Yes, Geico offers non-owner car insurance for people who do not have access to a household car. Geico non-owner car insurance is a good investment for drivers who frequently borrow or rent cars, or those who need to file an SR-22 or FR-44 with their state to prove they have insurance. A non-owner policy from Geico typically costs around $311 per year.
When to Consider Geico Non-Owner Car Insurance
You rent cars regularly.
You frequently use car-sharing services such as Zipcar.
You need to reinstate your license.
You need to file an SR-22/FR-44 form despite not owning a car.
You want to maintain continuous coverage to prevent future premium increases.
Yes, you can get car insurance without a car. You can buy non-owner car insurance which will provide your state minimum car insurance coverage as long as you have a valid driver's license, do not have a vehicle registered in your name, and do not have access to a household vehicle.… read full answer
Non-owner car insurance is liability-only coverage, which only covers damage that you cause to other drivers or their property. It does not provide coverage for you, your passengers or the car you are driving.
Requirements to Get Car Insurance Without A Car
Have a valid driver’s license
Do not own a vehicle in your name
Ensure that no one in your household owns a vehicle that you might have access to (sometimes required)
Your friends’ insurance policies might allow them to list other drivers for permissive use, which would cover accidents that occur while you’re borrowing their car. But any damages that go beyond the limits of their policy would be your financial responsibility. By obtaining non-owner insurance, you provide yourself with additional protection in such cases.
Non-owner car insurance policies vary in cost, but they’re typically cheaper than car insurance coverage for a vehicle you own. Your age, driving history, where you live and how often you drive all factor in to the rates you may be offered.
If you are interested in obtaining non-owner car insurance coverage, we recommend seeking quotes from several insurance companies before making a final decision.
The cheapest non-owner insurance is from Geico, State Farm, and Farmers. Non-owner insurance is for people who don’t own a car but rent or borrow one frequently. Although non-owner car insurance is usually cheaper than a standard policy, the cost can still vary widely based on location, driving record, and other risk factors.… read full answer
Non-owner policies fulfill the state’s mandatory minimum requirements for liability coverage, though some companies also allow drivers to purchase additional coverage. Drivers can purchase non-owner policies from the country’s 10 largest insurers or from many nonstandard insurance companies.
Not all of these companies operate in every state. Additionally, Progressive only offers non-owner insurance policies to existing customers. It’s also worth noting that if you are rejected by a major company like Geico or State Farm, the nonstandard insurers on this list might be willing to sell you a policy.
Since non-owner insurance is relatively uncommon, most insurance companies have customers call for a quote rather than getting an estimate online. But despite the extra time this requires, comparing multiple quotes will pay off in the long run by saving you money based on your specific location and driving history.
No, you do not need car insurance if you don't own a car and don't plan to drive, unless your state has required you to file an SR-22 or FR-44. If that is the case, then you can purchase non-owner insurance, which will give you at least the minimum amount of coverage required by your state.… read full answer
Even if you’re not required to carry non-owner car insurance, it’s a smart investment if you want the freedom to drive occasionally using rental cars, car sharing services, or borrowed vehicles. When you drive someone else’s car with their permission, you are generally covered by their insurance policy. But non-owner coverage allows you to choose your own policy limits, and it’s easier handle an insurance claim when you’re the insurer’s customer.
You should also consider purchasing non-owner car insurance if you are temporarily between cars and want to maintain continuous coverage with your insurer in order to avoid a lapse in coverage or receive customer loyalty discounts and benefits.
What Non-Owner Car Insurance Covers
Injuries to other drivers in accidents that you cause.
Property damage that you cause, excluding damage to the vehicle you’re driving.
Your medical bills after accidents, depending on your state.
Most major insurance companies offer non-owner car insurance, which usually costs between $200 and $500 per year. If you purchase a non-owner policy, you are required to carry at least your state’s minimum coverage amounts. But you can also purchase additional coverage that is not required.
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