Non Owner Car Insurance Policy
Non-Owner Insurance Coverage
Believe it or not, but if you don’t own a car, you can still get insurance. Not only can you get coverage as a non-car owner, but it would be in your best interest to inquire about having a policy in your place.
Non-owner car insurance coverage will guarantee you protection if you are a frequent car renter, borrower, or someone who doesn’t drive but still needs coverage to get their driver’s license reinstated.
Even if you don’t have a vehicle, or plan to purchase one in the future, it’s important to have some form of insurance to help protect you from higher premiums. Insurance companies may see the gaps in coverage and consider a driver to be a higher risk which will result in higher premiums.
All in all, non-owner car insurance is a lot like having car insurance, but without owning a car. However, there are still some requirements you will need to look at before becoming qualified for non-owner car insurance.
Do keep in mind that this is not a common policy, and not many insurance companies will offer this type of insurance, and this type of insurance is mainly for four different types of people.
Before you go and contact your insurance provider, or us for a quote. Read further on to see if you are qualified, the cost of non-owners insurance, what it will cover, and additional services that we provide for insurance coverage.
Who is non-owner insurance for, and what is it?
For a general understanding, non-owner car insurance protects you in the event of being at fault for an accident while driving in a vehicle that does not belong to you.
Non-owner insurance acts as a secondary insurance to help protect you from damages that go above and beyond what might be covered under a car’s primary insurance.
In the case that the accident is your fault, you will not be covered by non-owner car insurance due to some circumstances.
Is a non-owner insurance policy for me?
Non owners might be for you if:
- You frequently drive a bus
- Don’t own a car
- Don’t have regular access to a vehicle
- Primarily take public transportation, yet occasionally drive as well
- Also, if you live or go to school in a city, you can benefit from non-owner car insurance
How much does it cost?
Non-owner car insurance is typically a more affordable option, and a convenient way to benefit from the great policies that non-owner insurance offers. Policies tend to be 5% to 15% less expensive than a standard policy with similar coverage.
The cost of being a non-owner car insurance holder will vary, depending on:
- Your coverage limits
- Your driving history
- Where you live
- How often you expect to drive
The cost of non-owner car insurance is much less compared to having rental insurance for a rental car.
Who Should Have Non-Owner Car Insurance?
You might benefit from a non-owner car insurance policy if you fall into either of the below categories.
You Rent Cars Regularly
If you are frequently renting a vehicle, and are always seeking out rental car insurance, you can save a ton by inquiring about an insurance policy for non-owner car insurance. For example, if you get rental insurance for fifty days or more, averaging about $20 a day, you are likely spending more than you need to as someone who relies on renting cars. You will likely benefit from requesting a quote on non-owners car insurance. Trust us, you will be saving more than $20 a day on having non-owner car insurance compared to what you pay for rental insurance.
Trust us, going with a non-owner car insurance will not only save you money, but it’ll also save you from paying a lot in damages from a car accident.
You Borrow Cars From Others
There are times where you will hesitate before getting behind the wheel of a friend or family member’s car. In the case that you are not covered under their insurance in case of an accident, you might benefit from non-owner car insurance.
Instead of being added to that person’s car insurance policy, it is best to have your own as a backup in the case something were to happen.
You Sold Your Car or You Won’t Be Driving For A While
Almost every insurer will raise rates on drivers who show they have had a lapse in coverage. This means that policyholders who have no auto insurance for a period of time face an increase in their best rates.
Even if you have never driven before, you will still be considered a high risk driver and won’t be considered for the best rates.
You Have Non-Owner SR-22
If you’ve received a DUI or committed a serious traffic offense, you may need SR-22 insurance along with your non-owner car insurance. Depending on the requirements of an SR-22, you may need to also get higher limits and maintain this coverage for a certain period of time, which is normally two to five years in order to maintain your license.
Do keep in mind that not every insurance company, including smaller ones, will not issue an SR-22. If yours doesn’t issue, you can still get a non-owner policy and have the company file on your behalf, which is what Insurance Navy will do for you.
Who shouldn’t get Non-Owner Car Insurance?
We know it’s hard to figure out the right insurance for your situation, which is why we provide you with a list of services to look over and find what best describes your needs. The next step in figuring out if this insurance is or isn’t right for you. Find out if you fit the description of one of these scenarios that says you shouldn’t get non-owner car insurance.
You Rarely Borrow Someone’s Car
Technically, you don’t need non-owner car insurance if you are driving someone’s car with their permission. If you do get into an accident, typically the costs will be covered under their policy. However, you should keep in mind that your friend’s rates will go up if a claim is made, any excess costs not covered will be your responsibility, and not every insurer is able to issue coverage for anyone else other than the owner of the vehicle.
For example, if you get into a bad accident, and the friend reports the incident to their insurance company, you will be held liable if the car’s damages exceed the cost of coverage on the insurance company’s behalf.
So, if you normally don’t borrow another person’s car, this insurance is not for you.
You Own A Car or Live With Someone Who Lets You Borrow Their Car
In general, if you own a car, non-owner car insurance is not for you. Your liability coverage will already cover you if you borrow or rent another person’s vehicle.
If you don’t own a car, though, but periodically borrow a family member’s, or a friend’s, or spouse’s, car you should have your name added to their auto insurance policy. Even if you use the car occasionally, the car insurer should know that you live together.
You Drive A Company Car
If you drive a company vehicle, the situation can become a little more complicated. For starters, if you drive, or the company has you driving for business purposes, the insurance holder will likely cover any damage done to you and the car. On the other hand, if you use the company car for personal reasons, or go to any activities outside of work in the car, you will be held responsible for any damage that occurs. So, if you happen to use the company car for any personal reasons, you should think about opting in for non-owners car insurance.
What does the non-owner cover and not cover?
If you are in need of non-owner car insurance, here are a few things you should know of what the insurance does cover and what it doesn’t. This type of insurance will help cover bodily injuries, such as hospital treatment, medical bills, and legal fees. It will also cover property damage, such as car, tree, and other damages.
What won’t be covered are household members, including your spouse(s), an automobile owned by you or a family member, any cars you use for business, and medical expenses for you and your passengers if you are at fault.
How do I buy Non-Owners Car Insurance?
There are a few ways to buy non owners car insurance. If you are looking at buying non-owner auto insurance, or any other insurance policies, contact one of our customer service representatives and agents who are here to help you along the way of obtaining coverage and guiding you your car insurance needs. You can also follow these steps below.
Follow these steps to obtain your non-owner liability policy:
- Contact one of our agents about potential coverage.
- Supply a basic driving history
- Request an insurance quote from our agents and customer service reps
- Choose the best quote and policies for you
- Supply a down payment to begin your coverage
- At this point, try and maintain your current level of coverage by avoiding a lapse in coverage on your car insurance policy
- You can also directly contact us through email or one of our social media pages for a direct quote on non-owners car insurance, in the case you need one as soon as possible
Tips on buying Non-Owner Car Insurance
Before jumping onto the bandwagon and purchasing non-owner car insurance, you need to research what your options are, that way you are not stuck with a policy that costs a lot more than what you had anticipated. Follow these tips below, and you will get an idea of what and how to know if non-owner car insurance is right for you.
- When purchasing a non-owner policy, figure out how often you will be driving another’s car, where to, based on distance, and what the type of vehicle it is.
- Before saying yes to a policy, ask questions. This will help pave a way to a better understanding of what the policy will cover for you
- This policy is best for you if you rent or borrow cars often
- Find local companies and compare policies — check the quality of it, such as a companies reviews, what the policy covers, and whether you need to do any certain requirements before purchasing
- Stick to small, local businesses, it’ll save you time and money
Whilst navigating our website, you can inform yourself on 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.
Insurance Navy is here to help pave the way to your next financial journey. Insurance Navy is the place for affordability that you can trust. For more information on Non-Owner Car Insurance, contact one of our fantastic customer service representatives at 1 (888) 949-NAVY.