The Basics of Personal Non Owned Auto Insurance

Personal non owned auto insurance is a type of coverage that is offered to individuals who don’t own or have access to a personal vehicle. The policy is designed to cover the financial responsibility of the insured when they are using a non-owned vehicle, such as a rental car, a friend’s vehicle, or a borrowed vehicle. This type of insurance is important for those who don’t own a vehicle and need coverage when they are using a non-owned vehicle. It is also important for those who have a personal vehicle but are using another vehicle on a regular basis.

What Does Personal Non Owned Auto Insurance Cover?

Personal non owned auto insurance typically covers the costs associated with a liability claim when the insured is using a non-owned vehicle. This includes the cost of medical bills, property damage, and other costs associated with an accident that results from the use of a non-owned vehicle. In some cases, the policy may also include coverage for personal items that were damaged or lost in the accident.

Who Needs Personal Non Owned Auto Insurance?

Anyone who does not own a vehicle but will be using a non-owned vehicle on a regular basis should consider getting personal non owned auto insurance. This includes those who rent cars frequently or those who have friends or family members who allow them to use their vehicle. It is important to note that personal non owned auto insurance does not cover any damage to the vehicle itself, so it is important to make sure that any rental or borrowed car is covered with the appropriate insurance.

What is the Cost of Personal Non Owned Auto Insurance?

The cost of personal non owned auto insurance depends on several factors, including the type of vehicle being used, the age of the driver, and the amount of coverage needed. Generally, the cost of the policy is less expensive than a traditional auto insurance policy, as it is only covering the liability portion of the insurance. The cost can also vary depending on the insurance company and the type of policy purchased.

Where Can You Get Personal Non Owned Auto Insurance?

Personal non owned auto insurance can be purchased from most insurance companies. It is important to shop around and compare different insurance companies and policies to make sure you are getting the best coverage and price. It is also a good idea to speak to an insurance agent to discuss your needs and get a better understanding of the type of coverage you need.

Conclusion

Personal non owned auto insurance is an important type of coverage for those who do not own a vehicle and are using a non-owned vehicle on a regular basis. This type of policy covers the financial responsibility of the insured when they are using a non-owned vehicle and can save them from financial responsibility in the event of an accident. The cost of the policy depends on several factors and it is important to shop around and compare different policies to make sure you are getting the best coverage and price.