You are right — having a lapse in coverage will cause your rates to be higher in the future. I recommend getting a non-owners policy
, which it sounds like Progressive is already offering to you. This is essentially a liability-only policy when you do not own a vehicle, or are between vehicle ownership, like your case. This would provide liability coverage
if you're going to be borrowing a friend's vehicle or simply want to maintain insurance. The question of "is it worth it?" is a little harder to answer since the rate increase due to a lapse in coverage varies by insurance companies. Sometimes it won't be that much, other times it can be quite high. I recommend getting a quote for non-owners — because there is no vehicle to insure, non-owners policies tend to be fairly inexpensive. Good luck and if you have any questions, don't hesitate to ask
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