The world of auto insurance is filled with terms and policies that can often be confusing. One such term that frequently raises eyebrows is "SR22 Insurance." If you're scratching your head, wondering what this insurance entails, you're not alone. Here are some of the most common questions people have about SR22 insurance.
What is SR22 Insurance?
SR22 isn't actually a type of insurance. Instead, it's a certificate verifying that you hold auto insurance and that it meets your state's minimum liability requirements. This certificate is often required for drivers who have had certain violations like a DUI or driving without insurance.
Why Would You Need an SR22?
Typically, an SR22 is required for drivers who've had run-ins with the law related to their driving habits. Common reasons include DUI or DWI convictions, at-fault accidents without insurance, repeat traffic offenses in a short timeframe, or a revoked or suspended license.
How Do You Obtain an SR22?
Your insurance company files the SR22 form on your behalf. When you're informed that you need an SR22, contact your insurer to start the process. It's essential to know that not all insurance companies offer SR22s, so you might need to switch providers.
How Long Do You Need to Carry an SR22?
The duration varies from state to state, but typically, you'll need to maintain continuous SR22 insurance for about three years. This duration can be longer or shorter based on the severity of the violation and whether you commit additional offenses during this period.
Does an SR22 Make My Insurance More Expensive?
The SR22 itself carries a filing fee, which isn't exorbitant. However, the violation that led to the need for an SR22 likely will increase your premiums. For example, a DUI conviction tends to drive up insurance costs substantially.
Can You Get an SR22 If You Don't Own a Car?
If you don't own a car but need to drive occasionally, you'd get what's called a "non-owner" SR22 policy. It covers you for vehicles you may drive but don't personally own.
What Happens if You Cancel My SR22 Early?
Canceling your SR22 insurance before your mandated period ends can have consequences. Your insurance company is obligated to inform the state if your SR22 lapses, which could result in a license suspension. It's crucial to maintain the required insurance for the entire duration specified by the court or state.
An SR22 may feel like a burden, especially if you're dealing with the fallout of a driving violation. However, understanding the ins and outs of this certificate can make the process smoother. Always communicate openly with your insurance provider and ensure you meet all requirements to avoid further complications down the road.
Contact an SR22 insurance service provider to learn more.Share