Lending your car to a friend could prove costly. If you lend your car to a friend and he or she has an accident, it's your responsibility. You'll have to file the claim with your insurance company, not your friend's. To make matters worse, you're also responsible for any deductible, and the accident could
potentially leave a mark on your record, raising your rates, even if you weren't in the car. So, think twice before handing those keys out.
