Does insurance on a car cover all drivers?
A car insurance policy provides a level of coverage to the car, regardless of the driver. When you lend your car, you’re also essentially lending out your car insurance. Some of the car coverages benefit the driver exclusively, while others benefit just the vehicle.
Can you have 2 main drivers on the same car?
You and your partner can both take out separate policies for the same car. Car insurance policies are for both the vehicle and the driver, so it’s perfectly fine, legal and common for two people to be insured on the same vehicle under separate policies. There are a few reasons why you might consider doing this.
Why it is so important for all drivers to be insured?
While mandatory liability coverage helps pay for damage to another driver’s vehicle, it’s important to have coverage for your own vehicle. Comprehensive coverage may help pay for repairs or replacement if your car is stolen or damaged by something other than a collision, such as falling objects or fire.
Can car insurance cover two people?
Yes. As long as all drivers are listed on the policy and someone pays the bills, you shouldn’t have a problem sharing car insurance with multiple drivers. Your monthly premium will reflect the added risk of multiple drivers using one vehicle — so you’ll most likely pay more than you would for a single-driver policy.
Can other people drive my car?
If someone borrows your car, they’re also — in a sense — borrowing your car insurance. That’s the case only if you allow them to drive your vehicle. Your policy’s liability coverage would pay for injury and damage they caused to any other driver and their property.
Can you drive any car if you are fully comp?
No. There was a time when many fully-comp policies automatically gave you third-party insurance to drive any car, but those days have gone. So even if you’re fully covered for your own car, don’t assume you’re insured to drive other people’s cars otherwise you risk breaking the law.
Can I insure a car that is not in my name?
Yes, you can insure a vehicle registered in your own name or the name of your spouse, partner or co-habitant, or a lease company under a minimum 12 month lease.
Do you lose your no claims if you are a named driver?
Named drivers can’t usually build up a no claims discount, although they can accumulate their own if they’re insured as the main driver on their own car. Some insurance providers may give a named driver a discount – provided they take out their own policy at a later date.
Is it mandatory to get insurance for your vehicle?
In India, and all over the world, getting your car insured is a compulsory by law, not an option. The Motor Vehicle Act of 1988 makes it mandatory for all vehicle to be covered under an appropriate insurance policy before they can ply on the road.
Which insurance protects you if you are injured by a driver who has no way to pay costs?
Uninsured motorist coverage
Uninsured motorist coverage helps you pay for damages caused by a driver who doesn’t have car insurance. If you’re hurt or your car is damaged in a crash caused by such a driver, this coverage will help pay for costs, up to the limits in your policy.