Cheap Non-Owner Car Insurance In Illinois 2024

I understand the financial challenges that come with owning a car and getting insurance in this state. Many people here face the tough choice between car expenses and housing costs, so finding a budget-friendly solution is crucial.

As a result, more and more Illinois residents are turning to car-sharing or renting instead of shouldering the ongoing costs of car ownership. Non-owner car insurance is the smart answer, providing financial security and peace of mind.

With 15 years of experience as a licensed insurance agent and more than 30 years of buying car insurance, I have a deep understanding of the car insurance companies in question. While all of them have solid reputations, each offers unique advantages for helping Illinois residents.

Rates For The Cheapest Non Owner Car Insurance In Illinois

Rates For The Cheapest Non Owner Car Insurance With A Clean Driving Record

What Is Non-Owner Car Insurance?

If you’re often driving a car that isn’t yours—whether it’s a rental or borrowed from friends or family—consider checking out non-owner car insurance.

This type of insurance mainly deals with liability. If you end up in an accident with a car you don’t own, your policy can cover the medical and repair costs for the other party involved.

Some insurers might offer extra options, like protection against uninsured/underinsured motorists and personal injury coverage.

It’s important to keep in mind that non-owner insurance typically doesn’t include comprehensive or collision coverage. So, any damage to the vehicle you’re driving might not be covered.

For frequent renters or those who borrow vehicles, non-owner car insurance adds an extra layer of security on top of what you already have. In many cases, it can be more cost-effective than always going for the rental company’s insurance.

And having a non-owner policy helps you keep continuous insurance coverage, potentially avoiding coverage gaps.

What Is SR-22 Insurance?

SR-22 isn’t your typical insurance policy—it’s more of a paperwork dance, a necessary document for vehicle liability insurance that most state DMVs demand in high-risk insurance scenarios.

Your insurer takes the lead on this one, submitting the SR-22 form as your golden ticket. It’s like a certified nod that says, “Hey, this driver has the minimum required liability insurance coverage according to the state rules.”

It’s not your everyday car paperwork. This SR-22 business is mainly for those with suspended licenses—thanks to traffic violations, DUIs, or other heavyweight offenses. This form? It’s your badge of financial responsibility, a sign that you’ve got the right amount of auto liability insurance coverage.

Think of it as a commitment card to maintaining car insurance liability coverage, usually mandated by the state or court order, especially if you’re deemed a high-risk driver. Your insurance company sends this special form to the state, and if your policy takes a breather, they’re on the hook to tell the state about it.

Average Cost Of Non-Owner Car Insurance In Illinois – By Company

Navigating the realm of non-owner car insurance might seem like wading through a sea of options and rates. The crucial thing is to make a decision armed with information, understanding the financial impact of your choice.

To make things easier, we’ve put together a comparison chart that breaks down the average cost of non-owner car insurance from five leading providers.

How Much Is Non-Owner Car Insurance In Illinois By Age?

Much like full coverage car insurance rates, non-owner car insurance is priciest for teen drivers and gradually decreases each year until age 55.

Here are sample rates for non-owner car insurance in Illinois across 10 different age groups.

Average Cost Of Non-Owner Car Insurance In Illinois Cities

These are sample rates for five small cities in Illinois:

How Much Is Non-Owner Car Insurance In Illinois’s 10 Biggest Cities?

The size of a city plays a significant role in how insurers calculate car insurance rates. Residents in larger cities with more traffic tend to pay higher rates for car insurance.

How Non-Owner Insurance Rates In Illinois Compare To Other States

Interestingly, Illinois’s average annual rate for non-owner car insurance at $288 is lower than the national average of $353. Here are the non-owner rates for the 12 most populated states:

Should You Get Non-Owner Car Insurance In Illinois?

Non-owner car insurance caters to individuals who don’t own a car but occasionally find themselves behind the wheel, offering liability coverage for accidents involving rented or borrowed vehicles.

In Illinois, several groups could benefit from this type of insurance:

Frequent Renters And Borrowers

Opting for non-owner insurance makes sense if you frequently rent or borrow vehicles. While rental companies provide insurance, it can become expensive for regular users. Having your policy ensures your protection without impacting the owner’s premium, even if their insurance covers some accidents.

Public Transport Commuters With Occasional Driving Needs

For many Illinois residents relying on public transport or rideshares for daily commuting but occasionally driving, non-owner insurance offers financial protection when needed. Whether you live in an urban area with excellent public transportation or prefer biking and walking, having this insurance ensures coverage when you do hit the road.

Individuals Maintaining Continuous Coverage

Insurance companies view coverage gaps as high-risk, potentially leading to higher premiums when you decide to buy a car. If you’ve sold your vehicle and will be without one for a while, a non-owner policy keeps your coverage continuous, preserving your insurance history. This continuity can be advantageous when you eventually purchase a car and need regular insurance.

What Does Non-Owner Car Insurance Cover?

Non-owner car insurance is primarily designed for liability coverage, addressing costs related to bodily injury or property damage you may cause in an accident.

It’s crucial to understand that this type of insurance doesn’t cover damages to the vehicle you’re driving; that responsibility lies with the car owner’s insurance.

Some non-owner policies offer optional features like medical payments or personal injury protection (PIP), covering your medical expenses post-accident, regardless of fault.

You also have the option to include uninsured/underinsured motorist protection, providing a safety net in accidents involving drivers with insufficient insurance.

However, it’s important to note that non-owner car insurance excludes comprehensive or collision coverage. In simple terms, damages to the vehicle you’re driving—be it from theft, vandalism, natural disasters, or collisions—are typically not covered.