Fault does not really matter, the claim will go under the policy that the vehicle is insured under as long as the driver of the car had the owners permission to drive the vehicle. Be careful though, some policies are "named driver" policies and if the driver of the car was not listed in the policy, there may not be any coverage. If that is the case, and the driver has their own policy, you can try to attach to that policy.
If others who are co-signed on the car are in an accident, and cannot afford to pay and charges or fees as a result of that accident, then yes, as a co-signer the primary lease holder will be liable for those oustanding payments.
i'd say both you not that much but who wrecked it is the one to put the blame on The insurance is for the car regardless of who is driving. It will be the first to pay. If it doesn't cover enough, the person driving can be tapped for the remainder. If the person driving does not have a license, the owner of the car has to pay out of their own pocket. The insurance company does not have to pay.
Your premiums could be affected, Talk to your insurer and find out because every insurer is different on situations like this.
That will be the policy holder.
Pay off the balance and close the account. Then reopen a new account with only the primary holder.
Primary account holder is the person on whose name the bank account is created in the first place. Ex: Assuming you have a bank account and then once you get married you would include your spouse as a joint account holder. you will be the primary account holder and your spouse would be the secondary holder.
only if the lien holder caused the collision
The major difference is that the Primary Account holder is responsible for all the amounts due on both the Primary Card and the Secondary Card.
Is he really the primary driver? Who's name is the policy under? Generally being the holder of a policy makes YOU the primary. Check with your company.
hey
Usually, a new card is issued in the primary card holder's name. Usually both parties on a credit card have to sign off to eliminate the secondary card holder. Your credit card holder can help you with this.
Yes he did come to Barclay Primary School