First, let’s establish that there is no such thing as “fully insured”. Insurance policies of all kinds have exclusions and limitations and contain specific contractual obligations.

Asking the question “What is the minimum kind of auto insurance needed” is also wrought with increased risk of unintended loss. There is a common misconception that insurance only/always follows the vehicle. To the contrary, there are numerous instances where an auto insurance policy follows the “insured” or “named insured” (called “you” or “your” throughout the contract). Even in the situation described in the question, there could be instances where your current policy may extend coverage to the “otherwise uninsured car”.

However, the appropriate way to cover an uninsured vehicle is simply:

• Have it properly insured.

If possible, add it to your policy. Or have the owner add it to theirs.

How could you determine the most accurate answer to your question?

Compile all of the facts related to the circumstances. Once that is done, it would be in your best interest to work with a knowledgeable insurance agent or company representative. Disclose to them your specific situation and ask what is the most appropriate way forward.