Named non-owner SR22 policies provide coverage when you are operating another person’s vehicle. Non-owner policies are meant for individuals that do not own or regularly operate any vehicle. It is important to know the differences of a non-owners policy and a regular auto insurance policy. Named non-owners policies do not provide any physical damage coverage for the actual vehicle you are operating. If you were to get into an accident and damage the vehicle you are operating, the damage would not be covered. The owner of that vehicle should also have the vehicle insured to provide physical damage coverage. It is also important to understand that most non-owner policies do not provide any PIP or Medical payments coverage if you are injured in an accident. It is also important to note that non-owner policies are excess over the primary insurance policy on the vehicle. Non-owners policies only provide coverage for YOUR liability of bodily injury or property damage. If you are regularly operating any vehicle you should have a regular SR22 policy not a non-owners policy. Non-Owner policies do not provide any coverage for any vehicle inside the household, owned by a relative, or any vehicle you have regular use of. If you have any questions about this type of coverage please feel free to give our office a call.
Florida Non-Owners SR22 Insurance FAQS
Is SR22 insurance separate from my auto insurance? No, if you own a vehicle you should have the vehicle and the SR22 on the same policy. Non-Owner SR22 policies are for people who do not own or regularly operate a vehicle.
Are SR22 policies required to be paid in full in Florida? In some rare cases SR22 are required to be paid in full. In most cases you can make monthly payments on your SR22 policy.
How much do non-owner SR22 policies cost? Non-Owner SR22 policies rage in price based on your driving record, location of residence, claims history and many other factors. In most cases non-owner SR22 policies are affordable and cost less than a regular auto insurance policy because they provide less coverage.
How long am I required to carry SR22 insurance? The length of your SR22 requirement is determined by the DMV. You can contact your local DMV to find out exactly how long your SR22 is required for.
Why am I required to have SR22 insurance if I do not have a vehicle? The State of Florida wants to make sure that if you operate another person’s vehicle you have coverage if you injure someone or cause property damage.
What if I purchase a vehicle while I have a non-owners policy? If you purchase a vehicle your policy would need to be rewritten to a regular SR22 auto insurance policy that includes coverage for the vehicle. Your non-owners policy would not provide any coverage for the vehicle at all.
Will non-owners SR22 insurance provide coverage for my medical expenses? In most cases non-owner policies do not provide coverage for your medical expenses if you are in an accident. Uninsured motorist coverage can be added to a named non-owner policy for additional premium.
Please note this post is just intended to be a guide. You should consult with your agent and read your policy for full coverage details.