Is there an car insurance that you can have even if you don't own a car but always rent?

Question

Is there an car insurance that you can have even if you don't own a car but always rent?

Answer 1

As Grrrrrr.... said,

The rental agency provides it for an additional fee BUT!

eSurance and companies of that nature may cover rentables

Answer 2

For auto insurance the quick way to get a good rate is do a policy comparison on car policies. Make sure that you pick similar policies with the same limits, car make, zip code, etc so that all things are a good comparison.



What I usually recommend is an internet comparison quote at http://www.InsureAutoNow.info since they have lots of insurers and can give several prices on auto insurance polices.

Answer 3

I think if you go to an independant insurance agent, you should be able to get it.

I've had good results here...

http://insurance.123thebest.info/

Good Luck.

Answer 4

yes.  the insurance that the rental agencies provide.

Answer 5

In most states you would be able to purchase a "named nonowner" policy which will provide you with liability coverage for a vehicle you do not own and do not have regular access to.  This means it would cover you for a rental (but not long term, maybe a week at a time) but would not cover you for any vehicle available for your regular use.  You would not qualify for it if you have someone in your household (even a roommmate not related to you) that has a vehicle.  This policy would NOT provide comprehensive and collision coverage for the rental car.  You would have to purchase that from the rental car agency.

In most cases, a named nonowner policy would be about the same price as if you owned an older car that had liability coverage only.

It may be cheaper for you in the long run to find an older reliable car that you can pay cash for & have liability only coverage on.

Answer 6

By "rent" I presume you are referring to "occasional use" but not everyday as with a "leased" car. If my assumption is correct, then the answer to your question is no for "liability" coverage. This is because the insurance follows the "owner" not the driver. If you are renting, why would you want to pay for liability coverage anyway as the rental car company already has that coverage. As far as "comprehensive" coverage, that takes care of scenarios such as at-fault crashes, vehicle theft, a tree falls on it, it is vandalized, it burns up, has hail damage, flooded, etc. Usually, rental car companies do not provide that type coverage on their own cars. That's why they ask at the rental carrier if you want their "CDW" or Collision Damage Waiver coverage at about 10 dollars a day extra. If you decline that CDW and something happens to their car while you have it, the rental car company looks to you to pay them for the damage repair, loss of use (profit) while it is in the body shop, or replacement if it is declared a "total" loss. IF you are only occasionally renting, it is worth thinking about taking the CDW as you can just walk away if some misfortune happens to their car. Be aware that some credit card companies will take the financial hit for you if you rent using their card. But, read the credit card agreement carefully just to make sure! In conclusion, you need to weigh how many days per month you rent and evaluate how you might wish to insulate yourself from a financial hit (whether your credit card company would pay versus you paying the $10 or thereabouts per day for the rental company's CDW.) If you rent, say 15 days a month, that would be around $225 per month in CDW payments to the rental car company. That, in my opinion, would be a better choice than having to (all at once) come up with $15-20,000 to replace a rental car stolen from outside your motel room or home, as an example. Or some braindead driver hits your rental and either takes off or has no insurance let's say.

Answer 7

In NY it would be called non-owned auto coverage.  It gives you liability coverage only, you'd still have to get the physical damage coverage from the rental car company.