Luckily in this guide we will go over three simple ways to insure a vehicle not in your name.

Can you have insurance on a car you don't own. Of course there are some terms that apply. In short yes though the process can be challenging. Until your financed car is completely paid off the car is owned by your lienholder and the lienholder determines what level of insurance coverage is needed.

Whereas it can cost as little as 30 for an entire year if its added on to your insurance policy. If youre renting a car it can be a lot cheaper than purchasing coverage from the rental company. Non-owner car insurance provides liability coverage for drivers who need car insurance without a car.

If you dont own the vehicle outright non-owner car insurance is one option. There are some situations in which its impossible to get insurance on a vehicle that you dont actually own. As every insurance provider is different some may grant insurance coverage if you dont have an ownership or partial ownership of a vehicle live with the primary owner or have any insurable interest in the vehicle.

In some circumstances yes you can insure a vehicle you dont own but its difficult to become the primary policyholder on a car thats not yours. Then once you do buy a new vehicle inform your insurer and switch over to. Find out more here.

You cannot register a car with a non-owner car insurance. While everyone who owns a vehicle cannot drive legally without car insurance some people question whether you can get insurance on a car not registered in your name. However you will not be covered if you drive a car that is not registered.

Does it cost more to get insurance for a car I dont own. If you dont own a car youll still need auto insurance if you want to drive while traveling for example or want to prevent your future rates from spiking due to a lapse in coverage. Typically physical damage coverage can cost around 30 per day if you buy it at the rental counter.