Tuesday, December 20, 2011

Don't Lend Out Your Car


What happens when you lend someone your vehicle and they are involved in an automobile collision?
First, there is the inconvenience to you in not being able to use your vehicle because your vehicle has to be repaired.
Second, you have to deal with an insurance company.  It might be the insurance company for the person who caused the collision, or it might be your insurance carrier if the other person did not have insurance coverage.  It might be your insurance company because the person that caused the collision is the friend that you let drive your vehicle.  Oh my, this is not a comfortable situation.
Third, if your friend caused the collision and a lawsuit is brought against your friend, you and your insurance carrier can end up being involved in a litigation process that drags out for years.
Think twice before letting someone borrow your vehicle.

Bettina Altizer
Altizer and Altizer Law Firm
324 Washington Avenue
Roanoke, Virginia, 24016
540-345-2000

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