While it may sound strange to carry a car insurance policy when you don't own a vehicle, a non-owner auto insurance policy covers vehicles you might drive temporarily, such as when borrowing a car from a friend. WHAT CARS ARE COVERED UNDER A NON-OWNER AUTO INSURANCE POLICY? Make sure that you are aware of your state's SR22 laws, as well as any additional requirements mandated by the courts and/or DMV in your area. Most states require non-owners auto insurance coverage and an SR22 certificate for three years, but that amount of time can vary by location and situation. If your policy lapses for any reason, it is likely that the state will re-suspend your license until you purchase a new policy and file new SR22 certification.Įven a non-owner auto insurance policy must maintain the state-mandated minimum coverage limits, usually including liability coverage for property damage and bodily injury. If you fail to pay your non-owner auto insurance premiums, your agent is required to notify the state. They can even electronically complete and file the required SR22 forms for you, where allowed.Īs with any other insurance policy, it's important to always pay your premiums on time. The agent will guide you through the process and SR22 requirements. If you do not own a vehicle but are required to file an SR22, you will need to contact an insurance agent to purchase a non-owner auto insurance policy.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |