What is my liability and will my rates go up?
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Nov 29, 2012
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
Insurance Question from Philadelphia, PA
Asked on 11/29/2012
What is my liability and will my rates go up? I loaned my car to a friend. They backed into an unoccupied car and left the scene. I recieved a call from an insurance company. Where do I go from here, should I contact an attorney? I live in PA.
Answer given on December 06, 2012
If you loaned your car to a friend, your insurance on your car will pay for any damages to the other car If they left the scene of the accident, that is a problem they will have to work out with the police. You should suggest that they go to the police about the accident.You need to call your insurance company and explain what happened. Unless you have a named driver policy, your insurance company will work with the other insurance company to work out repayment for the damages caused by your friend. If there is damage to your car that will come under your collision coverage, and subject to your deductible.Your rates will not increase if your friend is not listed on the policy. His rates could go up, if he has his own car insurance. Your insurance company will ask about your friend, and may ask to exclude him from your policy.
IMPORTANT NOTICE: These answers are for general information purposes only and are provided by the person answering and FreeAdvice.com AS IS. It has not necessarily been reviewed by the management staff of FreeAdvice.com nor is it binding any insurance agent, broker, or other insurance professional or any attorney or insurance company. Insurance laws, regulations and practices vary from state to state and insurance policies and practices differ from company to company, by type of policy, by state and locality and by type of insurance. Tiny variations in the facts, policy language or a detail not set forth in a question often can change the outcome or a professional's conclusion. Although FreeAdvice.com has confirmed that the answer(s) was/were provided for the account of an experienced insurance professional, that professional may not be licensed in the state referred to in the question, and may not be experienced or up to date in the subject area. Unlike the answers provided here, upon which you should NOT rely, for personal advice you can rely upon we suggest you consult a licensed insurance professional in your area or retain a licensed attorney listed on AttorneyPages.com to represent you.