How Much Is Non Owner Car Insurance?

What is Non Owner Car Insurance?

Non Owner Car Insurance is a type of insurance coverage that provides liability and physical damage protection for people who don’t own a car but borrow or rent one from time to time. Non-owner insurance is an affordable and convenient insurance option for those who don’t own a car but need liability coverage for occasional car rentals, borrowing a car from a friend or family member, or driving for a ride-sharing service like Uber or Lyft.

Non-owner auto insurance is most commonly used by those who don’t own a car, such as college students and other young adults, but can also be used by those who are looking for additional insurance coverage beyond what their current policy offers. Non-owner insurance is not intended to replace a traditional auto insurance policy, but is instead intended to fill in the gaps when you don’t own a car.

Why Do I Need Non Owner Car Insurance?

Non-owner auto insurance is typically cheaper than regular auto insurance because it doesn’t include comprehensive or collision coverage. It does, however, provide liability coverage for bodily injury and property damage caused by the policyholder while driving someone else’s car. It also covers medical expenses for the policyholder and passengers in the event of an accident.

Non-owner auto insurance can be useful for those who don’t own a car but are looking to borrow or rent one occasionally. It is also helpful for those who may have a lapse in auto insurance coverage, such as when they are between cars or waiting for their current auto policy to be renewed.

How Much Does Non Owner Car Insurance Cost?

The cost of non-owner car insurance varies based on a number of factors, including the policyholder’s age, driving record, location, and the type of car they are driving. Generally speaking, non-owner auto insurance is much cheaper than regular auto insurance because it does not include comprehensive or collision coverage.

The average cost of non-owner car insurance is around $500 per year. However, this can vary significantly from one policyholder to the next. Some insurance companies offer discounts for policyholders who have a good driving record and maintain their policy for a certain period of time.

Where Can I Get Non Owner Car Insurance?

Non-owner car insurance is available from most major auto insurance companies, as well as some smaller, regional insurers. It is important to shop around and compare quotes to find the best policy for your needs. It is also important to make sure the insurer you choose is reputable and offers reliable customer service.

You can also find non-owner car insurance through online insurance brokers or independent agents. These sites allow you to compare quotes from multiple insurers in one place and make it easier to find the policy that best meets your needs.

Conclusion

Non-owner auto insurance is an affordable and convenient insurance option for those who don’t own a car but need liability coverage for occasional car rentals, borrowing a car from a friend or family member, or driving for a ride-sharing service like Uber or Lyft. The cost of non-owner car insurance varies based on a number of factors, but is generally much cheaper than regular auto insurance. Non-owner car insurance is available from most major auto insurance companies, as well as some smaller, regional insurers.