Insurance Brokers Answer: “Can I let someone else drive my vehicle?"

One of the most common questions we get is “is it ok to let someone else drive my vehicle?” The answer depends on who you are lending your vehicle to. For example, if they live with you, you need to disclose them as an operator in your household to your insurance company. Failure to do this could invalidate a claim.

If the person you are lending your vehicle to does not live in your household, the next question you will be asked is if they are a regular or frequent operator. If the answer is yes, you need to add them to your policy in order for them to be covered.

If the person you are lending your vehicle to would only very rarely drive your vehicle, they would be automatically covered under your policy. If however they were to be involved in an accident, it would go under your policy as if you had the accident yourself.

What are the potential problems with letting someone borrow my car?

  • Any accidents that your car gets into will affect your insurance rates, even if you’re not driving. The problems with lending your vehicle to someone else is if they are involved in an accident, and it is their fault, the accident stays under your auto policy. You need to decide if lending your vehicle to someone is worth having an accident on your insurance history for at least 6 years.
  • Material change in risk. It is your responsibility to advise your broker if there is a change of drivers in your household from when you originally completed the application.

At MBS Insurance Brokers Ltd., we’re here to answer all your questions about insurance policies. Whether it’s car insurance, life insurance, or anything else, contact our experts in Edmonton to make getting the right insurance for you an easy decision.