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CookieAdventure t1_j6iy7h4 wrote

Reply to comment by octotron3000 in I have a financed car and less than 30 days before navy basic training. by octotron3000

Your other driver should own their own vehicle and have their insurance. If they cause damage while driving then their insurance covers the car.

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octotron3000 OP t1_j6izedt wrote

Even if it's only their car in their insurance, or do I need to put them on my insurance and they pit my car on theirs???

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CookieAdventure t1_j6j069r wrote

Auto insurance covers you as a driver … any car you drive is insured if you cause damage while insured and auto insurance covers damage to your car.

You don’t need to do anything except let your insurance agent know that the vehicle is in storage. If the car is going to be in storage (garaged) in another state, they need to know, too. Vehicle insurance doesn’t usually move states.

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octotron3000 OP t1_j6j1zt3 wrote

Does it make a difference if it needs full coverage because its new?

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CookieAdventure t1_j6j2q6u wrote

Not really. Your vehicle isn’t “new”.

Your vehicle has comprehensive on it. That part of your insurance policy pays to repair your vehicle if it is damaged. You need that even if it is in storage. If a tornado goes through while you’re deployed, the vehicle is covered (more or less).

Then there is liability coverage. That is the part of the policy that covers you and damage you cause. Talk to your insurance agent for more details.

The gap insurance is an add-on to your policy that helps you to pay off your loan if the vehicle is totaled. Soon you won’t need to keep that.

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