If you no longer have a car, you might think you can cancel your insurance policy. That's not the case though. You might think you can save money by canceling your car insurance. But, you could end up spending more for your car insurance in the long run. Instead of canceling your car insurance, you should switch to a non-owner policy. That way, you don't end up spending more money later. If you still think you can do without car insurance right now, read the list provided below. Here are four reasons to switch to a non-owner policy for now. 

You Don't Want to Lose Coverage

When you live in the United States, you need to have insurance on the cars you own. The longer you have coverage, the better discounts you get. That means you save money on your car insurance. Not only that, but it shows proof to the DMV that you've maintained continuous insurance coverage for your cars. That way, when you do get another car, you won't need to start back at square one on the coverage requirement. 

You Rent Cars From Agencies

If you've been renting cars, you need to have auto insurance. If you don't have your own coverage, you need to add insurance to your rental contract. Unfortunately, rental coverage can get quite costly. That's where non-owner car insurance becomes beneficial. When you have non-owner car insurance, you get the protection you need when you rent cars. That means you won't need to pay exorbitant fees to the rental agency. 

You Plan to Buy Another Car

If you have plans to buy another car, don't let your insurance policy lapse. If you do, you'll need to find another insurance policy before you can buy your car. But, you'll also need to have insurance before you test drive any cars. This is especially true with regard to dealerships. Most dealerships need you to have car insurance before you can go on test drives. A non-owner insurance policy will let you do that. 

You Drive Family Cars

If you've been borrowing cars from family and friends, you need to have your own car insurance. Your friends and family might have coverage for other drivers. But, in the case of an accident, you don't want their premiums to go up. When you have a non-owner car insurance policy, you're covered. Plus, your friends and family have the protection they need as well.

For more information about car insurance, contact a local company.