Nearly 13% of all drivers across the United States drive without auto insurance. Although driving without insurance is illegal, most drivers elect to do so anyway for their own reasons. Doing so can result in severe consequences, especially if you’re involved in a car accident.
All car accident victims without insurance will be required to request an SR-22 form from their insurance provider. Unfortunately, this form is necessary to lift the suspension from your driver’s license.
If you don’t own a car, you may be wondering how to navigate this issue. Luckily, applying for non owner SR22 insurance is a straightforward process. Here is everything you need to know about this type of insurance.
What Is Non Owner SR22 Insurance?
Car insurance companies now provide insurance for people who don’t own a car. This is because they are fully aware of state guidelines that require high-risk drivers to have an SR-22 form, even though they don’t own a car.
Therefore, non-owner SR22 insurance is coverage for high-risk drivers that don’t own a vehicle. There are two main reasons why a person may need this type of insurance:
- That person is required by law to carry insurance, but they don’t possess a vehicle.
- That person wants coverage when they operate a car that isn’t theirs, such as a rental car.
SR-22 insurance is typically expensive since your insurance company will associate you as a high-risk driver. Nonetheless, having this coverage will prevent you from getting into more trouble with the law.
When Is an SR-22 Necessary?
You may be required to file for an SR-22 for a wide variety of reasons. Here are some of the main reasons why non owners insurance may be necessary:
- You received a citation for driving without insurance.
- You’ve been convicted for driving without insurance.
- You didn’t have insurance before a car accident.
- You’ve been charged with a DUI or DWI.
- You’ve been charged with reckless driving.
- You are attempting to reinstate your driver’s license after a suspension.
How Much Is Non Owners Insurance?
Non owners insurance will almost always cost less than traditional auto insurance. However, with an SR-22, the price will be much more. The average insurance policy with an SR-22 with approximately $240 per month.
If your insurance policy lapses or you don’t pay the monthly rate, then your driver’s license can be suspended again.
How to Select the Cheapest SR-22 Insurance
Paying for non owners insurance with an SR-22 can be expensive. The best way to reduce this cost is to field multiple offers from different insurance companies. Select at least five insurance companies and request a quote from each one.
This will help you narrow down your options and purchase insurance you can afford to prevent any more legal troubles.
What Did You Learn About Non Owner SR22 Insurance?
Being punished for driving without insurance can be overwhelming if you’re trying to get your driving privileges back. Fortunately, even if you don’t own a vehicle, you have the option to purchase non owner SR22 insurance and remain in compliance with the law.
