Compelling Reasons to Have Non-Owner SR-22 Insurance
According to studies, nearly 13% of United States drivers 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. Car accident victims without insurance are expected to file for an SR-22 form from the insurance company. If you are not a car owner, you should not worry since applying for non owners insurance is a simple and straightforward process. Keep reading this article to learn more about non owners 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. The need for non owners insurance is emphasized for individuals that drive cars that aren’t theirs, such as a rental car. As compared to other types of insurance, non owners insurance is usually expensive since the policyholder is a high-risk driver. However, you should know that non owners insurance will keep you away from trouble with the law.
When is a non-owner SR-22 a necessity? You should know that are many reasons for having SR-22 insurance. For instance, if you have received a citation for driving without insurance, it is important to apply for SR-22 insurance. Also, you should file for an SR-22 if you have been charged with a DWI or convicted for driving without insurance. On this website, you will find out more reasons why non owners insurance may be necessary. In your efforts to reinstate your driver’s license, you need to have a non owners insurance.
As compared to traditional car insurance, you will pay less for non owners insurance. This only applies to drivers who don’t have SR-22. Averagely, you will pay around 240$ per month if you have an SR-22. In case your insurance policy lapses or your default in making the paying, your driver’s license will be suspended. You should not be scared by the huge cost, as you can cut by adopting certain strategies. 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.
From the above discussion, you now understand why it is imperative to have non owners insurance.