Then it's a stolen vehicle.
the ensurance covers the car, not the person, so if you have your insurance in your car, then you can proove that the car is ensure and what ever ensurance you have, it goes from there
let me make sure i understand the deal. "A" borrows money.... never mind. The LEINHOLDER who repos the car will sell it and deal with the person whose name was on the LOAN for the car. IF you are NOT either of those two, you are out of luck. You have made a DONATION.
Providing that you were not at fault or contributed to the collision, the child who drove the vehicle, and his parents would be responsible, as well as the person from whom he "borrowed" the car.
Get a new boyfriend with a bigger car!!!
unless the person stole it then the owner is responsible. the uninsured person might be covered under the owners policy as extra driver though.
The fault lies with the vehicle that cause the accident. When someone borrows a car, the car owner can be liable because the allowed someone to drive the vehicle. Often this type of accident has to be sorted out in court.
It means you need a new best friend as this person has taken advantage of you.
The sports car that Richard Gere borrows from his lawyer at the beginning of Pretty Woman is a Lotus Esprit.
It could, depending on the seriousness of the accident, payments made, past history, etc. Since insurance follows the car, yours would be primary since it's your car. Your carrier insures you and your risks. By allowing another person to drive your car, you have accepted the possible risk of that person having an accident. Your premiums might change accordingly.
The difference is that an owner sometimes borrows money to get the car, in return he agrees to pay monthly installments until the borrowed amount is paid off, the lender holds the title to the car. As long as the contract is satisfied the person in posession of the car will be the owner, but if the contract is violated the vehicle reverts to the lender. It is what they call a secured debt, the money you borrow is sucured by the vehicle you purchased with it.
if hes not i wouldn't suggest letting him drive the car
Yes, Usually if someone borrows your car it should be covered. You should have and household operators listed on your policy though.