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Car Insurance Question  I am required to carry an SR22 in Ohio. I was wondering if this was enough insurance to purchase a car loan for either a new used vehicle or a brand new one? If not, is it possible to carry the SR22 and full coverage at the same time so that I may be able to purchase a new car?

The insurance required for an Ohio SR-22 certificate is state liability and not physical damage coverages of collision and comprehensive that most financial institutes will require you to have on a vehicle if you have a loan or lease to pay on whether the car is a new used one or brand new one.

You should be able to talk to your insurance agent about carrying the required insurance for the SR-22 plus the physical damages coverages that would be required by a lien holder when you buy a car. You should be able to obtain both types of coverages to maintain what the state and lien holder will require of you.

If you cannot get both types of coverages with your current insurance provider you can click here for a car insurance quote.

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This car insurance question was asked on 3/19/2007
This auto insurance answer was last updated on 3/20/2007
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