Liability Sample Quote: Rating Factors

Liability Sample Quote: Insurance Rate Factors

Discounts Applied to this Liability Sample Quote:

Additional Notes: This person now has a good driving record!

Disclaimer: The purpose of this page is to showcase an estimate of what insurance may cost an individual with these products and/or circumstances. This is based on a real Liability sample quote.

Why Would A Person Have A Non-Owners Policy?

There are a few reasons why someone might have car insurance even if they don’t own a vehicle:

1. Non-Owner Car Insurance: Some individuals who frequently borrow or rent cars may opt for non-owner car insurance. This type of policy provides liability coverage when driving a borrowed or rented vehicle, protecting the driver financially in case of an accident. It is particularly useful for people who don’t own a car but still need to drive occasionally.
2. Secondary Coverage: In some cases, a person may already have car insurance as part of their household’s primary policy. If they live with someone who owns a vehicle and has an insurance policy, they might have coverage as a listed driver on that policy. This secondary coverage can extend to protect them when driving other vehicles, including rented or borrowed ones.
3. Future Vehicle Purchase: Someone who doesn’t currently own a car might still be preparing to buy one in the near future. In such cases, they might maintain continuous car insurance coverage to avoid any lapses in coverage history. Insurance companies often consider a consistent coverage history as a positive factor when determining insurance rates for new policies.
4. Rental Car Coverage: Some credit card companies or travel insurance policies offer coverage for rental cars when you use their services. So, even if someone doesn’t own a vehicle, they might have insurance coverage through these alternative means when renting a car.

It’s important to note that the specifics of car insurance can vary depending on the region and the insurance company, so individuals should always verify their policy details and consult with their insurance provider to understand the extent of their coverage.