If you lent your car to someone and your policy excludes coverage to them, your life could take a turn for the worse. It is very possible that you may lose everything in order to pay for damages to anyone else’s property that has been damaged in an accident with your vehicle.
The common, but falsified saying “no fault insurance means it’s not my fault” is quite a funny myth when it comes to auto insurance. Many states follow a no-fault rule which means that regardless of whose fault the automotive accident is, your own car insurance company will pay for the damages to your own vehicle. [...]