My question involves an injury that occurred in the state of: Arizona.
I plan on loaning one of my cars to a friend for a few months so he can get around before he buys it from me. (Probably around the end of the year). The vehicle is in my name and I added him onto my insurance policy (he lives at a different address then mine).
If he were to crash the vehicle would there be any issues with the vehicle covered?
I was also reading how when loaning cars in your name, if anything criminal happened (I doubt he would ever do something like that). I could be taken to jail or prison??
Before making my decision on loaning my vehicle to him, i'm just curious what do I need to expect to be responsible & liable for, (god forbid) anything happens.