Non-Owner SR-22 Insurance Policy in Colorado Springs
You may have heard about the requirement of getting a Non-Owner SR-22 Insurance policy in Colorado Springs. It is not an actual policy, but is a document that an auto insurance company files with the state to show that the driver meets minimum liability coverage regulations. In Colorado, the department of revenue can require this form when you have committed certain traffic violations. This insurance is not really an insurance policy; it is a document that proves that you have enough liability coverage to drive legally.
A non-owner SR-22 insurance policy must meet the minimum auto liability insurance requirements set by the state, though you can purchase one with a higher level of coverage. If you do not own a vehicle, this type of insurance may be required anyway. Usually, you will be required to purchase an SR-22 policy when you’ve committed traffic offenses, such as driving without insurance or having an active license. You may also need this type of insurance if you have a history of traffic violations and other high-risk factors.
When you first apply for SR22 insurance Colorado, you must find an insurance company in your state that will file the SR-22. Many insurers won’t file a SR22 on your behalf, and if they do, you’ll need to find another insurer. You must also pay a fee to your insurer to file your SR-22 with the state. However, this fee is well worth it. This is because the insurance company can offer you a better rate and coverage than you’re paying for your car insurance policy.
When you are convicted of a traffic violation in Colorado, your license will be suspended. Depending on the severity of the violation, you may need to file an SR-22 and non-owner car insurance policy to regain your license. In Colorado, you must have an SR-22 insurance policy for three years. You cannot pause the policy. You must keep it active during the entire time.
Once you have a policy in place, you can change it to an SR-22 owner’s policy. In order to change your policy, you must provide the DMV with certain information about your vehicle, such as the year, make, and model of your car. To make the transition easier, visit the DMV’s website. If you need to get a Non-Owner SR-22 Insurance Policy Colorado Springs, you can contact UltraCar Insurance. They offer competitive rates and fast quotes.
When you need to renew your license, you may be able to choose a Non-Owner SR-22 Insurance policy Colorado Springs. This insurance policy is a great way to keep your license and fulfill the state’s financial responsibility requirements without paying an exorbitant amount. And the best part is, it’s much cheaper than buying a car policy. And because you’re not the owner, you don’t have to worry about a hefty car insurance bill.
If you have a history of traffic violations, you may need to get an SR-22 insurance policy to reinstate your license. Filing the SR-22 form is inexpensive, but the associated violations can significantly increase your car insurance costs. In Colorado, you’ll pay $1,078 per year for a non-owner SR-22 Insurance Policy, compared to $764 for a standard car insurance policy.
The fee to get certified for a Non-Owner SR-22 insurance Colorado Springs is usually less than $25 per driver. The cost of an SR-22 Insurance Policy Colorado Springs will depend on your driving history and other factors, but it is usually between $15 and $39 a month. If you have lapsed coverage, you may need to pay a new fee. You may also have to pay higher insurance quotes if you’ve been driving without insurance.
For more information about Non-Owner SR-22 Insurance Policy in Colorado Springs, visit SR22 Insurance Quote
While it may seem complicated, obtaining an SR-22 insurance policy in Colorado Springs is a simple process. It’s also important to understand what the requirements are for this insurance policy and how long you have to keep it active. While it can be frustrating to get a policy, it is the best option for many drivers. So, why wait? Get a Non-Owner SR-22 Insurance Policy Colorado Springs today!