Lending Your Vehicle

When you lend your auto, you also share your auto insurance. Typically, a guest driver is also covered under your policy. Should the guest driver cause a collision while driving your vehicle, your premium may increase.

What to Consider

Under certain circumstances, you can lend your auto without naming a guest driver on your insurance policy. If you decide to lend your auto, keep the following in mind:

  1. You must agree – verbally or in writing – that the driver may use your vehicle. 
  2. You can't lend your auto on a regular basis to someone without naming him or her on your insurance policy. If, for example, a friend wants to drive your auto every Friday to go grocery shopping, update your policy to include him or her as an occasional driver.
  3. The person who borrows your auto must be licensed and legally allowed to drive in the province or territory where you both live.

When you lend your vehicle, remember that you also lend your insurance record.