Non-Owner Car Insurance Coverage
Even if you do not own a car, it may still be in your best interest to have a non-owner auto insurance policy in place. A non-owner policy provides coverage to drivers that are frequent car renters, borrowers and people who do not drive but need proof of insurance to get their driver’s license reinstated.
Even if you don’t have a car but plan on purchasing one in the future, it is important to have some form of insurance. This includes non-owners, so you may avoid higher premiums in the future. Insurance companies may see the gaps in coverage and consider a driver to be a higher risk which results in higher premiums.
A non-owners policy is very specific and does not include comprehensive car insurance or collision insurance. It also does not reimburse the policyholder for towing or car rentals and few companies are able to offer medical coverage.
These policies cover bodily and property liability damages. Bodily injury liability insurance covers medical costs when you are found at-fault for a collision and a person sustains an injury. Property damage liability covers the repair or complete replacement of damaged property but not the car you are driving.
Because the coverage is more limited, non-owners insurance is typically more affordable than traditional car insurance. People that benefit from these policies are people who frequently borrow and rent cars or use car-sharing services.
Drivers that rely on borrowing cars should invest in a non-owners policy. If you are in a serious collision and the damages exceed the car insurance policy limits, the driver may be held responsible to cover the difference. In this case, a non-owner policy is beneficial because it picks up the difference and protects the driver.
It is important to note that children of policyholders may not qualify for this type of insurance. If the person has regular access to insured cars, the person should be added to the policy.
People who frequently rent cars may also find a non-owners policy beneficial. The insurance coverage rental companies offer is often expensive and with a policy of your own, it is one less thing to worry about while renting.
Have any additional questions regarding insurance rates, bodily injury coverage, or other insurance policies? Our agents and customer service representatives are here to help with your car insurance needs. Call us today at 888-949-6289 or visit your nearest Insurance Navy location. Because we care about your convenience, our offices open from 8 a.m. to 9 p.m. CST. Moreover, they are open 7 days a week.
Additionally, we can help you find an auto insurance quote right on our website. Because we want to help you save money wherever possible, we offer our insurance quotes completely free of charge. By navigating our website, you can also inform yourself about many useful topics, such as coverage for repairing or replacing parts for your car after a crash, how to file a police report, and what kind of coverage the state requires you to carry.
Lastly, we also have blogs that may help you with any questions you have. Our blogs cover many different topics. From how to keep your car cool in the summer, to proper steps to take after Godzilla damages your car.