Faith

[SteelCitySouth]

(09-04-2015, 11:05 AM)bfine32 Wrote: Guess I'm just missing the point of how any of this would make folks not feel better for insuring things they have; hell, I even insure some things I don't have such as other drivers. I don't know it is a fact that you don't own a Lambo, all I have is your word.

Other drivers can mean a couple of things so I will take them separately as such.

Other driver as in a driver in another vehicle.  You are insured against the risk that another driver that does not maintain enough or any insurance.  You "have" this risk every time you drive.

You don't insure at all for anyone else to drive your vehicle that is not listed on your policy.  Your insurance company will pay to have your vehicle and any other damage done by a driver that borrows you car and is responsible for the accident, but that is merely a courtesy to you the insured.  They will have you sign a document prior to payment being made.  That document is power of attorney and gives the insurance carrier legal right to surrogate against the "other drivers" insurance policy and or them personally.


This is why it is recommended that if you do not own a vehicle, you should get a non owned named insurance policy.  This is a liability only policy and insures you in the event you ever drive someone else's vehicle.  However if you never plan on or foresee the situation that you would then forgoing the policy is the best choice, just make sure that when in that moment you remember not to drive.