Automobile accidents can cause great financial and economic insecurity. Financial loss may include property damage, medical bills, and legal costs if a lawsuit arises. Anyone who owns a car should purchase auto insurance so that these important financial protections are provided. Most states either require the owner of a vehicle to purchase insurance or provide proof of financial responsibility. In addition, your auto lender may require you to purchase auto insurance to protect them against damage to a financed vehicle.
What about damage to your motorcycle? If you wreck your bike, your motorcycle insurance can help to repair or replace it so you can get back to riding again quickly.
Non owners car insurance is for people who do not have ownership of the cars that they drive.
A non owner insurance policy primarily focuses on providing liability protection or coverage in these situations. If an accident happens, the car owner's insurance policy covers the damages. The non owner insurance policy comes into picture only if the liability limit of the car owner's policy cannot cover the damages caused to the car. It does not take precedence over the car owner's policy. If the car owner's insurance cannot afford the entire cost of the damages caused due to the accident, then the non owner insurance policy takes care of the balance.
This is a comprehensive Accidental Death and Dismemberment policy. It is sold along with the auto or as a stand alone policy.
The product provides two benefit plans with each providing: