Most people don’t know about SR22 insurance because they don’t need it at all. In fact, you’ll never need one if you obey all the traffic laws and never let your auto insurance lapse. Although an SR22 is only necessary under certain circumstances, you might need it if you will be driving to work, on a road trip, or driving anywhere else — because it is a required by law.
So what is SR22 Insurance? For one thing, it’s not actually a type of insurance at all. That’s something of a colloquial misnomer, since the idea of insurance is to cover you against some type of potential loss. In actuality, an SR22 is a Certificate of Financial Responsibility (CFR). It is filed by your car insurance company with the DMV to verify that you have maintained your car insurance. If you are required to get SR22, you should shop for the best sr22 insurance quotes from an insurance company.
Here are some answers to 7 frequently asked questions about SR-22 insurance:
- Why Do You Need It?
You will only be required to carry it, if you were an at-fault driver in an accident and could not show proof of car insurance. In other words, you were caught by a police officer for driving without car insurance.
Other circumstances when you might be required to get SR 22 insurance include the following:
- 1. If you are caught driving under the influence and convicted of a DUI or DWI.
- 2.If you are found guilty of any other moving violations.
- 3.If you have repeated traffic offenses.
- 4.If you have a number of tickets in a short period of time.
- 5. If you’re driving despite having your license suspended.
- How much does it cost?
The cost varies from one state to another. On average, a car insurance company will charge you a fee from $15 to $25 for filing. However, before you get it, you’ll need to buy an auto insurance policy first; and, of course, your insurance rate will be based on basic policy decisions to determine cost. Chances are that your rate will be higher than the average driver because the fact that you had to get SR22 already qualifies you as a risky driver.
- How do you choose the right insurance company?
The best way to find the right insurance company for your auto insurance and SR22 is to do your due diligence and shop around. Assess the insurance company’s quality of service and their reputation. Also, understand what type of coverage you get for your premiums. In order to avoid a scam, bear in mind that only an insurance company can assist you in getting an SR-22 and only a company that is registered with the state has the legal right to issue one.
- What happens if you move to another state?
If you move from one state to another, you will not be exempt from the SR-22 insurance requirements of the previous state you lived in. You must also maintain the same level of liability coverage of your former state.
- How long do you need to carry SR-22 insurance?
Generally speaking, most states will require you to maintain your SR-22 for at least 3 years. During that time you must have maintained continuous car insurance coverage.
- What happens if your car insurance lapses?
If your insurance lapses, or if you cancel it, then your insurance company will notify the Department of Motor Vehicles. This will happen automatically because an insurer is legally obligated to report a lapse or cancellation of insurance. As a result, the DMV will suspend your driver’s license.
- Is there a way you can avoid getting it?
Once the law requires you to get SR-22, there is no option for avoiding it. You cannot appeal to have a court order reverse it and there are no legal loopholes for a waiver.
The best way to avoid being required to get an SR-22 insurance is to be a safe and responsible driver. This means never drinking or taking an intoxicating substance when driving, avoiding moving violations, and never driving if your license is suspended or if you can’t afford minimum car insurance coverage.