When you need Michigan SR22 insurance, UltraCar Insurance can help. In as little as 20 minutes we will find competitive rates for your situation, issue your SR22 certificate and file it with the state of Michigan DMV to reinstate your license and get you back on the road. UltraCar Insurance works with top-rated high-risk auto insurance companies to offer quality policies at affordable rates.
There are two types of SR22 high-risk insurance: one for vehicle owners and another for non owners. SR22 owner insurance is for drivers who own a vehicle registered in their name. SR22 non owner insurance is for drivers who do not own a vehicle.
What is Michigan SR22 insurance?
Drivers must purchase Michigan SR22 insurance to reinstate their suspended license, and keep the coverage current for one to three years. The SR22 certificate is an endorsement to an auto or non-owner insurance policy, and your insurance provider files that certificate with the state DMV. It serves as a guarantee of financial responsibility that you can pay for injury or property damage you may cause while operating a vehicle. Insurance companies that write SR22 policies monitor them closely to ensure that the policyholders don’t let them lapse during the time the state requires this coverage. The insurance company must immediately report a lapse, expiration or cancellation of an SR22 policy to the Michigan DMV by filing an SR26 form. The SR26 filing results in license suspension.
What is Non Owner SR22 Insurance?
NOTE: EFFECTIVE FEBRUARY 2018 UltraCar Insurance does not offer non owner SR22 in Michigan.
Michigan non-owner SR22 insurance is for people who want to reinstate their license, but don’t own a vehicle. It’s secondary insurance that covers the policyholder when occasionally driving a borrowed car. Non-owner insurance coverage does not include household vehicles, cars you have frequent access to drive, rental or commercial vehicles. If you have an accident in which you’re at fault while driving a borrowed car, your non-owner insurance takes effect if the vehicle owner’s insurance reaches the limits of their policy.
Minimum Liability Insurance Coverage Requirements Michigan:
(This is the minimum liability insurance coverage the state requires, but you can add other coverage options to your policy.)
- $20,000 bodily injury per accident
- $40,000 bodily injury liability for all injuries in an accident
- $10,000 in property damage in one accident
Detailed information can be found at the Michigan DMV Website.
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UltraCar Insurance in Michigan
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This article was last updated on March 30th, 2023 by UltraCar Insurance