Do You Need A Car Insurance If You Don’t Own A Car?

Do You Need A Car Insurance If You Don’t Own A Car?

If you do not own a vehicle or car, you probably do not want to get car insurance as hey why you want to pay monthly premiums. Perhaps, this idea of having an insurance without a car may look strange, but you will be surprised to learn that for various reasons, I will say good reasons, people who do not have a car can save money by joining a non-owner car insurance program. Here you will explain the benefits or advantages of carrying a car insurance even if you don’t own a vehicle yet that you can review and decide if a non-owner car policy is suitable for you in your circumstances. We have described here some of the reasons that you will find interesting:

Cost factors if you frequently rent vehicles

Buying a non-owner policy may be more suited for you and will save you money in long run specifically if you drive less frequently but have to buy insurance each time you rent them compared to vehicle owners who are daily commuters. Most of the time, it can be cheaper than a conventional insurance policy since customers are basically driving less compared to people who have their own cars. How much does it will save you money? Well, it actually depends on the various factors like age or how frequently you are planning to drive pretty much same way pricing for places are calculated for conventional insurance policies for vehicle owners. Difference is the cost,

Some providers may suggests that non-owner car insurance is about fifteen to twenty percent lesser compared to a conventional standard insurance policy but some times a non-owner car insurance holder may get new insurance policies for around half of regular car insurance or slightly higher if you had a good driving record.

Evaluate the type of coverage you want

A non-owner car policies may be handy, but it may also not cover as much as you expect. Somehow, it is just a liability policy according to John Espenschied as the manager of Insurance Brokers Group in St. Louis, Missouri. It does not provide coverage for physical injures to a car you drive. It also does not cover car damage just in case you wreck it because you apparently only get liability policy.

Suppose you are in an accident and injured, non-owner car insurance will not cover the medical bills. The insurance may not also cover medical bills for any passengers and the passengers are at the risks if something happened down the road. In general, the policy may cover the medical bill of injured people outside of the car that you drive during the accident.


Supplemental coverage may be available on non-owner car insurance. So, suppose you drive somebody’s car, then you get an accident by hitting the car to other cars, you have a right to claim the insurance company to handle it. The car will be covered by the original car insurance first, but your non-owner car insurance may cover any damages that the original insurance does not cover.

Factor in if do not have a car but you regularly drive

Suppose you often borrow your family’s car, but you are not staying with your family, it will be a good choice to invest in car insurance. However, if you stay in a residence with your parents, for instance, then you have to be on their insurance policy and must be listed as a driver, instead of buying non-owner car insurance.

While your family has to sign up for car insurance alone, you only need non-owner car insurance to protect yourself. In this case, you have a right to be financially liable just in case somebody sues you when you get a car accident while driving other people’s cars.