Non Owner SR22
A non-owner SR-22 insurance is a type of policy for those who neither own a car nor have regular access to one. This article will give you some insight on what it is, what it's not and how to get one.
Coverage and limits
A non-owners policy acts as regular liability coverage. If you drive someone's car and cause a traffic accident, the insurer will pay for the property damages and medical expenses, up to the policy's limits.
Similarly to normal liability insurance, state minimums apply and are usually in the range of 25/50/10:
- $25,000 for medical treatment for every injured patient in other vehicles involved, but not more than $50,000;
- $10,000 for repairs to other damaged cars and other property.
You are liable for all amounts that go over what the insurance company covers. With the current costs of vehicles and service bills, it's quite easy to go over the $10,000 limit, so a higher coverage might be recommended.
Non-owners SR-22 doesn't offer collision or comprehensive coverage. If you need it, you will have to buy an extra policy.
You will not be able to get a non-owners SR22 policy if you have been convicted for DUI and the court has required that you install an ignition interlock device on any car that you own or drive frequently. The reasons are quite obvious – the cars that you are going to drive occasionally aren't likely to have an IID installed.
It also goes without saying that you cannot get a non-owners SR-22 if you own a car or there are vehicles registered to other members in your household.
Lapsed SR-22 insurances
Having your car insurance policy expire is bad enough and can lead to harsh repercussions, but letting your SR-22 expire is even worse. Insurance companies have to report all lapses to the DMV and your driver's license is going to be suspended immediately.
Moreover, once your SR-22 has lapsed, the DMV is going to have you pay another reinstatement fee, pay your insurance up to date and your three year SR-22 requirement period is going to start all-over again.
Long story short, pay your premiums on time. Forgetting about it is not a valid excuse – the insurance company is literally going to bomb you with mails and reminders long before you have to renew your policy.
How to get a non-owners SR-22 policy
A non-owners SR-22 is usually cheaper than a regular policy, but prices differ from one insurer to another and also depend on your driving record.
The process of getting non-owners SR-22 coverage is the same as applying for a regular SR-22. As long as you know a SR-22 is what you need and the court hasn't decided that you must install an IID, you can start looking for quotes. As always, the best approach is to query at least a handful of companies and compare what they are offering.