Taking a owners insurance
It protects against damage to vessels powered by a motor. But permissive use has limitations. Freeway Insurance Services America, LLC. It is easy to let your insurance coverage lapse when you are transitioning to a new insurance carrier. The answer really depends on your driving record. Where is the Most Expensive Place to Own a Car? If you live in a city with a good public transportation system, owning a car may be frivolous and unnecessary. You do not own a vehicle. How To Open A Brokerage Account? Owned Car Insurance Include? Sarah Sharkey is a personal finance writer covering credit cards, mortgages and student loans.