Yes, Progressive offers non-owner car insurance for people who do not have access to a household car. Progressive 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 Progressive typically costs around $576 per year.
When to Consider Progressive 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.
The best ways to lower your car insurance after an accident are to reduce the amount of coverage that you pay for and compare quotes from multiple insurers. You can also take a defensive driving course and search for additional discounts from your current insurance provider. On average, an at-fault accident … read full answerraises premiums by about 48%, and the increased cost lasts 3-5 years.
How to Lower Car Insurance After an Accident
1. Shop around for quotes from other insurers
Every insurer uses its own methods to calculate insurance premiums, so the rate that you have with your current provider might not be the best deal. In general, it’s a good idea to compare quotes from at least three different insurance companies every 6-12 months.
2. Consider reducing your coverage
You should never drive without insurance, and you should always buy as much coverage as you can afford. But if an accident raises your rates to a point where you simply cannot afford insurance beyond what’s required, you can consider removing certain types of coverage from your policy or lowering your limits. Just make sure that you’re still carrying at least the minimum amount of car insurance coverage required by state law.
3. Go to traffic school
Most major insurers offer a discount if you take an approved defensive driving course. Additionally, if the accident occurred while you were committing a moving violation, you may be able to remove the ticket or points from your record by taking the course.
4. Check for discounts with your insurer
Most major insurers offer a variety of discounts that drivers can get even if they’ve recently been in an accident. Bundling policies, setting up auto-pay, and going paperless are all easy ways to earn a discount on car insurance. If you want to know what other discounts you may qualify for, you should call your insurer directly.
5. Practice safe driving habits
The best way to lower your rate long-term is to avoid getting into any more accidents. Even if you have one at-fault accident on your record, your rate will eventually go back down if you don’t get any other infractions for 3-5 years. And if you drive safely for a long period of time, you may qualify for an additional good driver discount from your insurer.
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.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.