Did you know that even if you don’t own a car you could end up having to pay for SR22 insurance? While they aren’t very common, non-driver certificate of financial responsibility policies do exist. So what are they and how do you apply?
What is a non-driver SR22 policy?
Non-driver cover is designed for those who do not own a vehicle. It also applies to those who don’t have access to a vehicle that they can insure. So why do you need to pay the insurance if you don’t have a car?
You will only need to pay for non-driver SR22 insurance if you have had a car accident while you previously weren’t insured. Even if you don’t have your own car, you could be liable to pay insurance for three to five years before you can be considered for a license in the future.
How do I file for this type of cover?
Filing for this type of certificate of financial responsibility isn’t straight forward. You will need to contact the insurer to ask about the non-driver cover. They will ask a number of questions to determine how much you will need to start paying.
The rules regarding SR22 insurance are different in each state. Therefore you need to ensure you understand the terms and conditions in the state you live in. The insurer can help you with this as they will know exactly what your legal requirements are.
Not all auto insurers provide this type of cover. It is also worth keeping in mind that a certificate of financial responsibility policy will cause your premiums to increase. If you get a car while you’re paying for this policy, you will need to inform your insurer.
Overall it can be confusing understanding why you need SR-22 cover if you don’t drive. The DMV or a local auto insurer will be able to make it clearer.