Non-owner car insurance covers people who drive but don’t own a car. This type of insurance provides liability coverage, which means it will cover any damages or injuries that you may cause to others while driving someone else’s vehicle. It’s important as it offers peace of mind and financial protection, saving you from potential out-of-pocket expenses from accidental liabilities.
Non-owner car insurance is usually more affordable than regular car insurance, as it doesn’t cover your own vehicle. The premium varies based on your driving record, age and location.
- Non-owner car insurance costs an average of $25 a month in Vermont for the coverage limit of 25/50/10.
- The non-owner car insurance rate is $296 per year—lower than liability-only coverage of $324 for Vermont drivers.
- Co-operative Insurance Companies offers the cheapest non-owner car insurance rates in Vermont at an average cost of $10 per month.
Do I need non-owner car insurance in Vermont?
Non-owner car insurance in Vermont is essential for those who often rent or borrow vehicles. It offers liability coverage in the event that you cause an accident while driving a car you rented or borrowed, helping protect you from costly out-of-pocket expenses. Additionally, it can act as supplementary coverage alongside the car owner’s existing insurance.
Non-owner car insurance is ideal for those who occasionally rent or borrow cars for personal or business purposes. Rather than opting for the expensive insurance offered by rental companies, you can get non-owner car insurance that offers similar coverage at a more affordable price.
Non-owner insurance can be beneficial for maintaining continuous coverage when you’re between cars, helping to keep your insurance rates lower in the future. It provides liability protection if you’re at fault in an accident, though it doesn’t cover the car you drive.
Average non-owner car insurance cost in Vermont
Vermont drivers can expect to pay an average of $25 per month or $296 annually for non-owner car insurance with a coverage limit of 25/50/10.
This rate can vary depending on factors such as your driving history, age, location and the insurance company.
Cheapest non-owner car insurance companies in Vermont
According to CarInsurance.com’s analysis, Co-operative Insurance Companies offers the lowest non-owner car insurance rates in Vermont, with an average cost of $10 per month. Vermont Mutual and Progressive also provide affordable non-owner insurance premiums.
Non-owner auto insurance rates can differ depending on your driving history, ZIP code and coverage requirements. You should compare quotes from multiple insurers to find the best rate for your needs.
Below is a table showing the cheapest companies for non-owner car insurance in Vermont.
| Company | Annual full coverage rates | Monthly full coverage rates |
|---|---|---|
| Co-operative Insurance Companies | $121 | $10 |
| Vermont Mutual | $123 | $10 |
| Progressive | $318 | $27 |
| State Farm | $329 | $27 |
| Nationwide | $377 | $31 |
| Geico | $460 | $38 |
| Farmers | $557 | $46 |
| USAA* | $82 | $7 |
Note: *USAA is only available to military community members and their families.
Non-owner car insurance in Vermont, by age and gender
In Vermont, non-owner car insurance rates differ based on age and gender. For example, if you add a male teen driver to your car insurance, you’ll pay an average of $554 a month for insurance, whereas adding a 16-year-old female would cost you around $510 monthly.
Young drivers, both male and female, typically pay higher insurance rates. Inexperienced drivers are more likely to be involved in accidents, which increases the risk for insurance companies. As drivers age, they gain more experience behind the wheel and thus pay lower rates compared to teen drivers in Vermont.
See how much you’ll pay for non-owner car insurance by age and gender in the table below.
| Driver age | Male | Female |
|---|---|---|
| Teens (16-19) | $537 | $498 |
| Young Adults (20-24) | $378 | $378 |
| Adults (25-60) | $293 | $296 |
| Seniors (65-75) | $291 | $297 |
Compare non-owner car insurance rates in neighboring states
Non-owner auto insurance in the biggest Vermont cities
Non-owner auto insurance cost in St. Albans is $24 a month or $289 a year, whereas drivers in Newport pay $24 a month for the same coverage.
Insurance rates vary by city in Vermont. Car insurance companies consider the rate of accidents, theft, and vandalism in a particular area when determining the premiums for non-owner car insurance.
The cost of living also determines the premiums. In areas with higher costs of living in Vermont, you can expect to pay more for non-owner insurance.
See the table below for the cost of non-owner car insurance in your city.
| City | Annual full coverage rates | Monthly full coverage rates |
|---|---|---|
| St. Albans | $289 | $24 |
| Newport | $290 | $24 |
| Bellows Falls | $297 | $25 |
| Barre | $299 | $25 |
| Montpelier | $300 | $25 |
| Rutland | $316 | $26 |
| Essex Junction | $316 | $26 |
| South Burlington | $351 | $29 |
| Burlington | $353 | $29 |
| Winooski | $353 | $29 |
Affordable non-owner insurance in Vermont, by ZIP code
In Vermont, a 40-year-old driver living in ZIP code 5450 pays $288 a year or $24 per month for non-owner insurance, while the coverage costs $288 a year or $24 per month for a driver in ZIP code 5441 with a clean driving record.
When should you consider buying non-owner car insurance in Vermont?
Non-owner car insurance provides coverage for drivers who don’t own a car but still need insurance while driving someone else’s vehicle. This insurance primarily covers liability, helping you pay for any damages or injuries you may cause to others in the event of an accident.
In addition to covering accidents, non-owner car insurance can help fill in gaps, offering extra protection on top of the car owner’s existing policy. It gives the car owner peace of mind, knowing their insurance rates won’t increase because of an accident caused by someone else.
For example, if you are driving a friend’s car and they only have minimum liability coverage, your non-owner insurance can help cover any additional expenses if the accident exceeds their policy limits.
Maintaining continuous coverage is essential to help keep your insurance rates low in the future. Non-owner car insurance is an excellent option if you don’t own a car. Insurance companies may view lapses in coverage as risky, which can lead to higher premiums.
Having non-owner car insurance during these gaps demonstrates your commitment to continuous coverage, which can help you maintain lower rates moving forward.
Final thoughts on non-owner car insurance in Vermont
Non-owner car insurance is a good option in Vermont to get auto insurance liability coverage if you rent or borrow vehicles occasionally, use a car-sharing service or need to file an SR-22 form.
Non-owner car insurance provides valuable liability protection for individuals who regularly rent or borrow cars while behind the wheel. It can also work alongside the car owner’s coverage to offer additional protection.
It is also beneficial for maintaining continuous insurance coverage, which can help keep your rates low in the future. Consider a non-owner car insurance policy if you frequently use vehicles that do not belong to you, and get quotes from three different companies to ensure you’re getting the best rate.
Resources & Methodology
Methodology
CarInsurance.com gathered data on non-owner car insurance rates from Quadrant Information Services. The rates are for non-owner state minimum liability only and the coverage limit varies by state.
To determine non-owner car insurance rates for different companies, CarInsurance.com used a sample profile of a 40-year-old male and female driver who owns a Honda Accord LX with no traffic violations on his record. We compared 53,409,632 insurance quotes across 34,588 ZIP codes from 170 insurance companies in the U.S.
Insurance company: Based on the analysis, we have created lists of the companies that offer non-owner insurance.
Age group: Non-owner car insurance rates are calculated by evaluating the sample profile for different age groups.
- Teens: Age 16-19
- Young adults: Age 20-24
- Adult drivers: Age 25-60
- Senior drivers: Age 65-75
To get non-owner car insurance rates for different cities and age groups we have compared 53,409,632 car insurance quotes across 34,588 ZIP codes from 75 company groups nationwide. These are sample rates and should only be used for comparison purposes.
These are sample rates and should only be used for comparison purposes.
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