Who’s Driving Your Car, and Why?
That might sound like a nosey question, but it’s something the insurance company wants to know to calculate risk. There are differences between your domestic employee driving your car, your car-free neighbor borrowing it, your teenager or adult child using it for a weekend, or you just running errands. What about car lending services where a stranger borrows it? There’s a lot to talk about if you want to know what’s at risk in these choices. You don’t need to shut down the friendly nature of your relationships and the flow of your business connections. At The Owens Agency LLC in Waldron, AR, we’re interested in your financial well-being if something goes wrong and the likelihood of that so you can make realistic choices.
Types of Auto Insurance Coverage Beyond Basic Personal Policies
As life has become more complex, many assumptions have fallen away. For example, when a neighbor borrows your car, it’s assumed they also have coverage. Even hardware store truck rentals are based on this assumption. For drivers without a vehicle, non-owner coverage is available that provides liability protection when they’re behind the wheel of others’ cars. We can help you sort out what’s needed to maintain proper coverage regardless of your situation.
Taking Informed Action for Great Auto Insurance Protection
The insurance risks in lending your car often point to adjustments in your existing personal auto policy. If a larger issue is discovered, it might be time to consider a commercial vehicle policy instead. Call us at The Owens Agency LLC in Waldron, AR. We can explain everything in clear terms and what we recommend so you’re confidently covered.
