What is the point in adding an occasional driver on my auto insurance (Ontario, Canada)?
Is there a legal obligation? Is there any impact on the auto rate if that person is young or have been involved in accidents? If the occasional driver gets involved in an accident, will it also be on my record?
Is there a law that says you have to? No, there isn't. However every insurer requires that you disclose all licensed drivers in the household as well as regular operators of the vehicle. If you fail to do so, and that person has an accident, then the insurer has grounds to deny any claim filed. This means you (as owner of the vehicle) and/or the driver of the vehicle could be financially responsible for everyone's damages/injuries, which means you could be in debt for the rest of your life. There is an additional premium charged for an occasional driver who is under 25, however an occasional driver over 25 can change your rating as well depending on how long they've been licensed, however the additional premium won't be as much as having an occasional driver under 25.To answer your second question: regardless of whether or not the person driving is a listed driver on your policy, if that person has an accident which is their fault (even partially), then it will affect your rating. The difference between having them listed and not having them listed is by not having them listed you're running the risk of not having the claim paid.Source(s):Ontario broker
the point is to have coverage.2 READ your policy...100 people buy insurance there can be 100 different policys/options writtenDifferent deductibles,,do you want glass coverage..fire/theft? some dont cover after market radios,,,,custom wheels,,,,some only cover people living in your house,,some cover everyone..some cover ONLY listed drivers,,,,so that occasional driver you loan it to kills someone guess who gets sued???YOUSource(s):40 yrs of buying insurance
The "point" is to make sure you are covered if the occasional driver has an accident. Ask your agent to explain who would be covered while driving your vehicle. No one under 25, or unmarried, can drive either of my vehicles.
if someone else is to drive your car, they must be insured at that timeif it is a one off for a short period of time a Phone call to insurance will sort it out quickly and cheaplyif it is more than that they will have to be an additional named driver, if the additional driver is younger and or involved in accidents, your insurance will be much higherif additional driver is older and has no claims, your policy will be cheaperif any driver has an at fault accident in your car and a claim is made against your insurance, it will be on your record and your insurance will go up
What are some important things to know about Columbia/Lexington, South Carolina?
Columbia not a bad place to live, I lived there all of my life until i joined the military back in 1998. I 've lived in many different states and countries since then. Columbia offers a nice mix party scene in the 5 points area if you are in to that being that columbia is a college city home...
I moved to Massachusetts for school do I need to change my license?
If you recently moved to Massachusetts from another state, here are a few tips for converting an out of state driver’s license to Massachusetts. The Commonwealth gives you 30 days to convert your license. While you are unpacking your boxes, you may want to keep in mind some of the documents...
Why isn't age discrimination illegal?
I'm not an expert in Actuary statistics (risk analyisis), but I imagine any age restrictions set by businesses are based on some sort of risk assesment reports.That's why there are different car insurance rates based on gender and on age of insureds.That being said, why should it be LEGAL to...
What are some cheap auto insurance companies in Phoenix Arizona?
Cheap Car Insurance(212) 729-4486CheapCarInsuranceCo.co...Get a Quote | Get a DiscountPhoenix, AZ 85013
I am looking for a late model used car....?
If you want to save gas go for a honda civic. I have a civic right now and it gives me over 32+ mpg.Those cars will last over 250,000 miles with no problems.If you can find a 92 and up civic ex with 150k and nothing is wrong. You should pay no more then $1500 for it. I think you can find a...