All insurance policies are not simple. What will happen if you do not have a car but you still want to be safe when you drive regularly? When you borrow a car, for example, you may want to make sure that you are still covered for the major responsibilities in case of accident.
Fortunately, insurance policies for these scenarios are actually quite common. Known as non-owner car insurance options, these allow you to cover yourself and the owner of the car you’re driving should the unthinkable happen.
But what, exactly, is non-owner auto insurance? How does it work and how can you make sure you get a cheap and reliable policy from insurance companies like Progressive and others? Let’s dive into it.
What is non-owner auto insurance?
As the name suggests, non-owner auto insurance is designed for drivers who don’t own their own vehicle, but still want to make sure they are covered when driving in a rented, borrowed or leased car. It does not cover the car itself, but any liability for damage you may cause to someone else or to someone else’s property.
In other words, it protects you from the simple scenario where you are in an accident in a car that is not yours, it’s your fault. Because it is specifically linked to any vehicle, it can not cover the damage to the vehicle you are driving at the time of the accident.
What is covered in non-owner auto insurance policies?
Broadly speaking, non-owner vehicle insurance policies cover three main areas:
- liability for bodily injury, including medical expenses and lost wages for anyone who may have been adversely affected by an accident at your fault in a car that is not yours.
- Civil liability damage to property, covering the cost of damage that an accident for which you are responsible may have caused to the property or vehicle of others.
- All legal fees incurred by a vehicle accident for which you may be at fault.
This makes do not cover damage to the car you are driving or even to your own body. Policies differ on the exact vehicles that are part of the claim. Some do not cover rented vehicles, which come with their own insurance.
Finally, non-owner auto insurance policies are generally considered continuous coverage. In other words, when you decide to purchase a vehicle, the auto insurance premium for that vehicle will not incur a higher charge, but will be considered a continuation of your existing or previous non-ownership insurance.
How to get cheap car insurance for non-owners at Progressive
According to most independent critics, progressive car insurance for non-owner is the best choice for police in many cases. The company offers perhaps the most comprehensive range of auto policies in the industry, so it’s no surprise that its non-proprietary policies are both affordable and comprehensive.
Progressive offers non-homeowner auto insurance for anyone in the market, but recommends making sure it’s the right policy for your needs. It starts with an online quiz, which gives you an idea of what kind of font might be right for you.
The average tiered auto insurance rate for non-owners is $723 per year, although it should be mentioned that it varies widely from state to state.. For example, in Maine, the average annual rate for a non-homeowner’s policy is only $199.
Progressive also shines with policy options for drivers who have recently been convicted of a DUI and need proof of insurance to regain their license. The average annual premium in this case only increases by about $200, to $953, making it an affordable option when looking to get your documents back and in good condition.
Getting an online quote for non-owner car insurance is difficult. But Progressive offers a 24/7 hotline where you can get your questions answered and a free quote. Call 888-671-4405 to get started.
5 Other Car Insurance Companies Offering Non-Owner Policies
While Progressive is a great option for this type of policy, it’s far from the only alternative. All insurance companies do not offer insurance options for non-owners, but those that do tend to be competitive. Here are our favorite insurance agencies to review:
With an average annual premium of only $ 455 for his insurance policy owner no vehicle, the price GEICO is almost unbeatable. In fact, this is the cheapest option average in 31 of the 50 states, the average premium falling to less than $ 120 in Virginia.
GEICO, of course, isn’t just known for its low prices or its famous gecko mascot. In addition to low rates, this insurance company largely serves its customers online, providing convenience on the go once you close your policy. It also offers grouping possibilities for other lines of insurance.
At the same time, GEICO’s online approach becomes complex when it comes to non-owner auto insurance specifically, as you have to call for a more personalized quote. Its prices also increase faster than some of its competitors in the event of an accident or following a DUI. Still, it’s a good alternative to pursue if you’re shopping around.
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The average cost of an Allstate non-owner auto insurance policy is about $600 per year. However, as with other policies, it should be noted that the exact cost varies greatly depending on your background and driving experience, as well as the limits of your liability coverage.
In many ways, Allstate is a happy medium between many other options discussed here. It offers relatively high customer service, simple usability, and reasonable crash boosts.
In other words, this policy is really the “key-in-all, master of none” among the alternatives discussed in this guide. Depending on your region, you might get the best premium offer, in which case it is worth politics.
With an average annual cost of $560, State Farm is one of the cheapest options in several states. That’s not a bad result for a company so renowned for its customer service and comprehensive coverage capabilities, allowing you to bundle just about all of your insurance needs for what could turn out to be deep discounts.
State Farm also shines with reasonable increases after accidents or convictions for impaired driving. In fact, average premiums increased only $ 100 after a DUI driver, reducing the risk for policyholders who want to keep their premiums affordable no matter what.
Those who know USAA will not be surprised to learn that this is the car insurance for non-owner cheapest market option. This is at least partly due to all discounts available, family loyalty through good student and military installation.
The downside, of course, is equally clear: USAA is only available to the military or those who have family members with a USAA account. But as long as you qualify, it’s a safe bet to be among your best options if you need coverage without owning a car.
At national scale
Nationwide’s average annual rate of $930 for the non-property policy is at the high end of these insurance options, but it’s important to remember that this is an average that doesn’t take into account any of the cost influencing factors. In fact, it’s actually the cheapest of all the insurance options available in Michigan, North Carolina, and Vermont.
This higher cost is part of a broader trend with Nationwide, which has invested in a higher service to the detriment of certain bonuses. In fact, it is consistently ranked near or at the top of the insurance customer service options, making it a great option if you can afford it.
Why buy non-owner vehicle insurance?
This type of insurance policy is designed to be a niche policy. If you own a car, chances are you won’t need this type of coverage. There are, however, a few scenarios in which non-owner vehicle insurance is particularly beneficial:
- You regularly drive cars rented by rental companies
- You regularly borrow the cars of family members or close friends.
- You need a continuous period of cover when you don’t own a car, but when you plan to own one again, for example when moving abroad for a limited time or when overseas deployment. In this case, non-homeowners insurance avoids premium lapses that could lead to future rate increases.
Bear in mind, of course, that this type of policy is limited in coverage by nature. If you own a car or can find a “regular” car insurance policy at a reasonable price, this tends to be a better choice for your needs.
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Find the right policy to reduce your liability
Ultimately, non-owner auto insurance has become popular enough that most major insurers offer at least some version of it. This gives you two basic options:
- Check with your current insurance company if they offer this type of policy. If so, bundling options and discounts can automatically make this your cheapest choice.
- Compare the prices. Use the above six suppliers as a guide to know who to ask and search for quotes. Note any quotes that you are affordable, then look in more detail the “finalists” to find one that suits you best.
As with any type of insurance policy, non-owner vehicle insurance comes down to what’s best for your specific situation and budget. Using this guide, you can find a policy (and premium) that suits your needs.
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