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Non-Owner Car Insurance: Who Offers It? How Much Does It Cost?

Did you know you don’t have to be a car owner to have car insurance? Non-owner car insurance is a type of insurance designed for people who rent cars often or borrow cars belonging to their friends and family every once in a while. How does it work, though? Is it affordable?  Why would you benefit from non-owner car insurance if you don’t own a car? Let’s take a look at some need-to-know facts about non-owner insurance and which insurance companies offer this type of insurance so you can decide for yourself if it may be a beneficial investment.

Which Insurance Companies Offer Non-Owner Policies?

Believe it or not, not every insurance company offers this type of insurance policy. In fact, only 6 following companies, offers non-owner auto policies:

  • GEICO
  • The General
  • Dairyland
  • Progressive
  • State Farm
  • Titan 

The following large popular companies do not offer non-owner policies:

  • Liberty Mutual
  • Esurance
  • Allstate

How Much Does Non-Owner Car Insurance Cost?

Non-owner insurance is affordable, so long as you have a clean driving history. In most cases, non-owner policies are cheaper than full coverage policies. On average, non-owner insurance policies costs between $200-300 a year.

You must contact the insurance companies for a quote since non-owner policies are not offered online. You will have to provide a few important details so your agent can churn out a more precise policy rate. For example, you may be asked where you live and how often you rent or borrow vehicles. And the only way to know how much a non-owner policy actually costs you is to get quotes from several companies and compare.

>>MORE: Can I Insure a Car That I don’t Own?

Facts About Non-Owner Insurance

If you’re shopping around for a non-owner auto policy, there are a few things you should know before you buy, including the following:

  1. Often referred to as non-drivers insurance, non-owner insurance can be purchased as a standalone policy or an add-on to an existing policy. Because it’s purchased on a per-driver basis, the policy will only work for yourself. This means your spouse and other family members will not be covered under your non-owner insurance policy. It’s a good option to have because, depending on the severity of your accident, non-owner insurance may end up saving you a nice chunk of cash that you would otherwise have to pay towards property damage or medical bills from your accident.
  2. Most non-owner policies won’t offer collision or comprehensive coverage. That said, non-owner insurance won’t cover damages to the vehicle you’re driving or medical-related costs from any injuries you sustain. It will only cover certain damages and medical costs that other drivers or pedestrians may sustain from the accident you were in.
  3. Non-owner car insurance is a worthwhile investment if you frequently rent vehicles or you have a habit of borrowing your friend’s or family member’s cars. For example, if you travel a lot for work and usually rent a car instead of logging all those added miles on your own vehicle, adding a non-owner policy to your existing policy would serve you well and keep you protected at all times.
  4. Have a DUI or other driving violation on your record? You may benefit from a non-owner policy. Oftentimes getting approved for a traditional auto insurance policy can be hard with a DUI or other infraction on your record. With a non-owner policy, you will be able to continue driving when the need arises. If you are required to carry SR-22 certificate but you don’t own a car, you have to get non-owner SR-22 insurance.

Final Thoughts

For most people, non-owner car insurance is an affordable option that can really come in handy if you’re someone that rents or borrows cars often. These policies are also usually more affordable than typical auto insurance policies and are available at many of the most popular and widely used auto insurance companies, including Progressive and State Farm. Unsure how to get started? It’s easy. Simply give a handful of insurance companies a call to compare quotes and opt for the one that will serve you best. Once you have a policy, you can drive with the peace of mind in knowing you’ll be covered in the event of an accident.

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