Non Owners Insurance Policy Cost
Reader’s Question:
An employee in our company does not own a car but sometimes drives the company car. Can he get a non-owners insurance policy? How much would that cost?
Megan
Detroit MI
Yes he can. It’s actually a good idea to get a non-owners insurance policy for anyone who doesn’t own a car and can drive. At one point or another you have borrowed someone else’s car so you need to be sure that you are covered. There is a non-owner insurance available that gives a motorist, who does not own a car, liability protection when they are at fault in an accident or causing damage to a property, thing or even a person while driving a car that is not yours. Usually this kind of policy includes injuries and damage to properties liability. Medical payments maybe included as well depending on the insurance company. A lot of non-owner policies do not include collision or towing reimbursement because you will need a specific car to put the coverage on.
The price of non-owners insurance policy depends on the insurance company. It will also depend on the coverage of your policy. They will take a look at your record as well, if you’re a high risk or low risk. You may want to ask around so you can compare prices and choose the best non-owner insurance policy that suites you. People trying to get information especially regarding the risk program usually receive a reply right away. In case you don’t get a reply regarding these things, you may file a complaint with the state board of insurances. All of us are entitled to get coverage. It doesn’t matter if you’re an owner or a non-owner.
If you are about 24 years old and do not have any violations, a non-owners insurance policy may cost about $200-$700 per year. This amount is also affected by the requirements of the state on what the minimum coverage may be and the rating guidelines of the insurance company. This kind of policy is cheaper because you are at low risk, not having your own vehicle to drive whenever you need to.
Car Insurance Discounts For Single Parents
Reader’s Question:
I have avery low income and I am trying to save on all my expenses. Is there any discount available for single parent like me?
Amanda
Detroit MI
For many single parents who are trying to keep up with their daily living, basic necessities such as car insurance can be costly. However, if they are aware of the discounts available to them and the steps they can undertake to lower their car insurance premiums, they can manage lessening their expenses.
The first thing to consider is the type of vehicle a single parent drives as car insurance costs differ greatly among models. When safety features are given, insurance companies offer discount to single parent. Thus, prior to purchasing a car, one should note what the discounts are for different features such as side airbags and anti-theft devices. Single parents should also ensure that all of the information on their policy is valid.
What Affects Auto Insurance Cost
Reader’s Question:
What affects my auto insurance cost?
Maia
Las Vegas NV
One is the driver which can be you – the policyholder or the would-be policyholder. Your personal factors can affect your auto insurance cost such as age, gender, credit history, driving record etc.
The second main factor that can affect your auto insurance cost is your car. If you are going to get comprehensive and collision coverage, your type of car can greatly affect your insurance cost. Having expensive high-end car means it is expensive to repair and it will cost a lot to be replaced. As such, this kind of car can give you a high premium compared to modest sedan or minivan type of cars.
Cars that often show up in the crime bureau’s list of top types of cars being stolen are expensive to insure too. It is because car insurance company puts a premium to its being high risk for theft.
The third main factor that can affect your auto insurance cost is the coverage you want to include in your policy. If you want a low insurance cost, then just buy the basic minimum coverage required by your state’s law – which are bodily injury and property damage liabilities coverage. These 2 required coverage will answer the injuries and damages you and your car cause to innocent third parties.
Of course there is always trade off in getting a cheaper insurance, which is it might not be able to cover the overall cost in case you hit a person or another car. Basic required insurance coverage does not cover the expenses incur from mishaps to which you are at fault of. As such, you might need to shell off from your own pocket. If you want to avoid this, then you need to increase your coverage and get other types of coverage – like collision and comprehensive coverage.
Car Insurance Rate After Several Accidents
Reader’s Question:
I already had four accidents in my driving record. I was just wondering if it is possible for me to get car insurance.
Allison
Los Angeles CA
Your car insurance provider may decide not to renew your car insurance policy if have a bad driving record (having 4 accidents in your driving 
record) or you have several tickets.
Various car insurance carriers have different rules and guidelines when it comes to what define an unacceptable driving record. I suggest that you speak with your current car insurance company about it.
Drunk driving accidents generally trigger non renewal of car insurance policy to most car insurance providers.
There are still insurance company out there that will insure you. These insurance companies specializes with high risk drivers however expect the premium to be higher.
Get your car insurance quote here now to see how much your car insurance cost will be after four accidents in your driving record.
