Only a few situations don’t require car insurance. In fact, even if you don’t own a car, it’s typically a good idea to get some type of coverage if you plan to drive at all.
Maybe you sold your car after moving to the big city and now prefer to use public transportation everywhere you go. Perhaps you have no plans of driving again soon because you don’t own a car anymore, but you’re curious whether or not you still need some type of coverage. You may also be designated as the driver for family or friends whenever you go back to the countryside for holidays, so you’re wondering if a car insurance company can help you in such a scenario.
The truth is that getting car insurance helps even when you don’t have a vehicle. So the answer to the questions earlier is ‘yes.’ A non-owner’s policy can keep you covered for most of those situations. Read on to learn more about non-owner auto insurance, how it works, and when you need to get one even if you’re not a car owner.
Non-Owner Car Insurance: How Does It Work?
A non-owner policy provides liability coverage for property damage and bodily injury if you drive but don’t own a car. Keep in mind, however, that your own injuries and the damage to the vehicle you’re driving after an accident won’t be covered by a non-owner car insurance policy. Still, if you’re liable for another person’s injuries or damage to others’ property in an accident, it can help. It’s also essential to note that compared to standard policies, the rates for non-owner car insurance are generally less expensive.
Besides liability coverage, a non-owner policy may also cover rental car liability, uninsured or underinsured driver insurance, personal injury protection, and medical payments. You can also check this informative post regarding non-owner insurance to learn more about its coverage.
Car Insurance For Non-Owners: Do You Need One?
If you’re one of those individuals who don’t like getting into the details of insurance policies, then you’d agree that the world of insurance can be confusing, which can also be said about non-owner car insurance coverage. Many people have no idea if they need car insurance for non-owners. Below are the situations where the policy can be beneficial.
- You Rent A Car Regularly
People may want to consider getting a non-owner car insurance policy if they frequently rent a car, may it be for personal, recreational, or work purposes. There are policies that could work well for you if you rent cars on a regular basis. While you may think that you don’t need one anymore because rental companies offer coverage for each of their vehicles, having your own insurance policy would be more affordable in the long run. It will also give you more peace of mind.
- You Borrow A Car Frequently
Non-owner auto insurance could also be beneficial if you’re borrowing a car from a friend or family member and you’re not part of the policy of the person from whom you’re borrowing. Also, because no one can predict when a car accident will occur, having your own insurance coverage is still a good idea even if you only borrow and drive someone else’s car several times a year.
- You Like Participating In Car-Sharing Programs
People now have more transportation options apart from public transportation and their own private vehicles, thanks to car-sharing services that are on the rise. Basically, you have to pay a membership fee to use the vehicles that a car-sharing platform offers. Depending on your membership level, you can use their cars for several hours or days per week.
There are car-sharing service providers that carry their own policies. However, in general, getting a non-owner auto insurance policy can save you money if you’re among their regular clients.
When You Do Not Need To Get Non-Owner Auto Insurance Coverage
Of course, there are instances where spending money on car insurance isn’t necessary. For example, there’s no reason to get any sort of policy—standard or non-owner insurance—if you’re handicapped and unable to drive.
A non-owner car insurance policy may also be just a waste of money and time for individuals living in big cities who don’t own cars and aren’t interested in learning how to drive. There may be no need to get auto insurance as well for those planning to travel internationally.
Final Thoughts
Getting a non-owner car insurance policy is an excellent step to take for the majority of people who still drive on occasion even if they don’t own a car. Getting behind the wheel without coverage is never recommended, no matter how careful of a driver you are. A non-owner policy will give non-car owners the protection they need to be able to hit the open road with confidence.