If you don’t own a car you can still purchase car insurance from an auto insurance company simply by purchasing what is called a non owner policy. A non owner policy is a policy that covers you no matter what vehicle that you drive. This type of coverage is useful for a couple of reasons. However, if you own your own vehicle, then you won’t need to purchase a non owner policy for vehicles that you don’t own.

You can purchase a non owner policy from any insurance company. Even if you travel a lot, you will want to purchase the policy in your state of residence. It will be applicable in any state that you travel in. You will be required to purchase your state’s minimums but, like with any insurance policy, you will want to consider your assets and what you can afford to pay out of pocket if an accident occurs.

Read on to see under what circumstances a non owner policy might be valuable to you and then enter your zip above for free online car insurance rates!

You Might Need a Non Owner Policy if You Travel a Lot

If you are a frequent traveler who rents vehicles wherever you go then you may want to purchase a non owner policy rather than buying a rental insurance policy from the car rental company. If you only rent every once in a while then you may not want to pay for a regular policy.

When you own your own vehicle, your existing insurance will cover you when you use a rental vehicle, but if you don’t own your own vehicle, you have to have insurance coverage to legally drive in any state. Every car rental company offers rental car coverage; however, this coverage is nearly twice as much as purchasing coverage from an auto insurance company. Buying insurance coverage from a rental car company can become cost prohibitive very quickly.

You will find that purchasing a non owner policy directly from an insurance company is very affordable and will be comparable in price to a regular auto insurance policy. It will be a little more expensive simply because you will be driving different vehicle types under the policy, but it won’t be too much more.

You Might Need a Non Owner Policy if You Borrow Other Vehicles

Some people don’t own a vehicle of their own and they will borrow other people’s vehicles to run errands, get around, etc. If this applies to you, then the responsible thing to do would be to purchase a non owner policy to cover you if you have an accident.

In many cases, the owner of the vehicle whose car you borrow will have insurance that will cover any accident that occurs no matter who is driving. Not all policies offer this coverage, however and many require the car owner to add any people who drive their vehicles to the policy. Having a non owner policy protects your friend if an accident occurs.

If the policy covers any drivers on the vehicle and you have an accident then the car owner’s policy will offer the primary coverage for the accident. The non owner policy kicks in if the costs of the accident exceed the owner’s coverage amount. If, however, the owner’s policy doesn’t cover additional drivers then the non owner policy will become the primary policy and cover the accident. That is why it is important to ensure that you have enough coverage for a serious accident in case it should occur.

If you are driving someone else’s vehicle, then you need to be responsible about how you drive his or her vehicle. If you cause an accident and their policy kicks in first, you should pay any deductibles that they have. In addition, if their premiums increase you need to pay the difference for the duration of the time it is increased, it is simply the right thing to do.

Buying a Non Owner Policy

Buying a non owner policy is easy. All you have to do is purchase one from any auto insurance company. Like any auto insurance policy, you want to get the best rate that you can from your non owner auto insurance policy. To do this, you need to get auto insurance quotes.

Insurance quotes can be found at individual auto insurance company sites or you can save time by using a free quote tool. The comparison quote tool above offers you the opportunity to view rates between several reputable companies in one place. You can see what you can expect to pay for your non owner policy and get started on the process of purchasing the insurance that you need.

Give the free rate tool a try today!