The Basics Of Non-Owner Car Insurance

Posted on: 4 June 2018

When you own a car, you will need auto insurance for the car if you want to drive it, but did you realize that you should purchase auto insurance even if you do not currently own a car? A lot of people do not realize this, but it is true, and this type of insurance is called a non-owner car insurance policy. Here are three basic things you should understand about non-owner car insurance if you do not currently own a car.

What is non-owner car insurance?

Non-owner car insurance is a type of car insurance policy you can purchase if you do not own a car. If you own a car, the insurance company can provide you a policy that would protect that particular car. If you do not own a car, your non-owner policy is not really covering a specific vehicle. Instead, it is protecting you in several ways.

Why would you need this if you do not have a car?

Non-owner car insurance is good to have if you ever borrow a car from a person you know. If you do this, your policy would protect you if you were involved in an accident. Secondly, having a non-owner car insurance policy can protect your risk level. Insurance quotes are based on risk levels, and a person will automatically be considered a high-risk driver if he or she does not have any insurance coverage. If you want to protect your risk level, you should keep this type of policy.

It's also important to know that this type of coverage can protect you if you rent a car. When you rent a car, the company will ask you if you want to purchase an insurance policy. If you have a non-owner policy in place, you will not need to purchase a policy through the rental car company.

How much does non-owner car insurance cost?

Non-owner car insurance is probably one of the most affordable types of car insurance you can purchase. On average, people pay between $200 to $300 per year for this coverage. This is not a lot of money to have the protection offered through a non-owner policy, and you can get a policy through most insurance companies.

Getting non-owner car insurance is very easy to do, and you can do so by contacting an auto insurance company, like LA Insurance. When doing this, they will ask you some questions and will give you a free quote for coverage.