Non-owner car insurance is a type of auto insurance policy that provides coverage for drivers who do not own a car. This type of insurance is particularly useful for people who frequently rent or borrow cars, or those who use car-sharing services. If you live in Oregon and you do not own a car, then you may be wondering whether you need non-owner car insurance. In this article, we will explore the basics of non-owner car insurance in Oregon and help you decide whether this type of coverage is right for you.
What is Non-Owner Car Insurance?
Non-owner car insurance is a liability-only policy that covers bodily injury and property damage caused by the policyholder while driving someone else’s car. It does not cover damage to the car itself, nor does it provide any coverage for the policyholder’s injuries or damages if they are involved in an accident while driving a car they do not own. Non-owner car insurance is typically less expensive than a standard auto insurance policy because it provides less coverage.
Do You Need Non-Owner Car Insurance in Oregon?
In Oregon, non-owner car insurance is not required by law. However, if you frequently rent or borrow cars, or if you use car-sharing services like Zipcar or Car2Go, then you may want to consider purchasing non-owner car insurance. This type of coverage can provide you with peace of mind and financial protection in case you are involved in an accident while driving someone else’s car.
What Does Non-Owner Car Insurance Cover?
Non-owner car insurance provides liability coverage for bodily injury and property damage caused by the policyholder while driving someone else’s car. This coverage typically includes:
- Bodily injury liability: Pays for medical expenses, lost wages, and other damages if you injure someone in an accident while driving someone else’s car.
- Property damage liability: Pays for damages to someone else’s property (e.g., their car, fence, or mailbox) if you are at fault in an accident while driving someone else’s car.
It is important to note that non-owner car insurance does not provide any coverage for damages to the car itself, nor does it provide any coverage for the policyholder’s injuries or damages if they are involved in an accident while driving a car they do not own.
How Much Does Non-Owner Car Insurance Cost in Oregon?
The cost of non-owner car insurance in Oregon can vary depending on several factors, including your driving record, age, and location. However, this type of coverage is typically less expensive than a standard auto insurance policy because it provides less coverage. According to the National Association of Insurance Commissioners (NAIC), the average cost of non-owner car insurance in the United States is around $260 per year.
Where Can You Buy Non-Owner Car Insurance in Oregon?
Non-owner car insurance is offered by most major insurance companies in Oregon. You can purchase this type of coverage directly from an insurance company or through an independent insurance agent. To find the best non-owner car insurance policy for your needs, it is important to compare quotes from multiple insurers and read the policy details carefully.
What Are the Benefits of Non-Owner Car Insurance?
There are several benefits to purchasing non-owner car insurance in Oregon, including:
- Financial protection: Non-owner car insurance can provide you with financial protection in case you are involved in an accident while driving someone else’s car. This can help you avoid paying out-of-pocket for damages or injuries caused by the accident.
- Peace of mind: With non-owner car insurance, you can have peace of mind knowing that you are covered if you need to drive someone else’s car. This can be particularly useful if you frequently rent or borrow cars, or if you use car-sharing services.
- Improved driving record: If you purchase non-owner car insurance and maintain a clean driving record, you may be able to qualify for lower rates on a standard auto insurance policy in the future.
Conclusion
Non-owner car insurance is a type of auto insurance policy that provides coverage for drivers who do not own a car. In Oregon, this type of coverage is not required by law, but it can be useful for people who frequently rent or borrow cars. Non-owner car insurance provides liability coverage for bodily injury and property damage caused by the policyholder while driving someone else’s car, but it does not cover damage to the car itself or the policyholder’s injuries or damages if they are involved in an accident while driving a car they do not own. To find the best non-owner car insurance policy for your needs, it is important to compare quotes from multiple insurers and read the policy details carefully.
