The non-owners policyThe insurance industry understands that there are licensed drivers without a car to insure, but who still want car insurance coverage. For these individuals, there is non-owners car insurance coverage offered by some auto insurance providers.
Non-owners can be used as secondary liability coverage if you borrow a car while searching for your replacement vehicle or, depending upon the terms of your policy, may be primary liability coverage when renting a car. For details about a non-owner policy, see “ What is non-owners car insurance?”A non-owner policy is relatively cheap to obtain (typically $200 - $300 a year) because it can't be purchased or used when you own a car. If you obtain such a policy to cover you and your husband while you are without a vehicle, once you purchase your replacement vehicle you'd need to inform your car insurance company to transfer your policy to an owner's policy and give the insurer the details of the car so they could calculate your new rates. Since your agent brought up this issue about continual coverage, and you cannot keep coverage on a totaled out vehicle, you should contact your car insurance company to see if it offers a non-owner insurance policy. If it does not, then shop around for a carrier in your area that does offer a non-owner policy, such as Progressive. And you don't have to stick with the same insurance company that you get a non-owners policy with. While shopping for a new car, also shop around for how much car insurance will cost with various auto insurance providers so that you can get the cheapest car insurance rates possible for the new vehicle. (See “ Pocket $1,102 just by shopping around”)