Which non-owners car insurance should I buy?

Submitted by Anonymous (not verified) on Tue, 09/18/2007 - 07:15

I don't have auto insurance because I don't have a car. I would like to know, will it affect my premium in the future when I'll buy a car? I normally drive my company's car. Any suggestion on what type of insurance shall I buy?

Posted: 18 Sep 2007 07:21 Post Subject: Can think of non owners insurance?

Hi, have you heard of non owners insurance? This policy will cover your medical bills if you suffer injuries in an accident. Non owner insurance is a solution for people who don't own a car but often rent or borrow. In your case, your employer must be carrying insurance on the vehicle in which they may have enlisted you as a driver (you need to find it out form your employer) but it still makes a good sense to have additional protection. IMO, non-owners insurance could be a solution for you.

Juanita

Posted: 18 Sep 2007 07:32 Post Subject:

Howdy, not carrying auto insurance may not affect your premium as long as you maintain a fair driving record. Many factors influence auto insurance premium, like- the driver's age, gender, the average mileage of driving and most importantly your driving history. The insurance company will scrutinize all these factors before deciding upon your premium rate. However, it surely makes sense to have coverage even when you don't own a car.

Posted: 18 Sep 2007 07:39 Post Subject:

Heya, it is a wise idea, all right, but non owners insurance has some limitations of its own as well. Typical nonowners insurance doesn't offer collision ‘n' comprehensive coverage or rental reimbursement coverage. Moreover, it acts more like a ‘gap insurance', i.e. the nonowners insurance coverage will kick after the auto insurance coverage on the car gets exhausted. It is not widely available also (I'd to search a lot on net for one). InsAmi

Posted: 18 Sep 2007 10:44 Post Subject:

Good morning Jason,


I don't have auto insurance because I don't have a car. I would like to know, will it affect my premium in the future when I'll buy a car?



No the fact that you don't have auto insurance because you don't have a car will not affect future premium when you purchase a vehicle. If you owned a vehicle and were driving uninsured for any period of time, totally different story.

I'm sure that the company you are employed by has coverage on their own vehicle, so wouldn't concern myself about that unless your name is listed as an owner on the title, and there is nothing in your question that would make us think that.

Any suggestion on what type of insurance shall I buy?



A..., an auto policy maybe? :lol: Just kidding, but of course an auto policy is what you need to purchase when you purchase a vehicle. If you are wondering what coverages to buy or whether you should buy non owners insurance , this depends on the vehicle, it's age, value, is there a lein holder etc.

lori

Posted: 19 Sep 2007 05:10 Post Subject:

Hi,

Good question. In agreement with some other posters, the assumption is that you ARE insured currently with your employer. This means that you DO have insurance, but not in your own name.

One of the primary qualifiers in most areas for car insurance is whether you currently have coverage. Normally, if you can prove current coverage under a policy, regardless of who owns that policy (in this case, your employer), that will get you better rates. This is, of course, assuming you meet the rest of the company's underwriting criteria as well.
If you are insured under your employer's auto coverage, that shouldn't be a problem normally.

Many insurers will accept that you have current coverage under an employer's auto policy if you can present proof to the new insurer that indeed you were covered through your employer. This should be fairly simple to accomplish through your employer's insurance; your employer simply needs to request the info from the insurance company.

If this is the case, you will normally not be considered to be a "rookie" insured and should receive a better rating base. Rookies pay a considerably higher premium in most areas, and will typically have to pay those higher rates for a year or so. The insurers want to feel that you have a clue, and normally reserve their best rates for currently insured applicants.

Also keep in mind that other criteria will also establish your premium rates. Just about all carriers are using credit (insurance) scoring as an underwriting tool. This could be altered by your state law regarding the use of credit in insurance; many states now have laws as to how credit may be used for this purpose. Driving records, type of vehicle, the territory in which you live, other drivers in the household and their driving records, how the vehicle is to be used, if you have more than one piece of insurance business with that carrier (multi-policy discounts are very common) and other things will all affect your premium rates.

If you need more help from the forum...just ask!

InsTeacher 8)

Posted: 13 May 2008 04:38 Post Subject: Welcome to the ampminsure forums!

Hi Pat,

Your post has been shifted to the following url in order to generate better user responses:
http://www.ampminsure.org/start/teenager-nonowner.html

Regards,
Lakemen

Posted: 24 Jun 2008 07:08 Post Subject:

Hi danny, your post has been shifted to the following url,

http://www.ampminsure.org/start/non-owner-sr22.html

Please, check it for the responses.

Regards,
Lakemen

Posted: 29 Oct 2009 04:59 Post Subject: non owners drivers insurance

I need to know rates of non owners car insurance

Posted: 22 Jun 2011 05:06 Post Subject:

If you are driving a rented car or a car other than yours, now is the time to consider getting a non auto insurance policy. Many people think they only need to take out an insurance policy if they own the vehicle they are driving. But needless to say, most of the states now require any driver who operates a vehicle to hold financial means to settle in case accidents happen.

Posted: 22 Jun 2011 05:29 Post Subject:

But needless to say, most of the states now require any driver who operates a vehicle to hold financial means to settle in case accidents happen.

... and 99.99999% of the time they get the insurance from the car.

Also, this thread was 2 years old! Nice bump. :roll:

Posted: 22 Jun 2011 11:43 Post Subject: Good discussion

I was looking for the non owner insurance. Thanks i read the discussion. Now I got my query solved

Posted: 05 May 2012 05:50 Post Subject:

I better go for non owner insurance, it might be limited policy but how can you insured a car without a car. "Things to consider."

Posted: 08 May 2012 02:39 Post Subject:

By getting a non owners car insurance you will get right to drive any rented vehicle even if it is not in your name.

Posted: 16 May 2012 08:05 Post Subject:

If you are driving a rented car or a car other than yours, now is the time to consider getting a non auto insurance policy. Many people think they only need to take out an insurance policy if they own the vehicle they are driving. But needless to say, most of the states now require any driver who operates a vehicle to hold financial means to settle in case accidents happen.



This is true. Many states are following laws like the State Minimum Coverage or Financial Responsibility.

Posted: 17 May 2012 11:24 Post Subject:

Many states are following laws


Please tell us which ones do not have Financial Responsibility requirements for drivers?

Posted: 30 May 2012 12:04 Post Subject:

It will not affect future premium when you buy a vehicle.
And, I do agree with Juanita that you should consider non-owner car insurance. It is the best suitable policy for individuals who don't personally own a vehicle, but still drive on a regular basis. Non-owner car coverage provides insurance in the driver's name and contains liability, medical or personal injury protection, uninsured and under insured coverage.

Posted: 10 Jan 2014 04:20 Post Subject: Non Owner Car Insurance

Looking at your situation it would be best to get non owner car insurance, I got it when I was in a similar situation and I found this article (Promotional link removed as per TOU) which helped me save time and money.

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