A person with named non-owner coverage also should buy a collision damage waiver from the rental car company to protect the rented car. Regular borrowing of cars from friends or relatives. An employer might require employees to buy liability insurance providing coverage when they drive company cars. Or an employee might want more protection than the employer provides. However, the standard Texas personal auto policy does not cover accidents in a non-owned auto furnished or available for the regular use of the policyholder and his or her family members.
Insurance companies don t have to sell named non-owner coverage.
It is most commonly sold by county mutual insurers, whose rates are unregulated. Named non-owner coverage does not include collision or comprehensive insurance. These coverages pay for fixing or replacing the policyholder s own car if it is damaged or stolen. This means if you have an accident, the vehicle owner s liability insurance pays first, up to the limits of his or her policy. Excluding your child from your policy and buying a non-owner policy usually is a bad idea.