Sat. Jun 22nd, 2024

Do you borrow cars from friends or drive rentals? Be it anything, you must probably be looking for ways to be covered. Aren’t you?

So if you’re among those who don’t own a car, but drive frequently, here the option for you is a cheap non owner auto insurancepolicy. However, if you’re unaware of this, then here is everything you need to know.

What do you mean by Non-Owner Car Insurance?

As the name implies, Non-Owner car insurance is a type of policy option for those who own a car, yet frequently drive or rent cars. It is also known as Non-Owner liability insurance.

Also, this insurance policy covers bodily injury and property damage for others in case the accident is caused by you when driving a car that doesn’t belong to you.

How much does it cost for a Non-Owner Car Insurance Policy?

In general, Non-Owner car insurance policies are less expensive as compared to any regular car insurance. However, non-owner auto insurance costs an average of $585 per year, compared to $765 for conventional 50/100/50 liability-only car insurance.

Besides, the cost for a Non-Owner car insurance policy may depend on several other factors too including your location, driving history, and driving record. Such policies do not have a deductible, but depending on the company you choose may be able to add various coverage.

When to consider a Non-Owner Car Insurance Policy?

Just looking for cheap non-owner car insurance isn’t enough if you don’t own a car and rarely drive. So if you’re wondering when to consider this policy, then here is what you should know :

•When seeking to get your license reinstated after a serious infraction.

•If you frequently rent cars.

•If you often use car-sharing service services.

•When borrowing a car from a family member and friend.

However, if you’re confused or lack knowledge, you can consider opting for a7-day car insurance quote which will surely give you a clear picture of whether you want to continue using the policy or not.

What does a “Non-Owner Car Insurance Policy” cover?

Be it any cheapest non-owner car insuranceor an expensive one, every non-owner car insurance policy will cover you for :

•Medical bills for accidents.

•Uninsured/underinsured motorists accidents.

•Property damage except for damage to the vehicle you’re driving.

•Injuries to other drivers for accidents caused by you.

Should I buy a Bond or a “Non-Owners Car Policy”?

If you’re confused whether you need a Bond or the cheapest non-owner car insurance policy, then here are a few questions to keep in mind that will help you to decide what’s appropriate for you :

•Will I take ownership of a vehicle in the next 6 to 12 months?

•Do I regularly drive out of state?

•Will I cover my own medical bills in cases of accidents?

•Do I want other or all insurance products for convenience?

No matter which option you choose, it is important to speak to any local agent. Besides, you can also opt for a7-day car insurance quote for better understanding.

When a “Non-Owner Car Insurance” doesn’t make sense?

If you’re someone who doesn’t own a car and rarely drives, then non-owner car insurance is not a good option for you. Or even if you don’t own a car, yet regularly drive your friend’s car, then this policy will not be a right fit for you.

However, you should know that such a policy does not cover you living with the person whose car you borrow. Besides, another important thing to consider is to ask the insurance agent if the policy you will purchase will provide liability coverage or not when driving a rental car.

Have a clear picture and feel more confident!

Remember no matter where you live or which car you drive, car insurance is an essential evil, and the company you choose matters the most. One such company is atozinsuranceusa.com which is always happy to assist you, answer your questions, and help meet all your insurance needs at affordable prices.

By Manali