Compelling Reasons to Have Non-Owner SR-22 Insurance
Studies show that about 13% of drivers in the US drive without auto insurance. It is illegal to drive without insurance, and you are also likely to suffer severe consequences if you are involved in 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. After an accident, the victims are usually required to get an SR-22 form from their insurance agency. In case you don’t own a car, you can easily apply for non owners insurance. 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. This type of insurance is most used by people who 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. 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. 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? The need for SR-22 insurance is advised in different situations. 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.
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. The average cost of non owners insurance is 240$. 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. You can compare the rates of different insurance providers so that you can reduce this cost. The cost of non owners insurance offered by the company should be financially sustainable.
If you don’t own a car, you should have non-owner SR-22 insurance to remain compliant with the law.