Your car insurance policy usually has a lot to do with what car you own but sometimes people who don’t even own a car might still get car insurance. Sounds made up, doesn’t it? Yet many people take out such a policy by choice because while they don’t own their own car they spend time driving other people’s cars. Some people may take out this policy if forced to by the court system after they’ve lost their license. If you don’t know what a non-owner auto insurance policy is, then read on.
Non-Owner Car Insurance In Dallas
If you sometimes drive a car that you don’t own, then you need to protect yourself with non-owner liability insurance. A company car, a car you drive while taking care of a relative, or simply a car you are borrowing from a friend or family member temporarily can qualify. The non-owner policy will cover an injured party if you happen to cause an accident while driving this borrowed car. It will cover both liability for bodily injury and property damage. You’ll need at least the minimum amount of liability required by state law.
It is important to note that this policy will not cover your own medical or property damage from that same accident. The policy will not cover damages to the car you are borrowing so you still carry risk. The hope is that the car owner will have their own property damage policy. You will not be able to access comprehensive or collision coverage (Full Coverage Insurance) on any car that you do not own yourself.
In Texas, You Can Use A Type Of Non-owner Policy After Loss Of License
Breaking driving laws can result in a loss of your driver’s license. In Dallas, TX, if you lose your license because of DUI or excessive tickets, there are steps you need to take to stay compliant and get your license back. You might have to file for SR22, a special type of non-owner auto policy that covers the gap in insurance. Even if you don’t own a vehicle, the court will demand this insurance policy is in place if you hope to get your driver’s license reinstated once your punitive phase is over.
Getting A Non-Owner Car Insurance Policy In Dallas
Auto Insurance companies don’t always offer non-owner policies. When you are able to find one, they can be pricey for high-risk drivers. If you are not a high-risk driver then rates for you will be significantly lower. The current average premium for non-owner insurance in Texas is $528 for the year. Insurance Companies that offer this policy are Progressive, Geico, Infinity, and Titan. Grab your driver’s license number and a credit or debit card to sign up. You will file the SR22 form only if you are required to take out this insurance by the courts. Unsure how to proceed? Talk to your trusted auto insurance broker for more details. They can help you find the best plan for whatever situation you find yourself in.
Here is a professional tip to getting lower auto insurance rates in Dallas. The key to lower your auto insurance quotes in Texas is to keep your insurance active for at least six months at a time. You’ll find discounts for a six month continuous non-owners policy to apply when you finally do own your own vehicle. Keep a clean driving record without tickets or accidents, pay all your bills on time to get a good credit score, and always take advantage of all available discounts offered by your insurance company.