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Non Owner Auto Insurance

You can easily find affordable non owner auto insurance.You have probably encountered a situation in your life where you were not in control of a vehicle that you were financially responsible for the damages of. Perhaps you are a business owner allowing workers to use your vehicles for work related transportation, or maybe you use rental cars on a regular basis to get around. Whatever the case may be, a lack of proper non owner auto insurance coverage can lead to a variety of unexpected and often overwhelming expenses that most people aren't prepared to front. What is the best way to combat this? By getting some quality non owner auto insurance.

Under a non owner auto insurance policy for a business, you can have other operators in control of your vehicles and still remain covered in the event of an accident. Such coverage can prove to be vital in the event of an accident when out-of-pocket expenses can be a little more than most people are willing to put out. As the owner of the vehicle, you are entirely responsible for the damages that are incurred during an accident, even if your hand never touched the wheel. Finding the right non owner auto insurance to keep you covered is thus a significant part of being the owner of a company car, as one false move by your employees could lead to a huge financial burden that you or your company will have to carry. Be sure to get a car insurance quote on a regular basis to make sure you are paying the lowest possible premiums.

Why Doesn't Every Business Have Non Owner Insurance?

The reason that a lot of business owners don't think to get non owner auto insurance is because they are under the assumption that if the driver is insured for his or her own vehicle, then he or she is insured in general. Each car has its non owner auto insurance policy with rates, coverage, and premiums all being determined by the type of vehicle that is being driven and the amount of money a person is willing to pay to have it insured. The owner of a 2007 Lamborghini is obviously going to need more non owner auto insurance for his vehicle than the owner of a ‘98 Honda Civic. The vehicle is what is covered in a policy, not the driver, so don't make the assumption that your workers are covered if your car is not.

Non Owner Auto Insurance for Rentals

Rental cars fall under slightly different regulations than company vehicles, but their coverage is carried out in the same manner. In this instance, you are not the permanent owner of a vehicle, but you are the temporary one. Even in this temporary state of ownership, you have to have some sort of vehicle insurance coverage for an accident. Most rental companies will do all they can to sell you some of that non owner auto insurance when you go to rent the car, and it is your job to find out the rates and see if they are worth the expense. If you have non owner auto insurance, you may not even need these services as your policy should cover your accident expenses under those circumstances. Ask your auto insurance agent what the terms of your non owner auto insurance policy are so that you are knowledgeable enough to say yes or no when faced with rental non owner auto insurance.

Coverage Under a Non Owner Auto Insurance Policy

Under a non owner auto insurance policy, you can receive accident coverage, which will cover the costs of any medical expenses that may result from a collision. This will include the medical care of any passengers in the vehicle, as well as any damages that may have occurred to another driver's vehicle. With non owner auto insurance, you are not financially responsible for most of the bills that occur when you are either not in control of your own vehicle or not the owner of someone else's vehicle. The purchase of such a policy will thereby save you a lot of unnecessary bills that accompany almost every accident around. Investment in this sort of non owner auto insurance is a great idea and well worth any trouble you may have getting it.

Often times non owner auto insurance will already be built into a policy, but you'll need to make sure that you talk to your agent to verify the existence of such coverage. Be sure to ask them to give you a non owner auto insurance quote for non owner auto insurance coverage specifically. If you do not have a non owner auto insurance provision in your terms, then you should request a quote with the rates for that type of coverage. Your monthly premiums will likely increase if you have to add those features to the policy, but that is typically a small price to pay for the peace of mind that your vehicle and your wallet are safe in an accident.

Even if you don't have a business or don't plan to rent a car, finding out if you have non owner auto insurance can still be beneficial. You may not need to purchase that sort of coverage as much as other people would, but it can still be helpful in times when you aren't in control of your vehicle. If, for instance, you loan your car to a friend to drive, you want to make sure that you won't have to cover that friend's costs if a wreck is to occur. That small monthly payment for non owner auto insurance can help you avoid a lot of debt that can accumulate at a moment's notice. Once the car crashes, you can kiss your financial freedom goodbye - if, of course, you don't have proper non owner auto insurance coverage.

As with any policy, you should shop around for non owner auto insurance before you sign away for any of it - get several quotes for your vehicles before signing up with a company. Call up your local agents or go online to compare non owner auto insurance rates of the different companies you are seeking coverage from. For the most part, you should be able to obtain a free quote from those sources so that you can adequately assess the policies and premiums and determine which company will best fit your needs.

How Much Does Non Owner Auto Coverage Cost?

Although price will probably be a huge factor in the coverage you buy, you have to make sure that you do not skip on the quality of the policy that you purchase. A cheap rate every month looks great, but if it doesn't have the right coverage to back it up, then it's useless. That isn't to say that you cannot find good non owner auto insurance under cheap rates as that is entirely possible, but you have to factor in the quality as well as the cost whenever you are making your decision.

If you don't think that you will need non owner car insurance, then at least see if it is part of the policy in case the need for it comes up in the future. It is very possible that your situation could change during the time your policy is active, and you may find non owner auto insurance coverage to be a vital necessity. Just check if it's in the terms to begin with and you should have no problems staying covered in the future.

Overall, non owner auto insurance is a great investment for anyone on the road. Though it may not always be needed and may never be used, it is still nice to have a fall back plan in an unfortunate situation. There's no reason for you to shell out thousands of dollars in medical and damage expenses when you don't have to, and a non owner auto insurance policy can keep you covered in tough times. Get a car insurance quote from several companie, pick out a good non owner auto insurance plan, and you shouldn't have to encounter any troubles.


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