who's problem when you borrow a car to your relative, he got in an accident? the insurance is on his name,the car financial is on your name?

Anonymous2019-05-24T21:46:56Z

He is insured so the car gets fixed. I do not see a problem there. You are still paying for the finances because that is in YOUR name and the bank only focuses on the money. You are playing the numbers game with them.

g2019-05-24T19:27:01Z

Lend, not borrow. You lend a car from someone, and borrow a car from someone else.

The vehicle owner and the vehicle's insurance policy holder is liable.

Pearl2019-05-24T00:56:19Z

probably the one that got in an accident

Rona Lachat2019-05-24T00:31:11Z

The owner of the car/loan pays the loan back. YOUR problem to deal with.
The driver of the car is responsible for the crash. His problem
Insurance might pay something. The insurance company issue.
That your relative pays you back for trashing your car is your problem to deal with.

choko_canyon2019-05-24T00:01:58Z

The responsibility lies with the person who had the accident.

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