What is Car Sharing Insurance?
What is Car Sharing Insurance and who is it for? Find out how this flexible, on-demand, temporary cover can help you out when you need a car.
Car Sharing Insurance is an affordable, short-term, standalone product that sits alongside a car’s annual insurance policy. It allows you to borrow a friend or family member’s car on a temporary basis from one hour up to 30 days. Cover can be purchased up to 60 days in advance or start instantly; it’s the perfect choice for any time you need to borrow a car.
Who can use Car Sharing Insurance?
We cover drivers with full GB licences from 17 years old and up. For more powerful or expensive cars we may restrict cover based on age.
What level of cover is provided?
Whether you are the one lending out your car, or the person doing the driving, it’s important to know that you’re always covered. We provide fully comprehensive cover. You can feel safe in the knowledge that the car is covered up to the current market value if the borrower needs to make a claim.
Does the car need to already have insurance?
The car needs to have its own annual insurance policy in place for Car Sharing Insurance to be valid. The owner doesn’t need to be an Admiral customer; you can use Car Sharing Insurance regardless of which company provides the main insurance policy, as long as it is not a trader’s policy.
We provide the borrower with their own policy that sits alongside the existing policy. This means that if the driver does need to make a claim, the owner’s policy won’t be affected and neither will their No Claims Bonus. Additionally, the driver can even earn their own No Claims Bonus.
When can I use Car Sharing Insurance?
Car Sharing Insurance can be used whenever you need to borrow your colleague, friend or family member’s car. Cover is available from one hour to 30 days and can be purchased instantly so the possibilities are endless!