A registered driver in Tennessee who does not own a vehicle will need to purchase Tennessee non owner SR22 insurance to reinstate a suspended license. Non owner SR22 insurance is a certificate of financial responsibility filed by an insurance provider with the Tennessee Department of Motor Vehicles. A non owner SR22 certificate serves as a guarantee that the driver is properly insured for Tennessee license reinstatement, and will remain properly insured for the time period assigned by the state. It is necessary for Tennessee non owner SR22 insurance to be carried for three to five years, depending on the circumstances. The certificate is monitored closely by the insurance provider, and if it lapses, expires or is canceled, the notifies the Tennessee DMV by filing an SR26 form. This results in the driver’s license being suspended again.
Tennessee non owner SR22 insurance covers any non owned vehicle the policyholder drives on an occasional basis. It is liability-only coverage, and is secondary insurance to a vehicle owner’s primary auto insurance coverage. If a non owner SR22 policyholder is involved in an at-fault accident while driving a non owned vehicle, the non owner SR22 policy pays any claims that exceed the vehicle owner’s insurance coverage limits.
If an SR22 non owner policyholder purchases a vehicle while carrying Tennessee non owner SR22 insurance, they will need to contact their insurance provider immediately to convert the SR22 non owner policy to an SR22 owner policy.
It is important to know the limitations of Tennessee non owner SR22 insurance coverage:
- It is written for one person only
- It is only for high risk drivers who do not own a vehicle
- It is liability only coverage
- Household vehicles are not covered
- Vehicles driven frequently by the policyholder are not covered
- Commercial and rental vehicles are not covered
UltraCar Insurance is here to help when you need Tennessee non owner SR22 insurance quotes. Submit our secure online form, or give us a call today!