Are you willing to borrow a friend’s car? Whether you borrow your friend’s car or from rental services, you’re actually taking it as non-owner auto insurance.
With this comes in mind, what are the insurance requirements? Or What will be the longevity of owning someone else’s car? So here is everything you need to know about availing non-owner car insurance quote.
Why do people Buy Non-Owner Car Insurance?
Usually, a person who doesn’t own his/her own car chooses to buy another person’s car for rent. If you’re among those then you must be also looking for an insurance policy that offers motorist coverage. Aren’t you?
However, every driver opting for any cheap non-owner car insurance must know that it doesn’t provide any full coverage rather provides liability coverage for the policyholder.
Another great advantage is that a non-owner auto insurance policy has no deductible. Another reason why people buy the cheapest non-owner car insurance is to avoid getting caught in license suspension or paying fines.
However, many times a driver driving without insurance is also sent to jail, so it is important to have an insurance policy even for a short time. Therefore, if you’re found at fault or had an accident with another driver, then you’ll be protected from lawsuits by your non-owner insurance policy.
How much is Non-Owner Car Insurance?
As drivers with non-owner insurance don’t regularly drive on the road as the average policyholder, they are likely to pay less. However, if you’re wondering how much non-car owner insurance may cost, then it is around $200 to $500 annually.
Besides, as compared to a standard policy, non-owner auto insurance rates are 5% to 15% cheaper.
Does it really make sense to purchase Non-Owner Car Insurance?
Several situations where it makes sense to purchase the cheapest non-owner car insurance. If your driver’s licence is suspended for one of these reasons, most states will require you to get a car insurance policy with an SR22 certification such as california sr 22 before your licence may be reinstated.
The policy might include :
•Wanting to save money on a rental car.
•Driving a friend’s car on more than one occasion.
•Driving a rental car frequently.
•Protecting your driver risk status.
•Filing to get your driver’s license restrained.
•Preventing a lapse in car insurance coverage.
•Protecting yourself from uninsured drivers.
•While using any type of car-sharing service.
Therefore, it is valuable to get this type of loan when renting a car or using a car-sharing service. However, the biggest reason why it makes sense to opt for a non-owner car insurance policy is to maintain the peace of mind of having a standard liability policy when the car you’re driving belongs to someone else.
How to Buy Non-Owner Car Insurance?
As not every insurance company offers this type of coverage online, starting your search early will always be worth it. No matter what your driving record or financial status is, the very first step should be to compare different insurance company platforms and choose cheap non-owner car insurance plans.
In such cases, you’ll need to request non-owner car insurance quotes over the phone by contacting an insurance agent or visiting any local office in person to buy a non-owner car insurance policy.
Besides, some basic information you’ll need to provide to get a quote for non-owner insurance is such as your personal details, driver’s license number, method of payment such as a credit card. Make sure to provide valid information about yourself as these will set your premiums.
A Variety of Options Available at Alias Insurance!
However, if you need any temporary car, getting a non-owner insurance policy is a very smart move. So if you’re finding it difficult to opt for any insurance company for a short-term policy, you can rely on Atoz Insurance company.
Alias has been serving its customers for a long time and has made its name in the industry. You can expect various options and facilities at an affordable rate.