Should I buy non-owner car insurance if I move abroad for a year?

I currently have a lease on a car, but I'm returning it to the dealership as I'm moving abroad for a year. I heard that my car insurance will technically "lapse" as I won't have a car. Should I buy non-owner car insurance to cover the "lapse" period and maintain decent rates when I return?

Answer
“If you’re turning your leased car back in and canceling your existing insurance, you’re correct. Your insurance will lapse.
You present a valid point by questioning whether or not to buy non owners car insurance. It can be a good way to avoid higher rates in the future for not having continuous coverage.
The longer your lapse, the more your rates may rise. Going a full 12 months without coverage could result in drastically higher premiums when you return to the US. Some insurers won’t even sell policies to drivers who don’t have six months of prior coverage.
Since non owners car insurance costs significantly less than a standard auto policy, it may be a good option for you. To get the best rate possible, shop around and get quotes from mulitple carriers.
If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. This free app can collect quotes from up to 45 top insurance companies in seconds!”
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Eric Schad
Answered on May 04, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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