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Car insurance is required by all who own a car in almost every state. There is another type of insurance you might want to acquire and that is the non owners insurance. This type of insurance would work well for those who don’t own a car but plan to drive someone else’s car on a regular basis. If you need an SR-22 or if you plan to use a lot of rentals, then this would be a good policy to have in order to protect yourself.

Key Takeaways:

  • It is required by almost every state to have car insurance on your vehicle.
  • Even if you don’t have a car, non owners insurance will help you in the event that you drive someone else’s car.
  • Needing an SR-22 is one reason to get non owners insurance, but another would be if you frequently rent or borrow cars.

“But it’s also possible—and sometimes smart—to buy a policy even if you don’t own a car.”

Read more: https://www.investopedia.com/non-owner-car-insurance-who-needs-it-5071417

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