Tennessee drivers who don’t own a vehicle will need to purchase Tennessee non owner SR22 insurance to reinstate their driver’s license. Non owner SR22 insurance is a financial responsibility certificate that’s filed by your insurance provider with the Tennessee Department of Motor Vehicles. A non owner SR22 certificate filing is a guarantee that you will remain properly insured for the time period assigned by the state. Depending on your circumstances, you’ll have to carry Tennessee non owner SR22 insurance three to five years. Your SR22 policy is monitored closely, and if it lapses even once, your insurance provider must inform the Tennessee DMV by filing an SR26 form. This results in your license being suspended again.
How does Tennessee non owner SR22 insurance work?
Tennessee non owner SR22 insurance does not cover a vehicle, since it is for people who don’t own one. Instead, it covers you against liability when you drive a non-owned vehicle on an occasional basis. It is secondary insurance to a vehicle owner’s primary auto insurance coverage. Secondary coverage means that if you cause accident while driving a borrowed vehicle, your non owner SR22 policy pays claims that exceed the vehicle owner’s insurance coverage limits. It’s very important to make sure that any vehicle you drive is insured by the owner. This is because non-owner insurance will not pay for damage to the vehicle you drive, or to passengers in the car you’re driving.
What if you purchase a vehicle while carrying Tennessee non owner SR22 insurance? You should contact your insurance provider immediately to convert the SR22 non owner policy to an owner policy. It’s a good idea to talk with your insurance provider before buying a car, truck or motorcycle so you’ll know if you can afford the increased premiums.
Limitations of non owner insurance
- Non owner insurance coverage is written for one person only
- This type of insurance is for high risk drivers who do not own a vehicle
- Non owner SR22 insurance is liability-only coverage
- Vehicles owned by persons in your household are not covered
- Vehicles you can drive frequently are not covered
- You are not covered when driving a commercial, rental or employment-related vehicle
You can find helpful information about Tennessee financial responsibility laws and restricted license information on the Tennessee DMV website.
UltraCar Insurance is here to help when you need Tennessee non owner SR22 insurance. Click the quote button or call us today!
