Understanding Non-Owners Insurance in NC

As a driver in North Carolina, you know how important it is to have car insurance. However, if you don’t own a car, you may think that you don’t need insurance. This is not necessarily true. Non-owners insurance is a type of coverage that can offer protection for drivers who do not own a vehicle. In this article, we will explore the ins and outs of non-owners insurance in North Carolina.

What is Non-Owners Insurance?

Non-owners insurance is an auto insurance policy that provides liability coverage for drivers who do not own a vehicle. This type of coverage is designed to protect you in the event that you are found at fault in an accident while driving someone else’s vehicle. Non-owners insurance can also protect you if you are driving a rental car or a friend’s car.

In North Carolina, non-owners insurance policies typically provide the following types of coverage:

Who Needs Non-Owners Insurance?

If you frequently borrow or rent cars, you may want to consider purchasing non-owners insurance. This type of coverage can also be beneficial if you occasionally drive a friend or family member’s car. Non-owners insurance can help protect you from large out-of-pocket expenses if you are found at fault in an accident while driving someone else’s car.

How Much Does Non-Owners Insurance Cost?

The cost of non-owners insurance in NC will vary depending on a variety of factors, including your driving history, age, and gender. On average, you can expect to pay between $200 and $500 per year for this type of coverage.

FAQ About Non-Owners Insurance in NC

What Does Non-Owners Insurance Cover?

Non-owners insurance typically provides liability coverage for bodily injury and property damage. This means that if you are found at fault in an accident while driving someone else’s car, your non-owners insurance policy will cover the cost of damages or injuries to others.

Does Non-Owners Insurance Cover Rental Cars?

Yes, non-owners insurance can provide coverage for rental cars. However, you may need to purchase additional coverage from the rental car company to ensure that you are fully protected.

Do I Need Non-Owners Insurance if I Don’t Own a Car?

If you frequently borrow or rent cars, you may want to consider purchasing non-owners insurance. This type of coverage can help protect you from large out-of-pocket expenses if you are found at fault in an accident while driving someone else’s car.

What Does Non-Owners Insurance Not Cover?

Non-owners insurance does not provide coverage for damage to the vehicle you are driving. This means that you may be responsible for paying for any damage that occurs to the car you are borrowing or renting. Additionally, non-owners insurance does not typically provide coverage for medical expenses or lost wages in the event of an accident.

How Do I Purchase Non-Owners Insurance?

You can purchase non-owners insurance from most insurance providers in NC. It is important to shop around and compare quotes from multiple providers to ensure that you are getting the best coverage at the best price.

Conclusion

Non-owners insurance can be a valuable type of coverage for drivers who do not own a vehicle. This type of policy can offer protection if you are found at fault in an accident while driving someone else’s car. If you frequently borrow or rent cars, it may be worth considering purchasing non-owners insurance to help protect yourself from large out-of-pocket expenses.