Why You Should Have Non-Owner SR-22 Insurance
Research shows that about 13% of drivers in the United States 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. For those without a car, you should know that applying for non owners insurance is usually a simple and fast process. Below, you will discover the reasons to have non-owner SR-22 insurance.
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. As a non-owner, you need to have this type of insurance since it is required by the 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. 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. To begin with, you need to get non owners SR-22 if you have been cited for driving without valid auto insurance. Also, you should file for an SR-22 if you have been charged with a DWI or convicted for driving without insurance. This page highlights more scenarios where one needs to apply for non owners SR-22 insurance. While trying to get your driver’s license back after a suspension, you need to drive with a non owners insurance to make the process easy.
Non owners insurance is cheaper than traditional auto insurance policies. 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. The penalty for using expired insurance or defaulting in payment is the suspension of the driver’s license. 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. The cost of non owners insurance offered by the company should be financially sustainable.
Therefore, if you want to remain compliant with the law, you should apply for non-owner SR-22 insurance.