When you’re asked to carry SR-22 insurance to drive, a lot of questions probably enter your mind. Although all Ohio drivers are required to carry some kind of insurance to protect themselves and others on the road, SR-22 bonds are specific requests. If you’re interested in learning more about the process involved in obtaining this insurance and the options available to you, our SR-22 Bond of Ohio team can help.
Take a look at the three SR-22 options available to you below.
An owner certificate is the first type of coverage available for drivers. Often, this form of insurance is used by people who own their vehicle and drive it regularly. This form of coverage will create a policy for either one or all of the vehicles that the person owners. Regardless, all of the covered vehicles are documented on the SR-22 owner certificate.
It’s important to understand that when you purchase an owner certificate you’re limited to driving the vehicle that is specifically covered by the insurance policy. If you borrow another person’s vehicle, the SR-22 owner certificate will not cover it, which means in doing so you violate your insurance requirement.
Non-Owner SR-22 Insurance Certificate
Not everybody owns their own vehicle. Luckily, non-owner SR-22 insurance allows such individuals to occasionally drive a vehicle that is owned by other people. But this type of insurance isn’t equal to coverage on the vehicle you’re driving—the owner must purchase their own. In addition, this form of insurance does not cover vehicles that are used regularly.
Operator’s Owners Certificate
Often the most expensive form of insurance, the owners-operators SR-22 certificate also comes with the least amount of restrictions. Investing in this kind of insurance is essentially purchasing a combination of the previously discussed policies, which allows you to drive your vehicle as well as other people’s when needed. At the end of the day, the Ohio SR-22 insurance that you need depends on your unique driving experience. Whichever you decide to invest in, be sure that your policy is accepted prior to driving. Contact the SR-22 Bond of Ohio team