Do I Need Car Insurance If I Don T Drive My Car
In some cases it might be best to pay for non owner car insurance for the months you don t own a car.
Do i need car insurance if i don t drive my car. This is the easiest and toughest one to answer. If you ve bought a car and just want to get it in your name you don t need it says ontario s ministry of. Do i need car insurance if i don t drive my car. Read on to learn more about the answer to do you need car insurance if you don t drive.
Do i need it if i cannot afford car insurance. Meanwhile insurance companies occasionally let drivers insure cars they don t own. Relying upon another person s insurance coverage might not be a good idea. For example let s say your brother is going to drive your car while you re away.
Most insurers will work with you if you communicate your situation but you can be penalized with higher than normal monthly payments after returning from a lapse in coverage because you can be seen as high risk explains lacy. But if you re not planning to drive it home you re fine without insurance. And you don t need car insurance to rent a car. Then once you do buy a new vehicle inform your insurer and switch over to regular coverage.
You are taking a chance of having insufficient insurance coverage and the potential for personal liability. You will not know. It s against the law to drive a car without insurance. It can be challenging to manage the high cost of car insurance premiums but it s essential to make car insurance one of your highest priority bills.
If you don t drive your car you might think that you can eliminate car insurance. As we mentioned above if you have a license but don t own a car and borrow one only occasionally you probably don t need car insurance. However there are situations when it s legal for your vehicle to be uninsured. You do not need insurance to drive someone else s car but there are risks inherent in operating that car.
However in most instances driving without insurance is illegal as you are still required to have a policy. It might be cheaper to keep minimum liability coverage on your car or opting for comprehensive only insurance. If they sell it you can claim money back from the sale. If you don t the police can dispose of your car 14 days later.