If I loan my car to a friend and get into an accident, does it affect my insurance?
“When you loan your car, you loan your insurance.” What do we mean by this? Matthew Leyland, Bryson’s Director of Personal Insurance, shares liability concerns car owners need to consider before letting other people drive their vehicle.
If you still decide to loan your vehicle to someone, please confirm they have a valid driver’s license in place and that they have active car insurance.
*You may be wondering if this changes when using a designated driving service to get your car home safely at the end of the evening. Unfortunately, like this Toronto woman found out post-accident, you are also loaning your insurance to the driver in a scenario like this.*
For us, we see our purpose as your insurance broker as much more than ensuring you have the lowest price on your personal insurance (though we routinely save individuals and families a significant amount on their personal insurance). We believe in knowledge and in sharing that knowledge.
Director of Personal Insurance
Integrity, trust, hard work, technical know-how, and compassion for my team and clients is foundation for me. I believe in providing our team with the same unbelievable experience our team provides our clients.