Buying Car Insurance Coverage
If you own and operate a motor vehicle, you are absolutely required by law to have car insurance coverage. It's not negotiable. However, that said, there can be all manner of circumstances that could make it very advisable for you to have vehicle insurance, even if you don't own a car.
You Don't Own a Car
If you don't own a car, you may think that you don't need vehicle insurance. But if you're a licensed driver, you should still carry liability insurance. If you absolutely never drive, you might be able to get a pass on insurance, but think about this - what if you were out with a friend who suddenly became ill and couldn't drive home? Naturally, you'd want to take the wheel and take them home, or to the hospital, depending on the severity of the condition. If you should get into an accident along the way, you could be held liable for damage caused to another person or to their vehicle - there's no guarantee that your friend's auto insurance policy will cover occasional drivers.
If you don't own a vehicle, you could also stay covered by being added to the policy of a friend or a family member. This is called non-owner insurance, and it's cheaper than traditional insurance. It won't cover you for damage to vehicles, but you will have liability coverage.
Your Car is Leased
Just because you don't own the vehicle, that doesn't mean that you're not responsible for having it insured while you're leasing it. You not only need auto insurance, you need full coverage. A lease simply means that you're paying for the right to drive the vehicle. It doesn't mean that the dealer you're leasing from is responsible for insuring it - they're not. And if something happens to that vehicle when it's in your care, you're the one who is going to be liable, not the dealer.
Your Car is Out of Service
One would hope that your vehicle won't be broken down for long. You should definitely keep your vehicle insurance, because if you cancel it, you could end up paying a good deal more for a new policy because you've lapsed. For the sake of a few weeks (which usually amounts to little more than a few dollars), you should keep your existing car insurance coverage.
You're Between Vehicles
It's essentially the same if you're without a car for a brief period. You may be able to reduce your car insurance coverage, so that you're just paying the minimum, but you're better off doing this than you are canceling your auto insurance policy and then looking for a new one.
You Have a Medical Condition that Prevents You From Driving
Even if it looks like you won't be driving for quite a while, you should still consider keeping your auto insurance, especially if other people are going to be driving your car. You could also think about becoming listed on a policy held by a friend or family member - it's cheaper, and it means that you don't show a lapse in your car insurance coverage, which could result in higher rates when you're ready to begin driving again.
You're Deployed in the Military
If you're deployed overseas, obviously you're not required to have car insurance coverage when you're not at home and driving. However, if family members are driving your car, you still have to carry auto insurance. Letting your vehicle insurance lapse if you're the sole driver in this situation will not cause a rise in your rate when you return.
You Feel that You Can't Afford Car Insurance
Can you afford to pay to replace someone else's vehicle if you're found to be at fault in an accident, or to pay the other driver's medical bills? Rather than do without car insurance coverage, reduce it to the minimum required by your state, and shop around for the best rate. Keep in mind that it's against the law to drive without having vehicle insurance. Cancelling your insurance or not getting it in the first place, simply isn't a good idea.
By now you know that it's rare for a person to not need car insurance coverage. So make sure you're covered. Call one of our licensed agents to get a low rate quote for your car insurance coverage today!