AM I INSURED IF I GIVE A FAVOR TO A FRIEND?

Many of us sometimes do something for someone else, without expecting anything in return. After all, we gladly do others a favor. For this reason it is so annoying when we accidentally cause damage to another person. Normally these situations do not fall under the cover of a personal liability insurance. Nevertheless, it is possible that your insurer is prepared to compensate the damage anyway.

Clause
Insurers often include certain clauses in the policy conditions. A clause is a piece of text that deals with the exclusion or limitation of the policy conditions. For example, a clause often indicates in which cases the coverage of your insurance is limited, and how high the maximum amount can be paid out.

Opzicht
Understanding is understood the property of others about whom you temporarily have the care. So this can be anything that lends you temporarily. This must be (us) loaned and not for rent, lease, lease or purchase. There must therefore be use where there is no payment.

For example, if you borrow a tool from your neighbor, you become a supervisor of the tool when you receive the tool.
A liability insurance normally covers the damage you cause to the property of another person. But if you borrow something from someone else, the risk of damaging the borrowed material increases. In this situation you are responsible for the possession of another person, as you are supposed to take care of your own belongings. The borrowed material is thus equated with your property in this situation. And damage that you inflict on your property is not covered by your liability insurance.

However, some insurers do compensate the damage to materials that you care about. There is usually a maximum to the amount that will be paid out. The amount that the insurer pays out can therefore be a lot lower than the value of the loaned good. Do not lend expensive items if you can not bear the costs of replacement or repair.

Friends service
If you help a friend with a relocation or refurbishment without receiving or expecting a payment, this is seen as a friends service. These situations are very common. For example, you already provide a friend service if, for example, you help the neighbors with painting or helping to lift or move furniture.

If something goes wrong during a friend service and you damage the property of someone else, some insurers will compensate the damage up to a maximum amount. If you occasionally perform a friends service, you may be able to bear any damage costs yourself. But if you provide assistance more often, it is probably advisable to take a look at your policy again..