I’m renting out my car to Ola. If there’s an accident causing a fatality while the car’s with Ola, who’s liable for legal consequences even if I’m not present? What kind of insurance should I get – first party or third party? Need your advice!
Best Answer
As the owner, you are ultimately liable for any accidents involving your car, even if it’s being used by Ola. You should get a comprehensive insurance policy (which covers both first and third party liabilities) to ensure coverage for all eventualities. This provides you with protection against financial losses and legal implications arising from accidents.
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