What is Non-Owner SR22 Insurance?
You may have been caught drunk driving, driving under the influence of drugs, or speeding. You may have also been involved in an accident while being uninsured or underinsured.
Having SR-22 insurance allows you to get your driving privileges reinstated in such scenarios.
That said, contrary to popular belief, SR-22 is not insurance. Instead, it’s a certificate attached to your existing auto insurance policy that signifies you have the minimum coverage required. This ensures that even if you get into another accident, you’ll at least be able to fulfill your financial responsibilities.
One thing you have to understand is that there are different types of SR-22 certificates, such as owner, owner-operator, operator, and non-owner.
In this article, Magnum Insurance will discuss non-owner SR-22 insurance, what it is, and how it works.
What is Non-Owner SR22 Insurance?
Before we can understand non-owner SR22 insurance, we first have to discuss the different types.
If you own the insured vehicle, you need to get an owner SR-22. Both the vehicle and the insurance policy should be under your name if you’re the owner.
If you own a vehicle but lease it to other people, or regularly use another vehicle that’s not yours, you’re considered an owner-operator. Examples include delivery drivers with company vehicles or franchised truckers.
An owner-operator SR22 certificate proves that your own vehicle and any other vehicles that you drive are sufficiently insured.
3. Non-Owner or Operator Only
Lastly, people who don’t have a vehicle registered in their name and don’t have access to another car in their household are considered non-owners.
As a non-owner, it’s technically your ability to drive that’s being insured and not the vehicle you’re driving.
This is what non-owner SR-22 insurance is for.
What Does Non-Owner SR22 Include?
A non-owner SR22 proves that you’re paying your insurance premiums regularly, despite not having a vehicle of your own.
Your insurance policy should include the minimum coverages required if you’re getting a non-owner SR22 certificate, such as legal liability, bodily injury, and property damage. It won’t cover you in case of an accident, but it will cover other individuals and their vehicles who are involved.
Non-Owner SR22 Coverage
Non-owner SR-22 insurance covers any vehicle you drive that isn’t owned by you or a member of your household.
If you do get in an accident while driving a rented or borrowed vehicle and are deemed to be liable, this insurance will kick in.
As mentioned above, here are some of the coverages included:
- Bodily injury. Medical injuries, costs for a check-up, medicine, and more are included in the liability coverage.
- Property damage. The insurance will cover the cost for the repair or replacement of the other party’s property. Depending on their policy, this can be everything but their vehicle.
- Legal liability. Any expenses for legal matters about the incident will also be included. This expense includes settlement fees, attorney expenses, etc.
How to Get SR-22 Non-Owner Insurance?
Getting SR22 insurance can be a stressful activity. After all, not every insurance provider offers or even allows SR22 certificates.
However, Magnum Insurance makes the entire process very convenient. If you don’t have an auto insurance policy yet or if your provider isn’t willing to give an SR-22 certificate, make sure to get in touch with us.
Our licensed agents can arrange customer-friendly quotes that will surely make getting a non-owner SR-22 certificate not just easier, but also lighter on the pocket.
If this sounds like something you’re into, give us a call now!
Getting an SR22 Insurance With Magnum Insurance
It can be difficult to find the right provider, but luckily, Magnum Insurance is here. With our customer-oriented service and friendly rates, even something like handling an SR-22 situation will be a piece of cake.