Yes, you can absolutely buy driver's insurance without owning a car. This type of policy is known as Non-Owner Car Insurance. It provides liability coverage when you drive a vehicle you don't own, such as a rental car or a friend's car. It's designed for frequent renters, car-sharing service users (like Zipcar), or individuals who need to maintain continuous insurance coverage.
A non-owner policy primarily covers bodily injury liability and property damage liability. This means if you cause an accident, the policy pays for the other party's medical expenses and vehicle repairs up to your policy limits. It does not typically cover damage to the car you're driving (that would fall under the vehicle owner's insurance) or provide comprehensive/collision coverage for you.
This type of insurance is a smart financial move for several reasons. It prevents a coverage gap in your insurance history, which can lead to higher premiums when you eventually buy a car. It's also crucial if you need to file an SR-22 or FR-44 form with your state to prove financial responsibility after a serious violation like a DUI.
| Insurance Provider | Typical Annual Premium Range (for Non-Owner Policy) | Key Consideration |
|---|
| State Farm | $250 - $500 | Often recommended for those needing an SR-22 filing. |
| Geico | $200 - $450 | Competitive pricing, easy online quotes. |
| Progressive | $300 - $600 | Good for high-risk drivers. |
| Allstate | $280 - $550 | Offers flexibility with payment plans. |
| USAA | $200 - $400 | Available only to military members and their families. |
Before purchasing, check if you truly need it. If you rarely drive, relying on the owner's insurance or purchasing the rental company's coverage might be more cost-effective. Always compare quotes and understand the exact coverage details.
