Reasons for Buying Non Owner Auto Insurance

Today, almost every car owner has car insurance in United States, as it has become necessary and required by law. What about those people who do not own an auto of their own? If you don’t own a car but you do drive (either by renting cars, borrowing them, or perhaps driving a company car) you could be at the mercy of another driver’s insurance coverage in case you’re involved in an accident. When renting cars you may have to pay exorbitant amounts for insurance through the rental company. There is a better way, and that way is called non owner auto insurance.

Sometimes referred to as non owned auto insurance, non owner auto insurance simply covers you when you are driving a car that you do not own. Many insurance companies offer this type of policy and the rates for non owned auto insurance may be cheaper than you expect. The insurance coverage can be purchased for a specific vehicle (like in the case of your driving a company car on a regular basis) or as a “blanket” or “umbrella” policy that covers you whenever you’re behind the wheel of a car you do not own.

When purchasing this type of insurance policy you are assuring yourself of several things:

• You always know that you’re covered, regardless of whether the car’s owner is fulfilling his or her obligation to carry insurance.
• You always know how much insurance coverage you have. The only thing that may be worse than driving someone else’s vehicle and discovering (usually after an accident or if stopped by a police officer) that there is no insurance on the car, is doing so and discovering that there is not enough coverage on the car.
• You supply auto insurance on your own terms, even though you don’t own the vehicle you’re driving.
• You’re saving money on the high insurance rates that rental car companies charge for insurance.