In case your car is borrowed by your friend or neighbor frequently, and it met an accident, the insurance policy may not take any payment liability. To prevent this sort of situation, it is wise to follow some tips.

It is wise to go for a family insurance policy where multi driver option is on. In case your insurance policy is named and insured-only policy, you should not lend the car under any pressure. Although this named and insured-only policy premiums are cheaper than family policy, in case, the name insured is driving the car and your kids are involved in the accident then the insurance company will not pay for it.