Your license has been suspended, and you have no car but need SR22 insurance. The DMV tells you that you’ll have to pay a reinstatement fee and file an SR22 certificate to reinstate it. You’ve called a few companies. But since you don’t have a car and/or a valid driver’s license they can’t issue a non owner policy with an SR22. What can you do now? First, you need to understand why you’re required to carry SR-22 insurance, what an SR-22 is and how it works.
What is SR22 insurance?
People who have no car but need SR22 insurance have had their license suspended after one or more state traffic law violations. Some common reasons for license suspension are:
- Driving without insurance
- Unpaid tickets
- A DUI/DWI conviction
- An accident
- Driving with a suspended license
When a driver’s license is suspended, insurance companies consider you to be a high risk driver. If you own no car but need SR22 insurance, you’ll find a licensed insurance agent to write a non owner policy with a financial responsibility form attached. This form/certificate is also known as an AAMVA Uniform Financial Responsibility Form. The non owner insurance policy must meet your state’s minimum liability coverage requirements.
After the SR22 form is filed with the state, it is closely monitored during the time you’re required to carry it (usually 3 years). The policy tied to the SR22 form must not lapse even once during that time. If coverage lapses, your insurance provider immediately notifies the DMV by filing a form SR-26. When the DMV receives the SR-26 form, it will suspend your license once again.
UltraCar Insurance agents are licensed in 34 states, and can help when you have no car but need SR22 insurance (non owner SR22 insurance).
Can I really get cheap non-owner SR22 insurance for $19.00?
No. You’ll often find that non owner SR22 insurance companies that offer prices like this are indeed the most expensive. It’s just a deceitful tactic to get you to call them.
If I have no car but need SR22, how much will it cost?
The cost of no-car SR22 insurance depends on several things:
- Your age
- Driving record
- General area where you live
- Credit history
In general, a non-owner SR-22 is cheaper than a standard auto insurance policy, and some states allow you to have them separately.
Can I pay all three years of non owner SR22 coverage up front?
No. Most SR22 policies come in six or twelve month increments. You always save the most by paying in full. This way, the chance of your policy lapsing for non-payment of the premium is reduced.
If I have non owner insurance, can I drive a car that isn’t insured?
Definitely not. Non-owner insurance coverage is not designed for that purpose. Any vehicle you drive must be insured by the owner. It’s your responsibility to confirm the insurance status of any vehicle you intend to drive.
If you own no car but need SR22 insurance, talk with one of our licensed UltraCar Insurance agents. Get a no obligation consultation and a quick non owner SR22 quote. Or, click to start a quote now.
This article was last updated on February 15th, 2020 by UltraCar Insurance