There
are actually a number of people, who have valid driving license and
they drive occasionally. Therefore, they don’t purchase or lease any
vehicles. Usually these people use public transportation, or ride
bicycle or take walk to the destinations. But this never means that they
will never drive.
Sometimes,
they may need to borrow their friends’ cars for any occasion or rent
vehicles for pleasure or business. Or maybe they are thinking of getting
cars in future and also want to avoid terminating their vehicle
insurance coverage to remain constantly insured and receive some lower
premiums. But, the gaps in the vehicle insurance coverage may signal
that the person is a high risk driver and they have to pay higher
premiums to renew their coverage. So, in this case, getting non owners auto insurance quote is beneficial.
Cheap
non owner car insurance coverage is a kind of vehicle insurance, which
offers property damage and liability coverage to one while the person
drives even if he/she doesn’t own any vehicle. So, in case the driver
meets with accident with other driver and found to be at fault, the non
owner same day car insurance online policy will shield the person from
lawsuits like as the normal liability policy. On the basis of the place
or state where the driver lives, he may need to have the minimum limit
of coverage needed by the state to make the policy legal. As for the
price, this type of policy generally costs 5-15% less than a usual
policy purchased by people, who own their vehicles.
The
biggest difference between the personal auto policy and the non-owner
vehicle insurance policy is that the non-owners policy is a third party
coverage and it also offers both first and third party coverage. On the
other hand, non owner vehicle insurance offer coverage only for the
named insured. No other drivers can be listed on this policy. Besides,
this policy also doesn’t offer physical damage coverage to the policy
holder.
To get more information on car insurance quotes for new drivers, you can consider paying a visit to www.monthtomonthcarsinsurance.com.
