Are you someone who regularly rents out the cause and uses the same to travel to your work or recreational sports? Well, then the non owner auto insurance is just perfect for all your requirements. This car insurance is specifically very helpful to those who do not have a vehicle of their own but drive very often and also have a driving license.
Not only that, the best non owner car insurance is a must for all the commercial companies as well who regularly give out the cars for traveling as well as to the employees for easy commute. We have tried to first talk about the aspect of non-owner insurance and also how you can get hold of one.
What Exactly is Non-Owner Car Insurance?
The non-owner auto insurance is a blessing in disguise if you are driving someone else’s car. In that case not only will it protect your own medical insurance but will also ensure that the person who was traveling with you or the one who was a victim of the accident gets the due coverage.
This variant of insurance is also known as hired Auto Insurance. It is very important to have this kind of insurance because it covers really big aspects which are not covered by your normal car insurance or even your commercial Auto Insurance.
How Can I Get Non-Owner Insurance?
It does not matter whether you want to buy non-car owner insurance online or offline. There are certain guidelines that have to be abided by so that you get hold of the insurance. Some of these requirements include:
- Having a completely functional and valid driving license.
- Valid evidence of the fact that you do not own a car to your name.
Sometimes it becomes important for you to even put forth valid evidence of the fact that even your family members do not possess a car to their name. The most common way to get this done is by signing a declaration with the DMV.
Once this has been checked and passed on to you, your insurance will automatically be approved. There are numerous companies that provide insurance when it comes to non-owner car insurance.
There are various budgets as well and depending on the coverage the price will either go up or go down. On rare occasions, it also becomes mandatory for the applicant to submit a copy of the SR-22 files.
This happens generally if you are listed as a high-risk driver by the insurance provider on a background check. Usually, the cost of procuring non-owner auto insurance goes up in that case as well.
You can usually be referred to as a high-risk driver in case you have ever been caught driving without a license, reckless driving, or even feeling to abide by the traffic norms which all gets recorded.
What Can be The Cost for Non-Owner Insurance?
Non-owner insurance usually depends on a number of factors like the strength of the coverage or even the fact of whether you are a high-risk driver or not. It can usually range anywhere between the range of $250-$550.
This is usually a standard amount and the prices rise up on subjective factors. Even the applicant’s date of birth, location as well as history as a driver matters when it comes to ascertaining the car insurance as a non-owner.