YOU will. only his liability will follow him. you loan your car, you loan your insurance as well. So looks like your not getting your car paid for.
if you upgrade from liability to full coverage how long till it takes affect
no, full coverage does
If it only has liability, then it can't get full coverage benefits. If the driver has full coverage auto insurance, it may pick it up for the vehicle he's driving, but that tends to be rare.
Not if you now only have liability coverage.
You'll be fully covered only on the vehicles for which you choose to place full coverage insurance. The others will only be covered for liability losses if you only buy liability coverage for them.
No
If the car you have is new, it is safer to go with full coverage. If it is old there is likely little reason to bother paying for more than liability coverage.
Full coverage insurance will help you get your car fixed after it has been wrecked. You can also get a new car if it has been completely totaled.
You do not have to purchase full coverage auto insurance in Illinois if your vehicle is paid for. You do still need Bodily Injury Liability, Property Damage Liability, and Uninsured Motorist coverage.
No. You have to have physical damage coverage on the motorcycle also.
In state of Michigan, you can only have liability coverage if your car is paid off. Otherwise, you will have to purchase a full coverage policy.
More than likely your lien holder will require you to carry collision and comprehensive coverage in addition to liability coverage, this is to protect them/their investment.