FR44 Insurance: Everything You Need to Know

FR44 insurance is a type of high-risk insurance typically required by drivers who have been convicted of a DUI/DWI (driving under the influence/driving while intoxicated) offense. It is a type of liability insurance that provides higher coverage limits than standard insurance policies. This article will cover everything you need to know about FR44 insurance, including what it is, who needs it, how it works, and more.

What is FR44 insurance?

FR44 insurance is a type of insurance policy that provides higher liability coverage limits than standard auto insurance policies. It is required by law in some states for drivers who have been convicted of a DUI/DWI offense. The policy provides proof of financial responsibility to the state, as well as covers damages resulting from accidents.

The FR44 certificate is a document that certifies that a driver has the necessary insurance coverage required by law. It is usually filed with the state’s Department of Motor Vehicles (DMV) by the insurance company providing the coverage.

How is FR44 insurance different from SR22 insurance?

FR44 insurance is similar to SR22 insurance, but there are a few key differences. SR22 insurance is also a type of high-risk insurance required for drivers who have been convicted of a DUI/DWI offense. However, unlike FR44 insurance, SR22 insurance is not required in all states. Additionally, the coverage limits required for SR22 insurance are usually lower than those required for FR44 insurance.

Another difference between the two is that FR44 insurance typically requires the policyholder to purchase higher coverage limits for both bodily injury and property damage liability coverage.

Who needs FR44 insurance?

FR44 insurance is typically required for drivers who have been convicted of a DUI/DWI offense. The specific requirements for FR44 insurance vary by state, but in general, it is required for drivers who have been convicted of a DUI/DWI and have had their driver’s license suspended or revoked.

Some states may also require FR44 insurance for drivers who have been involved in a serious accident or have accumulated multiple traffic violations over a certain period of time.

What are the coverage limits for FR44 insurance?

The coverage limits for FR44 insurance vary by state and individual policy. In general, however, the coverage limits for FR44 insurance are higher than those for standard auto insurance policies.

For example, in Florida, the minimum liability coverage limits for FR44 insurance are $100,000 for bodily injury per person, $300,000 for bodily injury per accident, and $50,000 for property damage per accident. These limits are significantly higher than the standard coverage limits required for drivers who have not been convicted of a DUI/DWI offense.

How does FR44 insurance work?

To obtain FR44 insurance, drivers must first purchase a policy from an insurance company that offers this type of coverage. The policy will provide the necessary liability coverage required by law, as well as any additional coverage the driver chooses to purchase.

Once the policy has been purchased, the insurance company will file the necessary FR44 certificate with the state’s DMV. This certificate serves as proof of financial responsibility and insurance coverage.

If the driver is involved in an accident, their insurance company will pay for any damages covered by the policy. However, if the damages exceed the coverage limits of the policy, the driver may be personally responsible for the remaining amount.

How much does FR44 insurance cost?

The cost of FR44 insurance varies depending on several factors, including the driver’s age, driving record, and the state they live in. In general, FR44 insurance is more expensive than standard auto insurance policies due to the higher coverage limits required.

However, some insurance companies may offer discounts or other incentives to drivers who maintain a clean driving record for a certain period of time after a DUI/DWI conviction.

FAQs

Conclusion

If you have been convicted of a DUI/DWI offense, you may be required by law to obtain FR44 insurance. This type of high-risk insurance provides the necessary liability coverage required by law, as well as covers damages resulting from accidents. While FR44 insurance may be more expensive than standard auto insurance policies, it is important to maintain the coverage to avoid additional penalties and fines.