Oregon high-risk auto insurance policies require higher premiums because these policyholders are more expensive to insure. High-risk drivers pose a greater risk of being involved in or causing an accident. Because they’re more likely to claim compensation from their insurance coverage, they must usually pay higher car insurance premiums as a result.
UltraCar Insurance is a leading provider of high-risk auto insurance in Oregon. To offer you the lowest possible rate, we survey Oregon SR-22 insurance quotes from leading high-risk auto insurance companies. This way, you get the most affordable high-risk insurance without spending time comparing quotes yourself. SR-22 refers to a Financial Responsibility Certificate. When it’s attached to an auto or non-owner insurance policy, it allows you to reinstate your driver’s license.
Let’s discuss high-risk auto insurance in Oregon to help you understand which type you need.
Oregon Nonstandard Auto Insurance
The terms “nonstandard auto insurance” and “high-risk auto insurance” are often used interchangeably in the industry. This type of insurance is for individuals who have difficulty obtaining insurance through traditional or standard car insurance companies due to their driving history. Nonstandard auto insurance policies tend to be more expensive and may have coverage exclusions and restrictions.
Oregon drivers who require nonstandard auto insurance are typically those with multiple traffic violations, accidents, or DUI convictions. Individuals who drive expensive cars or use vehicles for business purposes may also need high-risk insurance.
To obtain affordable nonstandard auto insurance, comparing quotes from multiple insurance companies will help you find a policy that meets your needs and budget. However, many companies don’t provide nonstandard auto insurance, making it time-consuming to find such a policy. Many people find this process much easier when working with a high-risk auto insurance broker like UltraCar Insurance. We’ve been in business since 2012 and built relationships with insurance companies that provide the most cost-effective policies.
Oregon High-Risk Auto Insurance for Car Owners
An SR-22 certificate is a financial responsibility document that the Oregon DMV requires from high-risk drivers. It’s not an insurance policy itself; it’s tied to your auto insurance policy to guarantee that you have the necessary coverage. You may have to file an SR-22 form if you have certain traffic violations, such as DUI or reckless driving, that result in a license suspension.
You must purchase an SR-22 certificate from a high-risk auto insurance provider licensed in the state of Oregon. Your provider files the SR-22 with the state on your behalf. You must maintain SR-22 insurance coverage for a specific period, typically three years, so it’s best to obtain the lowest rate possible. Suppose you let this coverage lapse or cancel it before the required period ends. In that case, the insurance company that issued your policy notifies the DMV by filing an SR-26 form. Your driver’s license may be suspended again or possibly revoked as a result.
Non-Owner SR22 Insurance in Oregon
Oregon non-owner SR22 insurance serves the same purpose as SR-22 insurance for car owners, except it’s for people who don’t own a vehicle. If you have a suspended license and occasionally borrow a car to drive, you’ll need to get a non-owner insurance policy with an SR-22 rider. Non-owner insurance coverage is less expensive than SR-22 insurance for car owners. However, it’s an expense that you didn’t previously have. UltraCar Insurance will help you find an affordable rate, and rest assured, you’ll pay no SR-22 filing fee or any other hidden fees.
Get a Low Rate for Oregon High-Risk Auto Insurance
UltraCar Insurance is a trusted Oregon SR-22 insurance provider, offering affordable rates for car owners and non-owners. For fast license reinstatement, call us today or request a quote online. We look forward to assisting you!
