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SR22 Insurance & Non-Owner Insurance: A Guide for High-Risk Drivers
As the owner of Blake Insurance Group, I understand the challenges high-risk drivers face when looking for insurance coverage. In this article, we’ll explore the world of non-owner SR-22 insurance and help you understand its purpose, who needs it, and how to obtain it.
Definition and Purpose of Non-Owner SR-22 Insurance
An SR-22 form is a certificate of insurance that verifies a high-risk driver has the minimum amount of car insurance required by the state. Non-owner SR-22 insurance is a type of car insurance for drivers who do not own a vehicle but are required to file an SR-22 with their state. This policy satisfies the state’s SR-22 requirement for drivers without a vehicle and provides enough coverage for them to legally drive any rented or borrowed car.
Who Needs Non-Owner SR-22 Insurance
Non-owner SR-22 insurance is for drivers who:
– Must file an SR-22 with their state due to high-risk infractions
– Do not own a car
– Do not live in the same household as someone who owns a car
Examples of situations that may require an SR-22 include reinstating driving privileges following a DUI or being involved in an accident while uninsured.
Obtaining Non-Owner SR-22 Insurance
To obtain non-owner SR-22 insurance, you’ll need to contact an insurer that offers this type of coverage. Since it’s a unique type of coverage, you may need to call a local agent to get a quote. Keep in mind that not all carriers offer non-owner coverage, so you might have to contact multiple companies to find the right policy for you.
When purchasing non-owner SR-22 insurance, it’s essential to compare prices from different insurance companies. Once you’ve chosen a policy, your insurer will file the SR-22 form with your state’s department or Bureau of Motor Vehicles on your behalf.
Non-owner SR-22 insurance typically includes coverage for bodily injury and property damage liability, but not collision or comprehensive insurance. This means that it covers damages you cause to others but not damages to the vehicle you’re driving.
Cost of Non-Owner SR-22 Insurance
Average Cost and Factors Affecting the Price
The average cost of non-owner SR-22 insurance is around $1,020 per year, which is significantly cheaper than a typical SR-22 policy with the same coverages, costing around $1,523 per year. Factors that can affect the cost of non-owner SR-22 insurance include your age, driving history, and the state you live in.
Comparison with Regular SR-22 and Non-Owner Car Insurance
Non-owner SR-22 insurance is less expensive than regular SR-22 insurance, as it is designed for drivers who do not own a vehicle and are not on the road as often. When comparing non-owner SR-22 insurance to regular non-owner car insurance, the average cost of non-owner car insurance for a safe driver is $585 per year, which is slightly cheaper than non-owner SR-22 insurance.
To obtain non-owner SR-22 insurance, you’ll need to contact insurance companies that offer this type of coverage. Since not all carriers offer non-owner coverage, you might have to contact multiple companies to find the right policy for you. It’s essential to compare prices from different insurance companies to ensure you’re getting the best dealCompanies Offering Non-Owner SR-22 Insurance
Several insurance companies offer non-owner SR-22 insurance, including:
- **GEICO**: GEICO provides non-owner SR-22 insurance for drivers who need to file an SR-22 but do not own a car. To get a quote for non-owner SR-22 insurance from GEICO, you can call 1-800-207-7847.
- **State Farm**: State Farm offers non-owner SR-22 insurance for drivers in a similar situation. To get a quote for non-owner SR-22 insurance from State Farm, you can call 1-833-322-1987.
- **Travelers**: Travelers also offers non-owner SR-22 insurance. To get a quote for non-owner SR-22 insurance from Travelers, you can call 1-866-289-8776.
- **Progressive**: Progressive provides non-owner SR-22 insurance for drivers who need to file an SR-22 but do not own a vehicle. To get a quote for non-owner SR-22 insurance from Progressive, you can call 1-866-749-7436.
Keep in mind that not every insurance company handles SR-22 filings, so you’ll need to ask your current insurer or any insurers you are considering whether they offer non-owner SR-22 insurance. It’s essential to compare prices from different insurance companies to ensure you’re getting the best deal for your specific situation
Filing the SR-22 form with the state’s Department of Motor Vehicles
Non-owner SR-22 insurance is a type of car insurance for drivers who do not own a vehicle but are required to file an SR-22 with their state. An SR-22 form is a certificate of insurance that verifies a high-risk driver has the minimum amount of car insurance required by the state. When you purchase a non-owner SR-22 insurance policy, your insurer will file the SR-22 form with your state’s department or Bureau of Motor Vehicles on your behalf. This form serves as proof that you have the required insurance coverage to drive legally.
Coverage provided by non-owner SR-22 insurance
Non-owner SR-22 insurance typically includes coverage for bodily injury and property damage liability, but not collision or comprehensive insurance. This means that it covers damages you cause to others but not damages to the vehicle you’re driving. Non-owner SR-22 insurance is designed for drivers who do not own a car and need to fulfill their state’s SR-22 requirement while maintaining auto insurance coverage.
Primary and Secondary Coverage in Non-Owner SR-22 Insurance
Non-owner SR-22 insurance is considered secondary coverage. This means that if you borrow a friend’s car and get into an accident, their car insurance is the primary coverage, and your non-owner SR-22 insurance will only come into play if the damages exceed the limits of the primary policy
What is not covered by non-Owner SR-22 Insurance
Non-owner SR-22 insurance typically includes coverage for bodily injury and property damage liability, but it does not cover collision or comprehensive insurance. This means that it covers damages you cause to others but not damages to the vehicle you’re driving. Additionally, non-owner SR-22 insurance does not cover vehicles owned by someone in your household or vehicles you drive regularly.
Meeting State Requirements and Consequences of Lapses in Coverage
Most states require drivers to maintain an SR-22 for a minimum of three years. It is crucial to consistently maintain insurance coverage while you have an SR-22 on file, as lapses in coverage can result in severe consequences, such as the revocation of your driving privileges. If your policy is canceled or lapses while you’re carrying an SR-22, your insurance company will alert the state, and you may face penalties.
Renewal and Cancellation Processes for Non-Owner SR-22 Insurance
To cancel your non-owner SR-22 insurance, you should first contact your Department of Motor Vehicles (DMV) to verify that your requirement for carrying the SR-22 is over. Once confirmed, you can ask your insurance company to remove the SR-22 from your policy. If you need to renew your non-owner SR-22 insurance, make sure to complete the renewal process at least 45 days before it expires to avoid any lapses in coverage.