage done to cars belonging to the insured. Liability insurance carried by insured drivers covers damage done to the property of others. Collision insurance makes sure that drivers can have their cars repaired after an accident.Obtaining Collision InsuranceDrivers can buy collision insurance whenever they get a quote for auto insurance coverage. Drivers can evaluate the cost of collision coverage and compare it with the benefits of that coverage. Insurance agents can help drivers evaluate the need for collision insurance coverage. Drivers who own expensive cars usually want to carry collision coverage to control the financial impact of repairs. Auto owners who finance their vehicles also need collision insurance coverage. Usually, banks and finance companies require car buyers to purchase collision coverage to protect the interests of the lienholder. After owners pay off their car, they can choose to drop collision coverage.Getting Advice About Collision InsuranceDrivers can get advice about collision insurance from their insurance agents, insurance companies or financial advisors. These professionals will gather information about the financial condition of drivers, and the value of their cars and the cost of collision coverage to help drivers decide whether to buy or forgo coverage. Drivers who own cars outright can drop their collision coverage, especially if they must keep their insurance costs to a minimum. Drivers without collision insurance must accept full financial responsibility if they cause wrecks that damage their cars.Shopping Around For Collision InsuranceDrivers should shop among several car insurance companies before choosing a policy that includes collision insurance. The lowest price for coverage may come from insurance companies other than the ones with the lowest liability-only coverage. By shopping all alternatives, drivers can find the lowest price for the needed amount of collision insurance coverage.
It depends on the coverage and the company that they have.
Car insurance covers many parts including collision, liability and comprehensive. If your car is paid for you may not be required to have comprehensive coverage.Comprehensive coverage is for non-collisionincidents such as a fire, earthquake, a hail storm and theft. If your car is destroyed in a storm or it is stolen, then you will have to absorb the loss.Motorists should have comprehensive coverage as well as other minimum coverage to protect themselves, their passengers and other drivers.
County and city in which the car is garaged, age of primary driver and marriage status, driving history of drivers, replacement and repair cost of the make and model car involved, type of insurance coverage such as liability, comprehensive and collision and how much coverage.
One thing that new drivers may be surprised about is how many different kinds of car insurance coverage there are. This is no different in the state of Texas. Many new Texan drivers may wonder what collision coverage is. To help, below is an explanation of how Texas collision car insurance works. Collision coverage is a kind of insurance coverage that comes standard in most car insurance policies. This is no different for many Texas policies. Collision coverage is designed to provide a driver protection if that driver were to ever hit another car on the road or a stationary object. Collision coverage is different from other forms of insurance due to the fact it is designed only to protect a driver's own vehicle. If a car hits a telephone pole, for example, the collision coverage could be used to pay for repairs made to that vehicle. The coverage, however, will not pay for repairs made to another driver's car in a multiple car accident. Collision coverage will not pay for a person's medical bills or the medical bills of anyone else harmed in an accident. Those bills must be paid using a policy's PIP or BIL coverage. Collision coverage will also not pay for damage done to any other kind of property. If a car crash damages a person's residence, for instance, another form of coverage must be used to pay for those expenses. However, in Texas, collision coverage cannot actually be purchased on its own like in other states. It can only be purchased as part of comprehensive car insurance coverage. Comprehensive coverage covers many things in addition to collisions. It is also used to protect a driver in case the vehicle is damaged by an "act of God." Such an act would include damage from severe weather. If the windshield of a car is broken by especially large hail, the comprehensive coverage can be used to pay for the repair bills. In Texas, this coverage also covers any time a car is damaged in a collision. However, this is not always the case in other states. Comprehensive coverage is actually optional in the state. For this reason, a person can choose not to have comprehensive and collision coverage. However, this is probably not a wise idea. If any damage were to happen to the vehicle due to a collision or an act of god, the driver would be left to pay for those expenses out of pocket.
Barring any exclusions in the policy, the insurance 'stays with the car' so your insurance will pay for the damage to the innocent persons vehicle (under your liablity coverage). If you have collison coverage on your vehicle/policy it too will pay to repair your vehicle less the deductible. If there is no collision coverage on your vehicle and the driver has a policy with collision coverage the drivers collision coverage may step in and repair your vehicle, but ONLY if you don't have collision coverage.
When financing a new or used vehicle most lenders will almost certainly require the owner to obtain collision and comprehensive insurance. Any accident involving damage to the car means the lender has lost the security for the loan unless the vehicle is completely repaired. Comprehensive insurance covers damage to a vehicle when the at-fault party cannot be identified or if the damage was caused by a natural act.The Fair Cost Of Comprehensive InsuranceInsurance companies usually have a more standard price range for comprehensive insurance. There are fewer factors to consider because the owner's driving habits are not a part of the cost analysis. What will interest the insurance provider is the location where the car is parked, the climatic data for the region in which the owner lives and the number of break-ins that occur in the vicinity.If the car is parked in an industrial area there is a higher chance of damage caused by a truck. The at-fault driver may not report the accident and therefore the insured has a huge repair bill unless he or she carries comprehensive insurance. In areas where damage from falling objects or wind-driven missiles is frequent, comprehensive insurance will be somewhat more expensive.Reading The Quotes GivenInsurance shoppers can compare numerous quotes online to find the best deal on an insurance package. Initial quotes are given after the shopper enters data on the car's make and model. If collision insurance is required the quote will contain a coverage amount for a certain deductible. The comprehensive coverage offer will be included in this part of the quote. The deductible amount may be the same for both comprehensive and collision coverage, although the actual amount of vehicle damage from an undetermined source is often less severe than damage caused by a traffic accident.Most comprehensive coverage plans are inexpensive but the collision insurance protection can be extremely costly. This is especially true if the vehicle is pricey and the owner is attached to a large auto loan contract. When reviewing auto insurance quotes and comparing rates from various providers, insurance shoppers are advised to look at the collision and comprehensive package offer closely. Some providers add the comprehensive coverage for less than 10 percent above the collision protection cost. The coverage amount may be the same and drivers can save a tremendous amount of money on their monthly premiums.
Yes the named driver would have the same coverages. You can not split the coverage between drivers, the coverages are the same for each vehicle.
No, The vehicle owner chose to accept the risk associated with not having collision coverage. You can not use someone elses policy to cover the owners collision loss.
It is uncertain what you mean by "driver's insurance". There is a kind of liability insurance called "non-owners coverage" that is often required under a state's Financial Responsibility Law when an individual has been in an at-fault collision, did not have the required liability coverage and when the other party's damages exceeded a stated amount, or when an injury occurs. It is also sometimes required when a judgment is entered against an individual for an auto collision and the judgment remains unsatisfied. Non-owners coverage generally will "follow the driver" irrespective of the vehicle that he or she is driving. Non-owners coverage provides no coverage for the vehicle itself such as for its repair or replacement in the event of a collision.
Drivers are always looking for ways to save money, whether that means switching cars, insurance companies, changing coverage limits, or removing coverages altogether, like collision insurance. Although it cost less to have a policy that only covers liability, in an accident, it may cost more to pay out of pocket for vehicle repairs than for the insurance. Liability insurance only covers the other driver, but for consumers who want to protect their vehicle, collison coverage is necessary. Collision insurance covers the policyholder's vehicle in a collision. Without this coverage, the policyholder's vehicle cannot be repaired or replaced by the insurance company, but from their own pocket.Obtaining Collision CoverageColliison coverage is easy to obtain. Most companies offer this coverage, though some deny this coverage to vehicles that are too old. It is best to contact a licensed insurance representative to purchase collision coverage along with the state required liability coverages. The agent will recommend a deductible, which is what the policyholder must pay before the insurance company covers the loss. Some companies allow their insureds to carry no deductible, but with most companies: the higher the deductible, the lower the premium. It is also wise to remember that the claim cannot be covered unless the amount of damages exceeds the amount of the deductible. For instance, a $300 repair will not be covered if the deductible is $500.Who Needs Collision CoverageNot everyone needs collision coverage. Older cars and vehicles that have been totaled are not worth much. However, what every consumer must consider is whether they have the money to replace or repair the vehicle themselves? If not, the cost of the coverage could be less than a repair. If the insured has a loan, collision coverage may even be required by the lienholder.Collision insurance protects the policyholder's vehicle. Without this coverage, the insured must pay out of pocket for repairs. This insurance can be obtained from a licensed agent; however not every driver needs this coverage. For those with newer vehicles, a loan, or who don't have the means to pay out-of-pocket cost, collision coverage should be on their policy.