SR22 Insurance
An SR-22 is a certificate of financial responsibility that is required by certain states for individuals who have been convicted of specific driving violations, such as DUIs or driving without insurance. This document is provided by an individual’s insurance company and verifies that the individual has the minimum required auto insurance coverage. The insurance company will then file the SR-22 form with the state’s Department of Motor Vehicles on behalf of the policyholder. If the individual’s insurance policy lapses or is canceled, the insurance company is obligated to notify the state, which can result in the individual’s driving privileges being suspended.
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Having an SR-22 can result in higher insurance premiums due to the increased risk associated with the driver’s history. The cost of the SR-22 itself is typically minimal, ranging from $15 to $25, but the impact on insurance rates can be significant. The main difference in coverage with an SR-22 is that it’s a certificate of financial responsibility proving the driver has the state-required minimum liability insurance. This means the driver is meeting their legal obligations but may have to pay more for coverage due to the higher risk they pose to the insurance company.
Who Is Required To Get An SR22 And Why?
First and foremost, individuals who have been convicted of certain driving offenses such as DUIs or DWIs are often required to get an SR22. These offenses are serious and indicate to the state that the driver is a high-risk individual who needs to demonstrate financial responsibility by carrying proper insurance.
Another category of people who may need an SR22 are those who have been caught driving without insurance. If you’ve been pulled over and found to be uninsured, you may be required to file an SR22 to prove that you now have the necessary coverage.
Individuals who have been involved in at-fault accidents without insurance or with inadequate insurance coverage may also find themselves needing an SR22. This requirement is meant to ensure that these drivers are financially responsible in case of future accidents.
If your driver’s license has been suspended or revoked due to traffic violations or other infractions, you may need to get an SR22 before you can have your driving privileges reinstated. This is a way for the state to monitor your insurance coverage and ensure that you are meeting their requirements.
How Long Do You Need To Have An SR22?
If you’re wondering how to no longer need an SR22, the most common way is to maintain a clean driving record and keep your insurance coverage up to date. Typically, you’ll need to carry an SR22 for a specified period, usually around three years, without any further incidents before you can request to have the requirement lifted.
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