A non-owned auto policy is an insurance policy that provides liability coverage for individuals who do not own a vehicle but may occasionally drive a car that is not owned by them. This can be useful for individuals who frequently rent or borrow vehicles from friends or family members.
Non-owned auto policies typically provide liability coverage for bodily injury and property damage that may occur while driving a non-owned vehicle. This coverage may also extend to legal fees and other expenses associated with a lawsuit resulting from an accident.
Non-owned auto policies may be useful in Winona, MN in a variety of situations, including:
• Renting a car: The rental company typically offers insurance coverage for an additional fee. However, this coverage may be expensive and may not provide adequate protection. A non-owned auto policy can provide additional liability coverage for a more affordable price.
• Borrowing a car: When borrowing a car from a friend or family member, the owner’s auto insurance policy may provide coverage for any accidents that occur. However, if the damages exceed the owner’s policy limits, a non-owned auto policy can provide additional protection.
• Using a ride-sharing service: If you drive for a ride-sharing service like Uber or Lyft, you may be covered by the company’s insurance policy while you are on the job. However, this coverage may not apply when you are driving your own vehicle or when you are not actively working for the ride-sharing service.