The best cheap non-owner car insurance companies are GEICO, USAA, and Progressive, according to WalletHub’s analysis of 17 major insurers. These companies offer the cheapest rates for a minimum coverage policy, have good customer satisfaction ratings, and earned high scores from consumer watchdog groups.
Best Cheap Non-Owner Car Insurance
What Is Non-Owner Car Insurance?
Non-owner car insurance is coverage for drivers who don’t own a car but drive regularly using rental cars, borrowed vehicles, or car sharing services. The coverage provides the state’s required liability insurance to cover injuries and property damage a driver causes in an at-fault accident. It does not provide insurance to cover damage to the driver’s vehicle.
Since non-owner car insurance typically provides the minimum insurance required in a state and drivers are less likely to file a claim when they don’t own a car, non-owner car insurance is cheaper than traditional car insurance, costing about $200-$500 per year.
Many companies offer non-owner car insurance policies, and to help you find a policy that meets your needs, WalletHub has compiled the following list of the best cheap non-owner car insurance providers.
Companies with the Best Cheap Non-Owner Car Insurance
GEICO
Average Policy Cost: $462 per year
WalletHub Editor Rating: 4.4
J.D. Power Rating: 3.2
AM Best Rating: A++
GEICO is the cheapest car insurance provider for minimum coverage, so it’s a good choice for someone looking for a non-owner car insurance policy. It’s also a good option for someone with an SR-22 requirement since the company has the lowest SR-22 insurance rates. Plus, GEICO offers 23 possible discounts for car insurance policyholders, including good-driver, muti-policy, and driver affiliation discounts.
The company received a 3.2/5 rating from J.D. Power for customer satisfaction and an A+ from the BBB. GEICO also got a rating of A++ from AM Best for financial strength. Only 5% of property and casualty insurance companies earn this rating.
USAA
Average Policy Cost: $487 per year
WalletHub Editor Rating: 3.5
J.D. Power Rating: 3.7
AM Best Rating: A++
USAA is a good option for veterans, members of the military and their families. Not only does USAA provide affordable non-owner car insurance policies, but the company gets high marks for its claims process, earning a score of 4.5/5 from J.D. Power’s claims satisfaction study. The company also received an A++ from AM Best for its financial strength and ability to pay out claims.
Progressive
Average Policy Cost: $549 per year
WalletHub Editor Rating: 3.9
J.D. Power Rating: 3.1
AM Best Rating: A+
With Progressive’s discounts for things like getting a quote online, going paperless, and setting up automatic payments, it’s easy for non-owner car insurance policyholders to get coverage for a low price. Progressive boasts that 99% of their auto insurance customers earn at least one discount.
The company has steadily increased its market share in the car insurance industry since 2008, securing its spot as the second-largest private auto insurer in the U.S. in 2022. In addition, Progressive earned a 3.1/5 rating from J.D. Power’s latest customer satisfaction study.
State Farm
Average Policy Cost: $718 per year
WalletHub Editor Rating: 4.1
J.D. Power Rating: 3.3
AM Best Rating: A++
Along with standard non-owner car insurance, State Farm offers a unique type of non-owner policy called personal mobility insurance, which provides collision, comprehensive, and uninsured motorist property damage coverage along with liability insurance. The added coverage can help you avoid paying for damage to borrowed or rented vehicles. The personal mobility insurance policy is not available in all states, though.
Both types of State Farm non-owner insurance policies cover you while you’re using rideshares, bikeshares, carshares, rental cars, borrowed vehicles, and even public transportation. The policies also cover you as a pedestrian or when you’re a passenger in someone else’s car.
In addition, State Farm has 16 discounts, including a discount for bundling your home or renters policy with your auto insurance. You can also get a discount if you go at least three years without any at-fault accidents or moving violations.
State Farm is the largest car insurance provider in the country, writing nearly 17% of private auto insurance policies. The company also has a high customer satisfaction rating from J.D. Power, and it earned an A++ from AM Best for its ability to pay out claims.
Travelers
Average Policy Cost: $639 per year
WalletHub Editor Rating: 4.2
J.D. Power Rating: 3.1
AM Best Rating: A++
Non-owner car insurance policyholders from Travelers can get a discount when they also get a home insurance policy from Travelers. Travelers also offers a safe driver discount, an affinity discount, and a discount for consistently paying on time. The company has an N/R rating from the BBB and earned a good customer satisfaction rating from J.D. Power, scoring 3.1/5.
How to Get Non-Owner Car Insurance
To get a non-owner car insurance policy, you need a driver’s license but you can’t own a vehicle or live with anybody who owns a car. Most insurance companies do not offer quotes for their non-owner car insurance policies online. You will usually need to call the company and speak with an agent to get a quote.
- GEICO: 800-207-7847
- USAA: 800-531-8722
- Progressive: 888-671-4405
- Mercury: 800-503-3724
- Travelers: 800-842-5075
- State Farm: 800-782-8332
- Nationwide: 877-669-6877
Tips for Picking the Best Non-Owner Car Insurance Company
- Compare quotes. Get quotes from at least three different insurance companies that offer non-owner car insurance policies. Then compare each company’s rates along with the coverage types and limits offered in their non-owner policies to find the company that offers you the most coverage for the lowest price.
- Read customer reviews about the companies you’re considering. Research each company’s reputation by reading reviews online from customers. You can also look at their ratings from consumer watchdog groups like the Better Business Bureau and AM Best.
- Look for discounts. Insurance companies may offer discounts for things like setting up automatic payments, bundling policies, and paying in full up front. Asking the insurance company what discounts they have can help you save money on your policy.
Learn more by checking out WalletHub’s tips for finding the best car insurance company.
Methodology
The best cheap non-owner car insurance companies were determined using each company’s average annual premium for minimum coverage, WalletHub editor rating, and user rating on WalletHub.
Premiums reflect coverage for a 45-year-old single man in California who drives 15,000 miles annually and has a clean driving record plus good credit. Premiums are for the following coverage limits:
- $15,000 in bodily injury liability coverage per person
- $30,000 in bodily injury liability coverage per accident
- $5,000 in property damage liability coverage
WalletHub experts are widely quoted. Contact our media team to schedule an interview.