Non-owner car insurance is a policy designed to provide those who use but do not own car with insurance. For example, if you are renting a car or use car of your relative. If you have no insurance costs that may take place due to an accident may be not covered by insurance company even if the car owner has insurance.
When Do You Need It?
There are some situations when you definitely need non-own car insurance. Here is the list:
- You are renting car once or constantly. You may save costs by enforcing such an insurance instead of paying company’s insurance liability.
- You use your relative’s or friend’s car. If the insurance event damage exceeds limits of one’s coverage it will be provided on the basis of your insurance.
- You use car sharing service. It is a good idea to have your own insurance to be sure that you won’t pay for accident from your pocket in case you are being sued.
A Piece of Advice
If you are renting car continuously do not give up on non-owner car insurance even if now you are not using the car, but going to use someone’s car in the future. The thing is this won’t gain a credibility for you as for insurance company and you will higher payment rate for insurance.
Do not apply for non-owner car insurance if you own a car or if you included to someone’s insurance already (for example, if you use your parent’s car).
Why non-owner car insurance is a good idea?
If you will get to an accident this insurance allows you to get treatment coverage and any medical aid you may need. This kind of insurance is usually much more cheaper than the regular one although it doesn’t cover comprehensive and collision events.
If you rent a car for a car rental company make sure you pay for damage liability free package so that you won’t have to pay for any damage dealt to the vehicle while you were using it.