Non Owners For A New Car

Reader’s Question:

I planning to purchase my first car. What kind of insurance can I have for rentals cars or test drives?

Mike

Great Falls, MT

 

Without having an actual vehicle to insure or insurable interest in a car (by having your name on a title or lease) there are limited options for you with regards to car insurance. A non-owners policy is one option since it is for drivers that do not yet own a car to insure.

If you plan on renting cars on a daily basis, a non-owners policy might be more cost effective than relying on the insurance sold at rental companies. But, collision and comprehensive coverage are not usually available for this type of policy so it is likely that you would still need to buy this extra coverage from the rental company.

As for insurance to test drive cars, you may ask if a non-owners policy plus any insurance a dealership has on its cars would be enough to let you go on a test drive.