You’ve allowed your friend to borrow your vehicle. Now, you’ve learned an accident occurred. Who will pay for the damage and what are your next steps? If you have the right type of auto insurance, you generally do not need to worry about the losses. There are limitations here, though. When you work with our agents at Cross Creek Insurance, we’ll help you ensure your vehicle has ample coverage to protect from any risks like these.

What To Expect

If you have collision insurance, that policy is likely to help cover the losses to your vehicle if another person is driving it. However, there are limits. If the individual routinely drives your vehicle, he or she should be listed on your policy to gain this protection. If they just borrowed it for the day, most policies will cover the vehicle.

If your friend was not responsible for the accident, but another driver was, that driver’s auto insurance liability coverage will likely cover the damage to your vehicle. It is best for you to request a copy of the police report right away to determine who is responsible for the accident. Then, work closely with your auto insurance agent to ensure the claims are filed properly.

Having the Right Auto Insurance Matters

Without the right type of auto insurance, your vehicle may be at risk. If you do not have collision insurance or enough liability coverage to protect your vehicle’s value, let the team at Cross Creek Insurance help you. We’re here to answer all of your questions. We serve residents in Hope Hills, NC and the surrounding area. Give our team a call today to discuss your current policy or to update to a policy that is better reflective of your specific needs.