Most individuals erroneously believe because they don’t have a car that they don’t require auto insurance. Contrary to this belief, it is important to know that some form of insurance should cover anyone who wishes to drive at some point, even if it is not their vehicle. Needless to say, everyone who drives should be insured. In this post, Gregg S. Marcus, a Long Island Insurance Executive explains why it is so important to be insured, even if you don’t have a car.
Regardless of whether or not you own a vehicle, you should be covered in some way or another by an auto insurance policy, which meets the criteria of the specific state you live and drive in. Even though the car you borrow or rent may be covered by its own policy, the drivers must also hold their own personal insurance coverage. If you were to get into an accident for which you are liable you would have no financial liability without said insurance policy.
If you do not own a car and never drive then it is true that there is no need for you to purchase auto insurance. But if for some reason you are going to be at one point or another behind the wheel of a car, you must be insured. It is not just a legal concern to make sure that you are insured under your own policy, but it is vital in order to protect yourself from potential financial troubles. A non-owners policy usually just consists of coverage via liability protection. Comprehensive, collision, towing, and rental reimbursement are not usually covered in a policy such as this, which is why the insurance premium for non-vehicle owners is usually affordably low.
It is important to research your states requirements for auto insurance liability and figure out how you can meet those standards as a non-automobile owning individual. Policies for non-drivers are usually on the inexpensive side, though they will rise in price if you wish to have more coverage in the event of an auto accident. If you don’t own a car but drive often, it will more than likely be beneficial to purchase a non-owners car insurance policy. If you are a driver who doesn’t own a car in Nassau County or Suffolk County on Long Island in New York and are interested in an automotive insurance quote, contact Gregg S. Marcus today!
