buddy wants to borrow my car ??

buddy wants to borrow my car ??

Author
Discussion

IceBoy

Original Poster:

2,443 posts

220 months

Saturday 13th February 2016
quotequote all
Hi All,

Friends of mine wants to borrow my car. If he were to have an accident does he claim on his insurance and thus not affecting me or my insurance??

I can't afford to mess my insurance up??!!

Iceboy

Dr Interceptor

7,743 posts

195 months

Saturday 13th February 2016
quotequote all
Tell said friend to arrange his own fully comprehensive cover, as yours won't cover him.

Day insure and the like are there for that purpose.


steveo3002

10,493 posts

173 months

Saturday 13th February 2016
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tell him its cheaper to rent one ...dont want it ending in tears

R8VXF

6,788 posts

114 months

Saturday 13th February 2016
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^^^ WHS.

Pints

18,444 posts

193 months

Saturday 13th February 2016
quotequote all
No. Just, no.

A good friend would understand. If he doesn't, he's not worth having as a friend.

SS2.

14,455 posts

237 months

Saturday 13th February 2016
quotequote all
If he was to drive it under his own Drive Other Cars extension (assuming it's provided under his policy), it would be covered third party only ie if he stuffed it, he (or you) would need to pay for the repairs.

Asking him to provide his own fully comprehensive cover would get around that issue.

Unless your insurer asked some very odd (and irrelevant questions), it wouldn't need to be declared if he was to prang your car whilst driving under his own cover.

Rickeh

246 posts

214 months

Saturday 13th February 2016
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If he has 3rd party insurance to drive other cars in the event he has an accident and he's at fault the other parties car will get repaired but you'll be liable to repair your own car, unless your pal decides to do the honest thing and pay for it. Shouldn't affect your insurance as you wouldn't have been driving.

Happy to be corrected if wrong.

steveo3002

10,493 posts

173 months

Saturday 13th February 2016
quotequote all
if mateys crashes on the day insurance , would the day insurance provide a rental car for the owner until its repaired ?

Rick101

6,959 posts

149 months

Saturday 13th February 2016
quotequote all
Generally...

Where is his car?

If he doesn't have a car/his own insurance he won't be covered on yours unless he is a named driver.

Named driver will get cover as per your own, but a claim would affect the policy.

If he does have his own insurance AND DOC cover, he could legally drive but repairs would be at your own cost and you would have to claim back from him.

As said above, best solution is probably renting one.

Mandat

3,878 posts

237 months

Saturday 13th February 2016
quotequote all
SS2. said:
Unless your insurer asked some very odd (and irrelevant questions), it wouldn't need to be declared if he was to prang your car whilst driving under his own cover.
Are you sure about that? The standard question insurers ask is about having any accidents, claims or losses. Loss would seem to be the the operative word if the friend has an accident.

vikingaero

10,256 posts

168 months

Saturday 13th February 2016
quotequote all
Mandat said:
SS2. said:
Unless your insurer asked some very odd (and irrelevant questions), it wouldn't need to be declared if he was to prang your car whilst driving under his own cover.
Are you sure about that? The standard question insurers ask is about having any accidents, claims or losses. Loss would seem to be the the operative word if the friend has an accident.
Agree with Mr Mandat.

http://www.insurancedatabases.co.uk/

SEE YA

3,522 posts

244 months

Saturday 13th February 2016
quotequote all
Pints said:
No. Just, no.

A good friend would understand. If he doesn't, he's not worth having as a friend.
+1

Wacky Racer

38,099 posts

246 months

Saturday 13th February 2016
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The quickest way to turn a friend into an ex friend.

Don't even consider it.

adsvx220

705 posts

182 months

Saturday 13th February 2016
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I did this for a friend on my Caterham 7. He asked to borrow it for his wedding day and I agreed as I let my other mate borrow it 2 years earlier. I got separate cover out for him which he paid. That covered it on his drive for a night and for him to drive it to his wedding venue etc. Glad I did as on his way to the venue someone went up the back of him. Albeit very slowly as the driver didn't see him and thought he had pulled away from the junction. Considering the low speed it was a £3500 bill.

Didn't affect my insurance as it was a new policy taken out for him for just a day. When he txt me the next morning I didn't believe him. I wasn't mad and understandably he was very apologetic.

2 sMoKiN bArReLs

30,230 posts

234 months

Saturday 13th February 2016
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Never ever lend your wheels to anybody else, ever

QuickQuack

2,144 posts

100 months

Saturday 13th February 2016
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As others have said, it all depends on the insurance arrangement.

Under his own policy for DOC or any other cover he arranges: his accident, his claim and his loss. If only third party cover (which would be what's on offer under DOC), he has to pay to fix your car out of his own pocket. Fully comp day cover will pay for the damage.

You add him as a named driver: your policy, your claim and your loss.

Any or all of these possibilities may be (un)suitable for your circumstances.

My best mate and I do borrow each other's cars every now and then under our DOC cover but both of us know that if we stuff the other's car, we would make it good. BUT we've known each other for over 20 years, were each other's best man, are the godfather of the other's daughter, and crucially, we know that we can cope with the financial hit in the event of a total loss. If all were the same except the financial security to cope with a total loss, we wouldn't risk it and the "no" answer wouldn't affect our friendship.

shirt

22,506 posts

200 months

Saturday 13th February 2016
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Borrowed quite a few cars including Porsche, bmw etc. Our insurance works differently here though, a fully comp policy automatically covers any driver with a valid licence and residency visa. Gret system

SEE YA

3,522 posts

244 months

Saturday 13th February 2016
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As for me, it would be like can I borrow your wife.laugh

TwigtheWonderkid

43,246 posts

149 months

Saturday 13th February 2016
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2 sMoKiN bArReLs said:
Never ever lend your wheels to anybody else, ever
What a stupid statement.

normalbloke

7,401 posts

218 months

Saturday 13th February 2016
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Some policies are changing over here. When I renewed my wife's S2000, it also covers her to comprehensively drive any other vehicle, with an upper payout on the vehicle of £20k.