What To Consider Before Purchasing Non Owner Auto Insurance
The number of drivers that carry non owner auto insurance is steadily increasing as it offers certain protection and financial security that other types of insurance cannot. But there are several things to consider before making a purchase so you don’t end up with unnecessary costs or unnecessary gaps in coverage. Here are seven important points to think about before jumping into a non owner auto insurance policy:
1. Do you meet the eligibility requirements? In order to qualify for a non-owner policy, you must be without a vehicle or have a vehicle that is owned by someone else. If you own a car, you will likely not be able to get a non-owner policy.
2. Is it financially feasible? Non-owner auto insurance is generally more affordable than traditional auto insurance policies, but it is important to carefully consider your budget and make sure that you can afford to pay for coverage.
3. Does the policy provide the coverage you need? Non-owner auto insurance typically comes with basic liability coverage, but not all policies are created equal. Be sure to compare several different non-owner auto policy options in terms of coverage and pricing.
4. Are there any additional benefits included? Some non-owner auto policies may include additional perks like rental car coverage, roadside assistance, and more. If these added benefits are important to you, be sure to look for a policy that includes them.
5. Does the policy include coverage for a borrowed vehicle? If you are renting a vehicle for a short period of time, a non-owner auto insurance policy may be able to provide you the necessary coverage should an accident occur. Most policies will cover you for bodily injury and liability expenses, but it is important to carefully review the specifics of the policy.
6. Does the policy cover you in different states? Anytime you are traveling, it is important to know that your non-owner auto insurance policy is valid in the states you plan on visiting. Most policies will provide coverage in all 50 states as well as internationally, but this is something to double-check.
7. What is the customer service like? Just as with any other type of insurance, you want to work with a company that has a good customer service team. If you have any questions or need assistance with claims or paperwork, the customer service staff should be able to provide you with the help you need.
In addition to the points mentioned above, here some other topics to consider when shopping for a non owner auto policy:
1. Insurance Requirements: Every state has its own minimum requirements for auto insurance, so it is important to do your research to make sure that the policy you are considering meets those requirements.
2. Cost Considerations: Non owner auto insurance is generally more affordable than traditional auto policies, but it is still important to compare pricing before making a purchase.
3. Additional Coverage: Do you need additional coverage beyond what is offered by your non-owner auto insurance policy? Supplemental coverage types like Comprehensive and Collision can be beneficial for certain drivers.
4. Discounts: Many insurance companies offer discounts for non-owner auto insurance policies, so it is worth looking around to see what kind of deals you can find.
5. Claims Process: How easy is it to file a claim with the company you are considering? Make sure you understand the process and timeline so there are no surprises in the event of an accident.
The right kind of non-owner auto insurance policy can provide effective coverage and peace of mind while you are on the road. However, taking the time to do your research and choose a policy that fits your needs and budget can be beneficial in the long run. By understanding your policy, checking for discounts, and knowing what coverage you are getting, you can enjoy the protection of a reliable non owner auto insurance policy.