Even if you don’t currently have a car, you can still obtain auto insurance. This is done with what’s referred to as non-owner car insurance. It’s an option that will provide minimum vehicle coverage as long as you have a valid driver’s license. Here’s what you need to know about getting auto insurance without a car.
First of all, to qualify for non-owner car insurance, you must not currently own a vehicle in your name. Also, you’ll need to present a valid driver’s license when you sign up for this type of coverage. Some insurance providers offering this coverage also require a policyholder to ensure nobody else in the same household has a vehicle he or she could use.
What a Non-Owner Policy Covers
A non-owner auto insurance policy only provides liability coverage. This means you’re only covered for any damage you may cause to another driver, his or her vehicle, or his or her property. However, the policy doesn’t provide coverage for any injuries you may sustain, nor does it cover your passengers or a vehicle you happen to be driving.
Reasons to Consider Non-Owner Coverage
An auto insurance policy your friend or a family member has may cover you if you’re listed on the policy as a permissive driver. What this means is the family member or friend is allowing you to drive his or her insured vehicle. In this situation, any damage you might cause while driving the car would generally be covered, depending on the specific policy terms. The potential issue here is that any damages exceeding the limits of a policy you’re included on would then be your responsibility. If you have non-owner insurance, you’ll gain some added protection and peace of mind.
Costs of Non-Owner Auto Insurance Coverage
Costs for non-owner auto insurance coverage vary. Typically, such policies have rates lower than what’s common with standard auto insurance policies for vehicle owners. As is the case with any type of auto insurance, the costs associated with a non-owner auto insurance policy are often based on the following factors:
• Age – It’s common for younger or less experienced policyholders to pay a bit more than older or more experienced drivers.
• Driving history – In this instance, your driving history when you had a vehicle you owned yourself would be considered.
• Location – Insurance providers often consider where you live to determine if there are potential risks to be aware of, such as being close to busier roads or highways.
How often you drive when you do have access to a car may also be considered. Just be aware that getting into an accident when you’re driving a car owned by someone else could affect that person’s insurance rates negatively. Finally, if you do purchase a car in the future, let your insurance provider know so you can shift to the appropriate type of coverage.
Your insurance agent can provide you with specifics on how you can get auto insurance without a car. If you’re looking for affordable, reliable car insurance and high-quality service, call on the trustworthy agents from Altra Insurance Services. We can also provide you with motorcycle, renters, and home insurance. San Diego residents should give us a call today at (800) 719-9972.