Auto insurance is something that people purchase for protection for their vehicles, but there are times when people also purchase auto insurance even when they do not have cars, and this includes SR-22 insurance coverage. If you find out that you need SR-22 but do not own a vehicle at this time, you will still need to buy insurance, and here are some important things to understand about this.
SR-22 Is Just Proof of Insurance
The first thing to know about SR-22 insurance is that it is actually proof of auto insurance coverage and is not really coverage on its own. To get the SR-22 proof, you would need to purchase an auto insurance policy from a company that offers SR-22 products. When you do this, they will file the form SR-22 with the state you live in, and this will instantly notify the DMV about your coverage.
The Policy You Choose Is Based on Your Circumstances
Secondly, because you need to purchase auto insurance in order to get the form SR-22, you can purchase a policy that covers your unique circumstances. If you have a car, you can purchase the coverage for the car you own. If you do not have a car, you can purchase a policy called a non-owner policy. This type of policy is specifically designed for people who do not own cars, and that is why it is called a non-owner policy. This policy will protect you if you borrow someone's car, and it will likely cost less for you as it will not be covering a specific car. It would only cover you driving someone else's car.
Why You Need the Coverage
The other important thing to know is that, in most cases, people who need SR-22 will need it in order to either get their driving privileges reinstated or to keep their driving privileges. If you were charged with a DUI, for example, the only way you might be able to continue driving with a valid license might be to purchase SR-22 auto insurance. If you fail to do this, you would lose your license or have no way to get it reinstated if it was already revoked or suspended.
In any case, when you are told to get SR-22 insurance, you will need to get it whether you have a car or not. You can learn more about it or receive quotes for coverage by talking to an auto insurance agent.