Non owner car insurance is a type of insurance policy that provides coverage to those who don’t own a car but drive someone else’s car frequently or occasionally. It’s an affordable alternative to traditional car insurance, and it’s particularly useful for individuals who rent cars frequently, use car-sharing services, or borrow cars from friends or family members. In this article, we’ll take a closer look at non owner car insurance in Memphis, TN, and what you need to know before purchasing a policy.
What Is Non Owner Car Insurance?
Non owner car insurance, also known as non-owners auto insurance, is a liability-only policy that covers bodily injury and property damage caused by the driver while operating someone else’s vehicle. It doesn’t provide coverage for damage to the vehicle itself or any injuries sustained by the driver or their passengers. Non owner car insurance is typically less expensive than traditional car insurance policies because it provides fewer coverage options.
Who Needs Non Owner Car Insurance?
If you frequently drive someone else’s car, whether it’s a rental car, a car-sharing vehicle, or a friend or family member’s car, you may want to consider purchasing non owner car insurance. This type of insurance policy can provide peace of mind and financial protection in the event of an accident. Additionally, some states require drivers to carry liability insurance, even if they don’t own a car. Non owner car insurance can fulfill this requirement and prevent you from facing legal penalties.
What Does Non Owner Car Insurance Cover?
Non owner car insurance typically provides liability coverage for bodily injury and property damage caused by the driver while operating someone else’s vehicle. If you’re involved in an accident while driving someone else’s car, your non owner car insurance policy may cover medical expenses, lost wages, and property damage expenses for the other driver or passengers involved in the accident. However, it won’t provide coverage for any injuries or damages sustained by you or your passengers.
How Much Does Non Owner Car Insurance Cost in Memphis, TN?
The cost of non owner car insurance in Memphis, TN, can vary depending on a number of factors, including your driving record, age, gender, and location. On average, non owner car insurance policies in Tennessee cost around $300 to $400 per year. However, it’s important to shop around and compare quotes from multiple insurance providers to ensure you’re getting the best coverage at the most affordable price.
Where Can I Purchase Non Owner Car Insurance in Memphis, TN?
Non owner car insurance is offered by most major insurance providers, including State Farm, Geico, and Progressive. To purchase a non owner car insurance policy in Memphis, TN, you can either contact an insurance agent directly or use an online insurance comparison tool to compare quotes from multiple providers at once.
What Should I Look for When Choosing a Non Owner Car Insurance Policy?
When choosing a non owner car insurance policy in Memphis, TN, there are several factors you should consider. First, make sure the policy provides adequate liability coverage for bodily injury and property damage. Second, check the policy’s deductible and make sure it’s affordable for you. Third, consider any additional coverage options that may be available, such as uninsured motorist coverage or personal injury protection. Finally, compare quotes from multiple insurance providers to ensure you’re getting the best coverage at the most affordable price.
Conclusion
Non owner car insurance can be a useful and affordable option for individuals who frequently drive someone else’s car. If you’re considering purchasing non owner car insurance in Memphis, TN, be sure to do your research and compare quotes from multiple insurance providers to ensure you’re getting the best coverage at the most affordable price.
