Can You Rent a Car Without Owning Car Insurance?
Can you rent a vehicle without owning car insurance? Yes, you can! In most states, a rental car company automatically insures their cars. However, many offer additional insurance for renters, which you can also purchase. This way, you’ll be protected if you get into an accident while driving in their vehicle. Then again, you can also rent a car without insurance if you have your own car insurance.
Non-owner car insurance protects you when you don’t own a vehicle, even if you only drive it occasionally. It provides liability coverage up to your policy limit, which protects you in the event of an accident. While your car insurance coverage is limited, non-owner car insurance is often more affordable than rental agency rates. And if you frequently rent cars, this may be the best option for you!
If you don’t have car insurance, you can always purchase non-owner car insurance. These policies cover you for bodily injury and property damage if you cause an accident or damage to another person. However, non-owner car insurance doesn’t cover the cost of repairing or replacing the rental car. If you want to rent a car with a limited amount of coverage, you can opt to purchase collision and damage waiver insurance.
Luckily, if you’re under 25 years old, you can rent a car without owning car insurance. However, most rental car companies only require you to provide a minimum level of liability insurance. Third-party coverage is usually only ten to twenty-five thousand dollars, but medical costs can easily exceed this amount. Make sure that you have supplemental coverage, like car insurance, if you plan on renting a vehicle.