How do you get non-owner SR-22 insurance in New Jersey? This question is about Non-Owner SR-22 Insurance

How do you get non-owner SR-22 insurance in New Jersey?

This question is about Non-Owner SR-22 Insurance

Lilah Butler, Car Insurance Writer

@lilah_c • 07/07/23 This answer was first published on 07/07/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You cannot get non-owner SR-22 insurance in New Jersey, since New Jersey does not require high-risk drivers to file an SR-22 to prove they have insurance. But drivers in New Jersey who do not have regular access to a car can still buy a non-owner policy to ensure sufficient liability coverage while driving borrowed or rented cars.

Non-owner policies only cost an average of $200-$500 annually, since they do not cover a specific vehicle and policyholders are less likely to file a claim than car owners. For more information, check out WalletHub's guide to non-owner car insurance.

Do I need an SR-22?

You need an SR-22 if a judge or your state department of motor vehicles has informed you that you do. An SR-22 form, also called a Certificate of Financial Responsibility, may be required if you are trying to reinstate or maintain your license after being convicted of certain driving violations. These include DUI/DWIs, reckless driving, driving without a license or insurance, or repeat offenses. You can only get an SR-22 form from your car insurance...

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Who has the cheapest non-owners insurance?

The cheapest non-owner insurance is from Geico, State Farm, and Farmers. Non-owner insurance is for people who don’t own a car but rent or borrow one frequently. Although non-owner car insurance is usually cheaper than a standard policy, the cost can still vary widely based on location, driving record, and other risk factors.

Non-owner policies fulfill the state’s mandatory minimum requirements for liability coverage, though some companies also allow drivers to purchase additional coverage. Drivers can...

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How much does non-owner SR-22 insurance cost?

Non-owner SR-22 insurance costs at least $15 - $25, due to the fee insurers charge for filing an SR-22 form with the DMV. Non-owner SR-22 insurance also costs roughly 3% more than a standard non-owner car insurance policy, on average, given the high-risk surcharge that insurers apply to the premiums of drivers who need an SR-22.

The exact cost of a non-owner SR-22 policy depends on where the driver lives and how much car insurance they’re...

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