In some states, broad form SR22 insurance is a low-cost, non-owner auto liability insurance option for license reinstatement. In most cases, people file a non owner SR22 insurance if they don’t own a vehicle, and SR22 insurance if they own a car. However, this type of policy is also an option if you own one or more vehicles.
Broad form insurance is generally more expensive than non-owner SR22 insurance but less expensive than standard auto insurance. This type of insurance has a very minimal scope of coverage. As such, it is not suggested for inexperienced teen drivers and is not adequate coverage for expensive or brand-new vehicles. It is more suited for older cars or cars that have been paid off and don’t require full coverage insurance.
Broad form coverage facts:
- You can purchase broad form insurance whether you own a vehicle or not.
- Broad form insurance is liability-only coverage; it does not include comprehensive or collision coverage.
- Broad form insurance covers ONLY the policyholder/driver when driving any vehicles you own, regardless of year, make, or model.
- There is no coverage whatsoever if someone other than you drives your vehicle. You will be legally and financially responsible if someone borrows your car and causes an accident.
- Coverage does not apply to any damage to your vehicle in an at-fault accident.
- If you purchase a vehicle, it automatically covers you, the policyholder, without calling your insurance agent to add the car to your policy.
You can add an SR22 filing to a broad form vehicle insurance policy as a rider, allowing your driver’s license reinstatement. It is a monitoring device, the same as a non-owner SR22 policy. You must maintain this insurance for three years in most instances. Your state Department of Motor Vehicles or the court determines the actual length of time. A broad form policy covers only you, the policyholder, when driving a covered vehicle. It does not provide protection of any kind if another person drives your car.
Reasons people require broad form SR22 insurance
- DUI or DWI offense
- Refusal to submit a DUI breath test
- Reckless driving
- Uninsured accidents
- Excessive points against your driving record
- Child support or neglect cases
- Legal judgments
Only a few states have broad form insurance, with or without an SR22 endorsement. Not many insurance companies offer it, but UltraCar Insurance can offer these policies in the following states:
To find out if broad form insurance is right for you, contact an UltraCar Insurance agent. For affordable broad form SR22 insurance quotes, complete our online quote form or call 888-551-1991 today. We maximize your savings by comparing the rates of top insurance companies and never charge a filing fee!
This article was last updated on October 8th, 2023 by UltraCar Insurance
