Why You Should Have Non-Owner SR-22 Insurance
Studies show that about 13% of drivers in the US drive without auto insurance. Driving without insurance is a serious traffic offense, and you will suffer severe consequences when involved in an accident. It is mandatory for car owners to have a third-party insurance policy to protect the passengers and other road users. Every car accident victim that lacks insurance is required to request an SR-22 form from their insurance provider. If you are not a car owner, you should not worry since applying for non owners insurance is a simple and straightforward process. Continue reading this article to know when non-owner SR-22 insurance is a necessity.
A new insurance policy that is offered by car insurance providers is non owners insurance. Non-owners insurance is a must-have policy for 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. The need for non owners insurance is emphasized for individuals that drive cars that aren’t theirs, such as a rental car. Normally, SR-22 insurance is usually expensive as you are considered a high-risk driver. However, you should know that non owners insurance will keep you away from trouble with the law.
Why should one apply for non owners SR-22 insurance? There are several reasons why one may be required to file for an SR-22. To begin with, you need to get non owners SR-22 if you have been cited for driving without valid auto insurance. Also, if you have been charged with a DUI or you have been convicted for driving without insurance. On this website, you will find out more reasons why non owners insurance may be necessary. It is also advisable to file non owners insurance if you are attempting to reinstate your driver’s license after a suspension.
As compared to traditional car insurance, you will pay less for non owners insurance. The cost of non owners insurance is usually a little bit high for people who don’t have an SR-22. If you have an SR-22, you will pay around 240$ monthly for non owners insurance. In case your insurance policy lapses or your default in making the paying, your driver’s license will be suspended. Nonetheless, you should know that there are a few tips for cutting the cost. Always check the rates of different auto insurance providers to save money on your non owners insurance policy. Research well to identify reputable and well-established insurance companies that offer non owners insurance, and make your decision based on your budget.
Therefore, if you want to remain compliant with the law, you should apply for non-owner SR-22 insurance.