When your driver’s license is suspended and you don’t own a vehicle, you’ll need to carry Maine non owner SR22 insurance to regain your driving privileges. With non owner insurance, an SR22 certificate is endorsed to a non owner insurance policy written in your name.
How do I get Maine non owner SR22 insurance?
You can buy non owners SR22 insurance by choosing a non owner insurance company licensed in the state of Maine. They will write a non owner insurance policy in your name and endorse the SR22 form to it. The certificate is then filed with the Maine Bureau of Motor Vehicles (BMV) to obtain reinstatement of your license.
Maine non owner SR22 insurance is a financial responsibility form that guarantees you’ll remain properly insured for a certain period of time in the future. Because it’s a guarantee, your policy is monitored to ensure it is kept current for the mandated time period. In most cases that time period is three years. If your policy lapses during that time, the insurance provider notifies the BMV by filing an SR26 form. This causes immediate license suspension once again, and the process has to be repeated to regain your driving privileges.
What does non owner insurance cover?
Non owner insurance is liability-only coverage that insures you when you drive a non-owned car on an occasional basis. Maine non owner SR22 insurance policies do not include comprehensive or collision coverage, because they don’t insure a vehicle. If you’re at fault in an accident, your non owner insurance serves as secondary coverage after the vehicle owner’s auto insurance reaches its coverage limits. Non owner insurance does not pay claims unless the vehicle owner’s coverage limits have been reached.
Your Maine non owner’s insurance will not cover damage to the vehicle you are driving or to passengers in that vehicle. It only covers claims made by the other party involved in an at-fault accident.
Limitations of non owner SR22 insurance
- It is only written for people who don’t own a vehicle
- The policy is written in your name only, and covers only you
- Coverage does not include vehicles owned by others in your household
- You are not covered when driving a commercial, rental or employment-related vehicle
What if I buy a vehicle later?
If you currently have a non owner SR22 on file and buy a car while you’re still required to carry this insurance, the certificate can be converted to an owner/owner-operator SR22. To stay in compliance, your insurance provider will write you an auto insurance policy with an SR22 endorsement. (See SR22 Insurance Maine.) Your premiums will increase, depending on the vehicle that’s being insured.
Get your Maine non owner SR22 insurance quote from UltraCar Insurance. We’re a leading company specializing in SR22 insurance, and licensed in the state of Maine. Click to start a quote now, or talk with one of our helpful agents!