“Having a lapse in insurance coverage can impact your future rates. Even if you don’t have a car to drive, carriers like to see that you have been able to maintain continuous coverage.
NNO stands for named non-owner insurance. It is usually good for drivers who borrow or rent cars frequently, but don’t own their own vehicle.
Do you think you will rent a car or buy a new car within the next 60 days? If so, an NNO would be a good choice.
If not, then depending on the monthly cost of the NNO policy, you might be better off canceling the policy and paying slightly more for coverage once you own a car again.
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