Someone else is riding my moped. Is he insured?
The moped insurance reimburses damage caused by the insured moped. Depending on the chosen cover, the insurer also offers cover for damage to the moped itself, but what about lending it out? Is that allowed and can problems arise from lending? Am I insured on another person's moped?
Moped insurance is linked to the vehicle and not to the person who took out the insurance. So you can let someone else ride the moped, but on the condition that the driver is authorized to drive. Thus, he or she must have a driver's license or a moped certificate. The question is whether it is also wise.
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What are the risks of lending?
The borrower is not used to the moped and therefore has a greater chance of damage. From the moped insurance perspective, there are also some important reasons not to lend the moped. Do you let someone younger ride it? Then you run the risk of a higher deductible in case of damage. Suppose you are 24 years old and you lend the moped to a friend who is 23 years old. With some insurers, this has major consequences for the amount of the deductible. For example, it is increased by €500. There is also another issue at play. If damage is caused by the borrower, the claim comes at the expense of your claim-free years. As a result, you may end up paying more for moped insurance.
Insurer may not provide cover for younger drivers
For younger drivers, the insurer may charge a higher excess, but the consequences may be even greater. The insurer can exclude damage caused by drivers younger than 25. In that case, the consequences of damage caused by a young driver are incalculable. The insurer does not pay out or recovers the damage they have paid out to the other party. Suppose, due to the accident, a pedestrian is permanently injured. The claims resulting from this are priceless. So be very careful about lending to a younger person.
What if the borrower damages the moped?
An accident can severely damage your moped. If you are not insured for damage to your own vehicle, a problem arises. Who pays for the damage to your moped? Does the borrower have the money to compensate you financially? Also, is the borrower willing to repay the damage? So it remains to be seen whether you will get the damage paid for by the person you lent the vehicle to.
You can lend a bicycle, but don't do that with a moped. In most cases, moped insurance provides coverage, but the risks are too great.
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