All information provided about the law is very general in nature and should not be relied upon as legal advice. Every situation is different and should be analyzed by a lawyer who can provide individualized advice based on the facts involved in your unique situation, and a consideration of all of the nuances of the statutes and case law that apply at the time.
What is “non-owner” auto accident coverage?
If a driver frequently rents vehicles, having a liability insurance policy can help protect assets, like your house and savings, from a lawsuit.
According Forbes.com, licensed drivers who do not own a motor vehicle may want car insurance in some circumstances.
If a driver frequently rents vehicles, having a liability insurance policy can help protect assets, like your house and savings, from a lawsuit. Rental car companies generally offer car accident insurance that may be purchased at the time of renting. However, most experts would agree, that having your own policy that also covers rental cars along with any supplemental collision insurance purchased from the rental car agency is a very good idea to protect yourself from either the parties involved in the accident as well as the rental car agency.
Non-owner car accident insurance typically covers:
- Medical expenses for those you injured in an accident.
- Property damage and car repair bills that you caused others in an accident.
- A legal defense in case you are sued for a car accident
Another coverage that is recommend that could be available for purchase with non-owner car insurance policy is medical coverage. It is advisable to check your state laws and to contact local car insurance companies for details on this type of coverage as it is often state specific.