Cheap Non Owner Car Insurance

Are you searching for a cheap non-owner car insurance quote but unsure where to start or what to consider when choosing a policy? This guide answers all your essential questions about getting non-owner coverage. 

This article goes into depth on who needs non-owner auto insurance, who may be required to hold such a policy, who cannot purchase this type of policy, what is covered, potential costs, and what kinds of vehicles are covered. Finally, you’ll find a brief list of insurance carriers that offer this type of policy and a considerable bonus tip designed to help you find the most affordable policy.

What Is Non-Owner Auto Insurance?

Non-owner car insurance allows anyone driving a car they do not legally own to obtain insurance in case of an accident. This may be because they borrow a car from someone else or rent one for an extended period.

Who Needs a Non-Owner Insurance Policy?

Most drivers looking for a non-owner insurance policy do so because their state requires that they submit a certificate of financial responsibility (CFR) to reinstate their driver’s license. This is often referred to as non-owner SR-22 insurance coverage. In many cases, non-owners usually have one or more of the following on their record.

1. Failure to pay child support or any other legal obligations ordered by the court
2. Being involved in an accident while uninsured
3. Causing multiple accidents and being recognized as a High-Risk Motorist
4. Having court-ordered legal judgments against them
5. History of DUI convictions
6. Applying for a hardship license
7. Being convicted of a charge related to reckless driving, such as exceeding 100 MPH or drag racing
8. Having a driver’s license with an excessive number of points

Anyone applying for a hardship license will likely be required to get non-owner automobile insurance.

Who Does Not Need a Non-Owner Car Insurance Policy?

There are specific situations where you may not need the coverage offered by a non-owner policy. This includes:

• If you no longer need to file an SR-22 insurance form and already own a vehicle.
• You hardly ever rent vehicles.
• The company car you are responsible for driving is only used to conduct business.
• You are borrowing the car of a family member you reside with and are put onto the policy.

Who Cannot Purchase Non-Owner Insurance?

Typically, certain people are excluded from purchasing non-owner car insurance, often due to court mandates. This may include individuals required to have an ignition interlock device or “IID” installed on their vehicle.

Types of Coverage Available Through a Non-Owner Car Insurance Policy

In simple terms, nonowner insurance covers property damage and/also provides the registered owner with additional protection against injuries when a driver is involved in an accident.

Non-owner insurance protects drivers operating a vehicle that they are not the owner of. It also provides the registered owner with additional protection if their car is involved in an accident while being driven by someone else.

Non-owner policies usually include only the minimum mandated coverage in your state. However, you do have the option of selecting higher limits and more extensive plans for added security. Most policies will cover the following:

• Personal Injury Protection (PIP) – Regardless of who is determined to be at fault, PIP covers injuries obtained in an accident.
• Liability Coverage – This pays for injuries and damages that you have been determined to have caused to other parties. Your passengers are not included.
• Uninsured Motorist Coverage – This optional coverage offers protection if you are injured or have damages resulting from another driver who is determined to be at fault and does not have car insurance coverage. It’s a valuable addition to your non-owner policy.

If you need a cheap non-owner car insurance quote, enter your ZIP code below.

Potential Costs of a Nonowner Car Insurance Policy

Typically, nonowner insurance is considerably cheaper than other car insurance policies. The average policy is usually available for around $474 per year. These types of policies are cheaper because they often have basic coverage with lower limits instead of comprehensive coverage with higher limits. 

However, your costs may be much higher if you obtain non-owner insurance to fulfill the SR22 requirement. Your yearly premium may reach as much as $1,230 or more in some cases. 

As with any driver getting coverage, several factors will come into play that will determine premium costs. This includes the vehicle being insured, the age of the driver, and the home address where the vehicle is parked.

Drivers who are mandated to carry SR-22 coverage are considered to pose a much higher risk than other drivers, as they are more likely to engage in dangerous driving and be the cause of an accident.

Be aware that the requirement to keep SR-22 coverage is not lifelong. Depending on the reason you are required to carry it, you’ll likely need to maintain your coverage for one to five years. 

You may no longer need non-owner car insurance when this period is over. To review non-owner quotes near you, enter your zip code and fill out a no-obligation quote. 

How is the Cost of Non-Owner Car Insurance Coverage Figured?

As with any other insurance policy, the company considers a variety of factors when determining your premium amount. Factors that are considered include:

• Driving record and how many years the driver has been licensed
• Credit rating and status as a homeowner or renter
• Age of the insured
• The insured’s gender
• Where the insured lives and where they will be driving

What Types of Vehicles are Covered by a Nonowner Policy?

Any vehicle is included. However, it must not be owned by you or registered in your name. Also, you must plan to drive the car for an extended period.

What Companies Offer Non-Owner Car Insurance?

Numerous insurance companies have this type of coverage available, including some of the biggest names in the auto insurance industry. Here are several popular carriers:

• Nationwide
• State Farm
• Farmers
• Geico
• The General
• Progressive
• Titan
• USAA Insurance
• Mercury
• Serenity Group Insurance

Geico Non-Owner Car Insurance

Geico’s non-owner policy is an excellent option for customers seeking low rates. If you are searching for a non-owner policy at a reasonable price, Geico is an excellent place to start. Geico non-owner auto insurance is a liability-only policy. This means the policy pays out for property damage caused and personal injuries resulting from an accident you caused.

Geico nonowner insurance does not cover damages to your vehicle after an accident and will not include natural events that damage the car, like a flood or fire.

Geico often provides cheap non-owner car insurance. A typical policy can be purchased for $300 and up per year. Your rate will vary due to many factors.

• Your Driving Record
• Your Age
• Your Credit 
• Where you Live

Geico offers direct-to-consumer non-owner policies online. Geico also has cheap non-owner car insurance with low deposits. Also, if you need non-owner SR-22 insurance, Geico has low rates on this type of coverage. 

If you have any questions about Geico non-owner car insurance, you can call toll-free, and an agent will be glad to assist you. Get a free online non-owner car insurance quote today. Start by entering your zip code.

What if the Company You Had in Mind Doesn’t Offer Non-Owner Policies?

While several agencies offer this policy, there are several that do not. These agencies include Allstate, Esurance, and Liberty Mutual.

If you contact an insurer that does not offer non-owner car insurance, don’t worry. There are plenty of quality insurers like Progressive that offer these types of policies.

Cheap Non-Owner Car Insurance Quote

To get the cheapest non-owner car insurance, you will need to take the time to compare quotes. This is the easiest and most effective way to ensure you get a great deal. You should reach out to at least five to seven companies for the best results. Ensure the policies you compare offer equivalent coverage and provide you with all the coverage you need before you finalize your decision.

Now that you have a better understanding of non-owner insurance and why you need it, it is time to start comparing side-by-side rates. Enter your zip code and compare direct non-owner car insurance rates in minutes. Save the most money on the coverage you need today.