Do I need to have a car to get car insurance?


Owning a car is not a requirement for car insurance. If you qualify for a non-owner’s policy, you can get car insurance. If you do not have a car of your own, and no one in your household owns a vehicle that you can drive, you may still acquire a non-owner’s policy. The only thing you have to do to get this type of insurance is to fit the criteria of the insurance provider’s underwriting.

The guidelines and criteria for underwriting may vary with insurance firms, but normally criteria takes into account the applicant not having a vehicle of his own but in possession of a driver’s license.

A non-owner’s type of insurance grants a driver protection for liability when determined to be at fault in a vehicular mishap but does not own a car himself. Non-owner’s coverage usually includes liability for property damage and bodily injury. It could at times take in medical payments and coverage for uninsured and/or underinsured motorists.

Non-owner’s policies commonly do not involve coverage for collision, comprehensive, rental reimbursement, or towing compensation, because an individual who gets a non-owner’s policy does not own a particular vehicle the coverage is placed on.

If you have a non-owner’s policy and you were driving a borrowed car that was involved in an accident, your non-owner’s policy is of less importance than the car owner’s insurance on his vehicle. If you qualify for household car insurance or the insurance plan of somebody else whose vehicle you often drive, you should get it instead of obtaining a non-owner’s policy.

A non-owner’s policy varies but it does not cost that much for drivers aged 25 and above. Depending on what state the driver lives in and the insurer he gets the policy from, this plan for a driver especially one with no traffic or driving violations would range from $200 to $700 per year.