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Do I need continued coverage if I've sold my car?
I sold my car and tried to cancel my GEICO policy. The customer service agent told me that it was wise to keep "continued coverage" insurance. Do I really need this type of car insurance?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Also known as
non owners car insurance
, a continued coverage policy provides liability insurance to drivers who rent or borrow cars from time to time, but don’t own a vehicle of their own.If you don’t plan to buy another car, you probably won’t need it. However, if you occasionally want to rent a car or borrow a friend’s vehicle to run errands, it’s probably a good idea to have it.
Like with any other type of car insurance, you should shop for
car insurance quotes online
to find the best and most competitive rates for non owners coverage.”View full answer
- Gregory R.
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