Non-Owner Car Insurance
If you are not a car owner, you may think you do not need an auto insurance policy. That would make sense, right? Wrong, all drivers need insurance even if they don't own a car.
There is an affordable, easy solution to this issue: a non-owner car insurance policy. Non-owner car insurance covers drivers who don’t own a vehicle but drive periodically.
What is a Non-Owner Car Insurance Policy?
A non-owner car insurance policy covers you if you cause an accident while driving a vehicle you do not own.
A non-owners policy is a cheaper alternative than a standard policy. Non-owner premiums range from $200-$500 a year while standard policies can cost upwards of $1500.
Who Needs Non-Owner Auto Insurance?
Consider purchasing a non-owner policy if you fall into one of these categories listed below.
You can’t afford a car but still have to drive - If you drive vehicles you don’t own, you need to be insured with at least the states minimum liability coverage. A non-owner policy can meet this requirement at a lower cost than standard auto insurance.
You’re in between vehicles - Canceling your policy will show a gap in coverage on your insurance record. This will often raise your future insurance premiums. A non-owner policy provides this without insuring a specific vehicle.
You Occasionally Borrow cars - Suppose you borrow a friend’s car often or even from your employer. In that case, you need to carry a liability car insurance policy. It is required by almost every state when you borrow a car. You never know when an accident can occur in a borrowed car. A non-owner policy can help you fulfill your responsibility as a driver when car-sharing.
You Need Non-owner SR22 insurance - After a DUI or a major traffic violation, your state will often require you to get a SR-22 proof of insurance certificate. If you do not own a car a non-owners SR-22 fulfils this court ordered requirement.
You Frequently Rent Cars - Frequent renters save money with a non-owned car insurance policy than getting rental car insurance or using protection from your credit cards when you rent a car.
What does Non-Owner Car Insurance Cover?
Non-owner car insurance helps cover damage to other people’s vehicles and properties should you damage them in a collision. It typically provides liability coverage for any bodily injuries you cause in a vehicle you don’t own.
Some insurance companies may also allow you to add on medical payments coverage and uninsured and underinsured motorists coverage.
What Does Non-Owners Insurance Not Cover?
A Non-owner car insurance policy will not cover damage to the vehicle you are driving. It also lacks coverage for any injuries you sustain or damage to your property following a collision.
The policy will not cover other areas, including rental reimbursement or towing services. This is because the non-owner policy is not attached to a specific vehicle; it is only connected to you as the driver.
Suppose you are using a non-owned insurance policy with your rental. In that case, the rental company can offer other coverage options.
How Do You Purchase a Non-Owner Insurance Policy?
You can purchase a non-owner car insurance policy through your insurance company or by contacting an Insurance Navy insurance agent.
Check with your state’s minimum insurance requirements first for advice on coverage amounts, as they vary from one state to another.
Popular states we provide Non-owner insurance: