Reader’s Question:

I have an SR22 insurance in Hamilton, Ohio. I am planning to buy a car loan for a used car and I would like to know if this SR22 insurance is enough? Can I also have physical damage liability along with my SR22 insurance if I am going to buy a new car?

John

Hamilton, OH

The SR22 insurance certificate that you have in Hamilton, Ohio is a state liability and most lien holders would require that you have physical damage liability of collision and comprehensive coverage if you have a loan or lease on the vehicle, regardless if the vehicle that you are trying to purchase is new or used.

I suggest that you speak with your car insurance company in Hamilton, Ohio if you could carry physical damage liability of collision and comprehensive that is being required by the lien holder along with your SR22 insurance that you currently have. I believe that you would be able to acquire the physical damage liability and SR22 insurance to satisfy what the lien holder and the state requires you to have.

You can always shop around for car insurance company if your current insurance carrier will not allow you to have both.

Tags: auto insurance, collision insurance coverage, comprehensive insurance coverage, sr22 insurance