Did you know that when you lend you vehicle, you also lend your insurance? If the driver gets into an accident, it's YOUR insurance premium that would go up!⠀⠀⠀⠀⠀⠀⠀⠀⠀
There are certain circumstances where you can lend your vehicle without having the guest driver listed on your insurance policy.⠀⠀⠀⠀⠀⠀⠀⠀⠀
1. You must agree - verbally or in writing - that the guest person is allowed to use your vehicle.⠀⠀⠀⠀⠀⠀⠀⠀⠀
2. You cannot lend your vehicle to someone regularly (such as every Friday) without naming them in your insurance.⠀⠀⠀⠀⠀⠀⠀⠀⠀
3. The person who borrows your auto must be licensed and legally allowed to drive in the province or territory where you both live.⠀⠀⠀⠀⠀⠀⠀⠀⠀
(Information via @insurancebureau)⠀⠀⠀⠀⠀⠀⠀⠀⠀
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