SR22 Insurance For Non In New Jersey
Reader’s Question:
I don’t have any car but then one car insurance agent in New Jersey ask me to get SR22 insurance for non-owners. I just don’t get it, how can one have car insurance even without a car and how much more with SR22? Is it really possible to get SR22 even without a vehicle and what does it protect?
Ben
Clifton, NJ
SR22 is a form of certification which shows that you are financially responsible. Usually the state Department of Motor Vehicles requires an insurance company to certify that a driver has the ability to pay for future claims with the required state limit. But if you don’t own any vehicle then you could get SR22 insurance for non-owners which could provide you coverage for liability protection.
Drivers are usually confused why they should get SR22 even if they don’t have any vehicle to insure. But what they don’t understand is that when you get SR22 Insurance for non-owners, it is not protecting the vehicle but instead it protects you, this is the reason why you are still required to carry an SR22. You have to understand that anon-owners liability is not a full coverage, it only covers liability up to the limits purchased which means it only covers the liability of the driver had caused. New Jersey has a rule that if you have a vehicle registered under your name you should not get SR22 Insurance for non-owners. You can only purchase a non-owner policy if you don’t have any vehicle registered under your name but have a vehicle you regularly use. SR22 Insurance for non-owners is a requirement of New Jersey since this is a liability insurance that can protect other people’s injury if you have caused the accident. Take note, this non-owner’s policy doesn’t cover the vehicle you are driving.
Tags: auto liability insurance, car insurance, DMV, SR22 insurance, SR22 insurance for non-owner