“What is a non owner policy?” It may seem strange to purchase an insurance policy to drive a vehicle if you don’t own a vehicle , but it’s actually a smart thing to do. Even if you don’t own a car, truck or motorcycle you may sometimes borrow one owned by someone else, and you can be held liable if you cause an accident while driving it. A non owner policy provides secondary liability coverage if you’re in an at-fault accident that injures or causes property damage to the other party involved.
What does a non owner policy cover?
When you purchase an SR22 non owner insurance or FR44 non owner insurance policy, there are limitations. A non owner policy covers you when you operate any vehicle that you do not own (a vehicle that is owned and insured by someone else). It offers liability coverage only, for bodily injury and property damage to the other party in an accident in which you are at fault. Non owner insurance protects you against liability claims that the other party involved files. But it does not cover damages to the vehicle you were driving, or injury to you or to passengers in the vehicle you were driving. Comprehensive and collision coverage (repairs to the vehicle you are driving) are not included in a non owner policy.
A non owner SR22 policy is considered secondary insurance. The owner of any vehicle you drive must be covered by their own insurance, which is the primary insurance. For example, if you borrow your neighbor’s car and cause an accident, your neighbor’s auto insurance would cover damages up to the limits of their policy, then your non owner policy would provide coverage beyond those limits, if necessary.
A non owner policy does not cover the following vehicles or individuals:
- A vehicle that is registered to you
- Vehicles in your household
- Vehicles provided for your regular or frequent use
- Work related vehicles owned by your employer
- Members of your household
Non owner insurance applies only to you – the person listed on the declaration page. Additional drivers cannot be added to a non owner policy.
In addition to non owner SR22 insurance, the states of Florida and Virginia also offer non owner FR44 insurance specifically for alcohol and drug related violations. One benefit of purchasing a non owner policy is that many auto insurance companies offer a large discount to people who remain insured continuously – without a lapse in coverage. Even if you do not currently own a vehicle, if you expect to purchase one in the near future, a non owner insurance policy provides ongoing, continuous coverage to help keep your premiums low when you’re ready to purchase insurance for your own vehicle.
If you acquire a vehicle after purchasing a non owner policy, it is important that you add the new vehicle to the policy immediately, along with payment of an additional premium (if applicable) to switch to an owner SR22 policy. Failure to do this will result in denial of coverage if you should have an accident in that vehicle.
When you need non owner SR22 or non owner FR44 insurance coverage, call UltraCar Insurance for a quick SR22 or FR44 non owner policy quote from one of our experienced agents.