I live in Indiana and my friend wrecked my vehicle?

My friend borrowed my vehicle and wrecked it into a building and another vehicle causing damage to all three and there is only liability on the vehicle would my insurance cover this or his,since he was driving. And will my rates go up because of this. I know my vehicle will not get paid for repairs and I dont care about that Im just worried about my insurance rate going up and fixing the other peoples property. Please give me legitimate advice.

Chris

Your liability coverage will pay for the damage up to your limit. If you don't have enough in coverage limits to pay for the damages, then his insurance will pick up as secondary or excess coverage. Your rates may go up. It depends on your company and whether it's a first time lending loss. Some companies don't take action for those.

I know, I know!!!!

i think that would be your insurance on your vehicle. your rate is likely to increase due to this accident too. Sorry.

CowboyBill

Some friend.
Your liability follows the car and should pay for property damages UP TO the policy limits.
Don't worry about your rates now...you don't even have a car.

UNI Panther

Your friend needs to step up and turn this in on his insurance. A lot of people's full coverage insurance covers them if they're driving another vehicle. You shouldn't take the hit for this, he should. If he's a real friend, he won't leave you hanging with this. When the police were there for the accident, I'm sure they got his information. And if he said he didn't have insurance, he will be cited for that if your state requires proof of insurance. Now, that won't solve your problem, but it's information you might need if you have to take him to court to resolve this issue.

oklatom

Insurance goes with the vehicle, not the driver. Your insurance will be responsible for the damage caused by your vehicle, not your friend's insurance. The chances are very good that your rates will increase. If all you have is liability, none of the damage to your own vehicle will be covered. Hopefully your friend will be man enough to step forward and pay you for the damage he caused.

Metasha B

I don't think that your insurance will cover this type of accident because u only have liability and the person that was driving your car was infact not you. You will be accountable for this accident and yes your rates will go up. This is only my opinion I am in Georgia and they do things different. Since u are in a different state it might be different.

kingkong9274

YES YOUR RATE WILL GO UP BECAUSE THEY WAS NOT ON YOUR INSURANCE AMD YOUR CAR WAS IN A WRECK

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