Named Non Owner Policy in Florida

What is a Named Non Owner Policy?

A Named Non Owner Policy (NNOP) is a type of auto insurance coverage that provides liability protection for individuals who do not own a vehicle but rent or borrow one on occasion. This type of policy is primarily meant as a way to supplement existing coverage and/or provide coverage to those who may not have access to traditional auto insurance. A Named Non Owner Policy is designed to provide coverage for the named individual only and will not cover any other individuals who may be driving the vehicle.

Who Needs a Named Non Owner Policy?

Named Non Owner Policies are most commonly used by people who do not own a vehicle but may occasionally borrow or rent one. This type of policy is a great way for those individuals to have some level of coverage when they are driving a vehicle that is not their own. It can also be used by people who use a car-sharing service such as Uber or Lyft. Those individuals will not be covered by the car-sharing service’s insurance and will need some level of coverage to protect themselves.

What Does a Named Non Owner Policy Cover?

A Named Non Owner Policy will typically provide liability coverage for bodily injury and property damage if the named individual is involved in an accident while operating a borrowed or rented vehicle. It does not provide any coverage for the vehicle itself, only for any injuries or property damage caused by the named individual. A Named Non Owner Policy is not considered a full coverage policy and does not provide collision or comprehensive coverage.

How Much Does a Named Non Owner Policy Cost?

The cost of a Named Non Owner Policy will vary depending on a variety of factors, including the individual’s driving record and the state in which they reside. Generally, Named Non Owner Policies are relatively inexpensive and can provide a great deal of protection for a relatively low cost. In Florida, Named Non Owner Policies typically range in price from $100 to $400 per year, depending on the individual’s driving record and other factors.

Do I Need a Named Non Owner Policy if I Have a Personal Auto Insurance Policy?

In many cases, a Named Non Owner Policy is not necessary if the individual has a personal auto insurance policy. Most personal auto insurance policies will provide coverage for drivers who are operating a borrowed or rented vehicle. However, some policies may not provide sufficient coverage or may exclude certain types of drivers. In these cases, a Named Non Owner Policy may be the best option for providing additional coverage.

Where Can I Get a Named Non Owner Policy?

Named Non Owner Policies can be purchased from most major auto insurance companies. Most companies offer these policies online and the process of obtaining one is relatively simple. Additionally, many companies offer discounts for purchasing a Named Non Owner Policy in conjunction with a personal auto insurance policy. It is important to shop around and compare rates from multiple companies to ensure that you are getting the best deal on your Named Non Owner Policy.