When Do You Need Non-Owner SR-22 Insurance?
Research shows that about 13% of drivers in the United States drive without auto insurance. Driving without valid insurance is not only illegal but will also subject you to severe consequences in the event of an accident. The most important insurance policy that every car owner should have is third-party insurance coverage to protect passengers and road users in the event of an accident. Every car accident victim that lacks insurance is required to request an SR-22 form from their insurance provider. In case you don’t own a car, you can easily apply for non owners insurance. Below, you will discover the reasons to have non-owner SR-22 insurance.
Today, car insurance providers offer insurance policy for people who don’t own a car. This is according to the state requirement regarding high-risk drivers. Non-owner insurance is insurance coverage for high-risk drivers that do not own a car. One of the reasons why a non-owner may need this type of insurance is that it is required by law to carry insurance. Also, non owners insurance is ideal if you want coverage when operating a car that isn’t yours, such as a rental car. Normally, SR-22 insurance is usually expensive as you are considered a high-risk driver. Even so, with this type of insurance, you will not have to worry about getting into more trouble with the law.
What are the reasons for having non owners SR-22 Insurance? You should know that are many reasons for having SR-22 insurance. First and foremost, a non owners insurance is a must-have is you received a citation for driving without insurance. Also, if you have been charged with a DUI or you have been convicted for driving without insurance. Click here to learn more about why non-owners SR-22 is necessary. It is also advisable to file non owners insurance if you are attempting to reinstate your driver’s license after a suspension.
Non owners insurance is usually less expensive as compared to traditional auto insurance. The cost of non owners insurance is usually a little bit high for people who don’t have an SR-22. Averagely, you will pay around 240$ per month if you have an SR-22. Defaulting in making the payment can lead to your driver’s license getting suspended. There are means through which you can cut your cost on non owners insurance. You can compare the rates of different insurance providers so that you can reduce this cost. Establish if you can afford to pay the premiums before committing to a non owners insurance policy.
From the above discussion, you now understand why it is imperative to have non owners insurance.