Non Owners Insurance Policy

Reader’s Question:

How much does it cost for car insurance for a new driver without a car?

Millie

The cost of a non-owners insurance policy will be different according to rating factors just an owner’s policy may nevertheless non-owner’s car insurance usually costs much less because you don’t have a car to insure nor will you be operating typically regularly because you don’t have an automobile available to use any time you want.

The premium amount for a non-owner’s vehicle insurance plan depends on state laws and least car insurance requirements, your driving history, age of motorist, their driving experience, should they have a requirement for a financial responsibility filing (SR-22 or FR-44) along with other typical rating variables.

Generally a non-owners policy for a motorist more than the age twenty five without any infractions costs between $200 and $700 annually, according to the state and insurance provider. A non-owners policy basically is the price of Property Damage Liability and Bodily Injury Liability in addition any Uninsured Motorist requirements in case your specific state demands this insurance coverage.