I live in the city and rely on public transportation, but I occasionally borrow or rent a car for trips to the city. Should I have an auto insurance policy?
With the rising cost of fuel, insurance, and automobiles, more and more urban Americans are choosing to use public transportation for day-to-day travel. But when it's time to flee the city, you probably find that a car is the easiest way to get where you want to go. If you drive at all, it's a good idea to have an automobile insurance policy – even if you don't own a car.
Many insurance companies offer a "nonowners policy" for people who drive occasionally but don't own their own car. Nonowners policies typically include liability, medical payments, and uninsured/underinsured motorist coverages. Non-owners policies do not include comprehensive, collision, towing reimbursement, or rental reimbursement coverage.
