WalletHub, Financial Company
You can get non-owner SR-22 insurance by calling insurance companies that offer it, such as Geico, Progressive, Esurance, State Farm, The General and Dairyland, and then buying a policy. Non-owner SR-22 insurance is for people who do not have regular access to a car but need to file an SR-22 with their state to prove they have insurance. An SR-22 is not actually a type of insurance, but a form that the insurance company will send to the DMV.
It’s important to note that many insurers won’t provide non-owner policies to people with a car in their household, even if the vehicle is registered under a different name. So if you live with a spouse, family member, or even a roommate who owns a car, you might not be eligible. In addition, if you have a non-owner policy and fail to switch to an owner policy when you buy a car, the insurer will likely deny any claims that you file.
How Non-Owner SR-22 Insurance Works
Non-owner insurance includes liability coverage by default, although some companies allow drivers to add more coverage as well. Non-owner policies are also secondary coverage, which means that if you crash a borrowed car, the owner’s insurance will pay first. Then, your non-owner policy will kick in to cover any leftover balance.
Standard non-owner insurance policies are generally cheaper than insurance with a car, particularly since non-owners drive much less frequently. However, drivers who need an SR-22 usually pay more than drivers who don’t need one, since an SR-22 indicates increased risk for the insurer.
Where to Get Non-Owner SR-22 Insurance
Like any other insurance policy, you should always compare quotes when looking for non-owner SR-22 insurance. Insurers usually offer quotes for non-owner policies over the phone, so be prepared to call several companies. By getting multiple quotes, you can ensure that you have sufficient coverage for your needs at the lowest price.
If you can’t find a non-owner policy through a regular insurer, nonstandard insurance companies that specialize in high-risk drivers could be a good option.
Alex Wise, WalletHub Credit Cards Analyst
To get a non-owner SR-22, purchase a non-owner car insurance policy and ask your insurer to file an SR-22 with the state to prove you have insurance. If you need to file an SR-22 but do not own a car, non-owner coverage is a way to fulfill the legal requirement. To qualify for non-owner insurance, most insurance companies will require there to be no vehicles in your household.
Non-owner policies are less expensive than owner policies, costing between $200 and $500 per year. However, needing an SR-22 will signal to your insurance company that you are high-risk, meaning you will pay more than the average driver. Your insurer will also charge a filing fee, usually around $15-$25.
It’s best to get multiple quotes for a non-owner policy, just like any other type of insurance. You will likely have to call the insurer for a quote, since most companies do not offer non-owner quotes online. To get an accurate quote, make sure that you mention that you need an SR-22.
People also ask
Did we answer your question?