Non owner SR22 insurance Arkansas is for drivers who don’t own a vehicle, and need SR22 insurance for license reinstatement. Non owner SR22 insurance is not offered by all insurance providers. You’ll find that it’s a bit more expensive, because it’s classified as high risk insurance. However, this doesn’t mean you can’t find competitive rates. In fact, UltraCar Insurance offers some of the lowest Arkansas SR22 insurance rates available.
What is non owner SR22 insurance Arkansas?
Non owner SR22 insurance Arkansas insures you when, on occasion, you drive a vehicle owned by another person. It provides secondary insurance coverage if you cause an accident while driving a borrowed car. Secondary coverage means that claims from an accident are paid by your non owner insurance after the vehicle owner’s auto insurance coverage limits have been met. It’s very important to confirm that any vehicle you drive is properly insured by the owner. If you cause an accident, non owner SR22 insurance will not pay claims if the vehicle you’re driving is not insured by its owner.
When you purchase SR22 insurance, your insurance provider writes a non owner SR22 insurance Arkansas policy. The SR22 certificate is endorsed to this policy and is filed with the Arkansas Department of Driver Services. It is vital to maintain this insurance at all times during the time the state requires it (usually 3-5 years). If your SR22 policy lapses, expires or is canceled, your insurance provider will immediately notify the Arkansas DDS through an SR26 filing. This results in repeat suspension of your driving privileges, and additional reinstatement fees and/or fines.
Non owner insurance limitations
There are some vehicles that non owner SR22 insurance Arkansas does not cover:
- Vehicles owned by others in your household
- Vehicles you have frequent access to drive
- Commercial vehicles
- Rental vehicles
- Employment-related vehicles
It’s important to know that non owner insurance coverage does not pay for damage to a vehicle you’re driving, or for injury to passengers in the car. It only pays claims brought by the other party involved in an at-fault accident.
For more information, the Arkansas Department of Finance and Administration website, Department of Driver Services, has contact information for the sections responsible for license suspension and reinstatement.
Contact UItraCar Insurance when you need non owner SR22 insurance Arkansas. We maximize your savings by comparing the rates of top insurance companies. Click to start a Arkansas non owner SR22 quote, or give us a call today!