No Owner Car Insurance: Everything You Need to Know

If you don’t own a car, you may think that you don’t need car insurance. However, if you frequently rent cars or borrow cars from friends or family, you may want to consider getting no owner car insurance. This type of insurance covers you as a driver, rather than a specific vehicle. In this article, we’ll cover everything you need to know about no owner car insurance.

What is No Owner Car Insurance?

No owner car insurance is also known as non-owner car insurance. It’s a type of car insurance that provides liability coverage for drivers who don’t own a car. This insurance covers damages and injuries that you may cause while driving someone else’s car. It doesn’t cover damages to the car itself.

No owner car insurance is often required by rental car companies and some states require it for drivers who have had their license suspended or revoked.

What Does No Owner Car Insurance Cover?

As mentioned, no owner car insurance covers liability for damages and injuries that you may cause while driving someone else’s car. This includes:

Coverage
Description
Bodily Injury Liability
Covers medical expenses and lost wages of people injured in an accident you caused
Property Damage Liability
Covers damages to another person’s property, such as their car or fence

What Doesn’t No Owner Car Insurance Cover?

No owner car insurance doesn’t cover damages to the car you’re driving. It also doesn’t cover injuries or damages that you incur as the driver. If you’re driving a car and you have an accident that’s not your fault, the other driver’s insurance should cover your damages and injuries.

Who Needs No Owner Car Insurance?

If you don’t own a car, but you frequently rent cars or borrow cars from friends or family, you may want to consider getting no owner car insurance. It’s also required by some rental car companies and some states if you’ve had your license suspended or revoked.

Why Get No Owner Car Insurance?

There are several reasons to get no owner car insurance:

  • To meet rental car company requirements
  • To comply with state requirements
  • To protect yourself from liability claims
  • To improve your driving record

How Much Does No Owner Car Insurance Cost?

The cost of no owner car insurance varies depending on several factors:

  • Your age
  • Your driving history
  • Your location
  • The amount of coverage you want

On average, no owner car insurance costs $200 to $500 per year.

How to Get No Owner Car Insurance?

You can get no owner car insurance from most car insurance companies. You’ll need to provide information about your driving history and the amount of coverage you want. You may also be required to provide proof of a valid driver’s license.

When shopping for no owner car insurance, it’s important to compare quotes from different companies to find the best coverage at the best price.

FAQ

Is no owner car insurance required?

No owner car insurance is not required by law in most states. However, it may be required by rental car companies or if you’ve had your license suspended or revoked.

What is covered by no owner car insurance?

No owner car insurance covers liability for damages and injuries that you may cause while driving someone else’s car.

How much does no owner car insurance cost?

The cost of no owner car insurance varies depending on several factors, but on average it costs $200 to $500 per year.

Where can I get no owner car insurance?

You can get no owner car insurance from most car insurance companies. It’s important to compare quotes from different companies to find the best coverage at the best price.

Do I need no owner car insurance if I have a credit card that covers rental car insurance?

Some credit cards offer rental car insurance, but it’s important to read the fine print to see what is and isn’t covered. Also, credit card rental car insurance usually only covers damages to the rental car and not liability for damages and injuries that you may cause while driving.

Conclusion

No owner car insurance is an important type of insurance for drivers who don’t own a car, but frequently rent cars or borrow cars from friends or family. It provides liability coverage for damages and injuries that you may cause while driving someone else’s car. When shopping for no owner car insurance, be sure to compare quotes from different companies to find the best coverage at the best price.