Do you Face Financial exposure if someone has a crash in your car?

by Terry Bryant

Borrow Car Keys

Borrowers Beware

Among friends and family, we often don’t think twice when borrowing a car for a short trip around the block. It is also not uncommon to take turns driving another person’s vehicle on a long trip.

These decisions can lead to serious liability issues and create financial exposure should a car crash occur when someone else is driving your vehicle. The law varies by state, but it is important to know that you, as the owner, may be personally liable for another driver’s fault when you have granted that person permission to drive your vehicle.

Before lending your vehicle to another driver—or even letting someone drive your car with you as a passenger—ask if the driver has auto insurance and, if so, what kind of policy?

If you or someone you know has been injured in an auto accident, contact a board certified personal injury attorney to evaluate your potential claim.