If someone else rides my moped, is that person insured?

Risks of lending your moped

An important reason to think carefully before lending your moped is that the deductible you must pay in the event of a claim can vary based on age. Often insurers charge a higher deductible for younger individuals. Suppose you lend your moped to someone 21 years old, while you yourself are 22 years old. You may then have to pay more deductible on the damage incurred than you would have had to pay if you had ridden the moped yourself. This can make a difference of up to 500 euros per year of life. In addition, the person who borrows your moped may not be used to the moped and therefore has a higher risk of damage.

In addition, it is also wise to consider your claim-free years. When you drive damage-free on your moped, it means you do not have to claim on your moped insurance. With some insurers, claim-free driving sometimes even results in a discount on your insurance after a number of years. However, the reverse is also true. When you make a claim and submit it to the insurance company, it comes at the expense of your claim-free years. In the long run, this can mean that you have to pay more for your moped insurance. So when you lend your moped and the borrower causes damage to your moped, it can mean that the cost of your moped insurance goes up.

Possible no coverage for younger drivers

As just mentioned, the insurer may charge a higher deductible for young drivers. But the insurer may even completely exclude claims caused by drivers under the age of 25. This could mean that if you lend your moped to a young driver, the insurance company will not pay compensation in the event of a claim. Even worse would be if the young driver on your moped has a collision with a pedestrian and causes permanent injury to the pedestrian. The resulting claims are high and virtually unaffordable if not compensated (in part) by an insurer. So think carefully before lending your moped, especially if it is to a young driver.

Damage to the moped itself

If your insurance policy does not include coverage for damage to your vehicle itself, an awkward situation can arise when you lend out your moped. Suppose you loaned your moped to a driver who then damages the moped. Who then pays for this damage? Are you assured that the person who lends your moped is able to pay this amount himself? And is the person borrowing your moped also willing to pay you this amount? These are smart questions to ask yourself and the borrower before you decide to lend your moped.

In short, the risks are often high and therefore it is not wise to lend your moped. So think about this carefully and ask yourself the right questions before you make the decision.