buddy wants to borrow my car ??
Discussion
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.
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.
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.
Happy to be corrected if wrong.
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.
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.
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.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.http://www.insurancedatabases.co.uk/
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.
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.
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.
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.
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