How Does SR22 Insurance Work?

If you’ve been convicted of a serious traffic violation or have been caught driving without insurance, you might be required to get SR22 insurance. But what exactly is SR22 insurance? How does it work? In this article, we’ll explore the ins and outs of SR22 insurance and answer some common questions you may have.

What is SR22 Insurance?

SR22 insurance is a type of auto insurance that’s required by some states for drivers who have been deemed high-risk. The “SR” stands for “safety responsibility,” and the 22 refers to the form that’s filed with the state. The form verifies that the driver has the required minimum amount of insurance coverage for their state.

Not all states require SR22 insurance, but those that do may require it for a variety of reasons. These may include:

How Does SR22 Insurance Work?

When you’re required to get SR22 insurance, your insurance company will file the necessary form with the state on your behalf. This form verifies that you have the required amount of insurance coverage and that you’ll maintain that coverage for a certain period of time.

The length of time you’re required to carry SR22 insurance varies depending on the state you live in and the reason for the requirement. In most cases, you’ll need to maintain SR22 insurance for at least three years.

During this time, you’ll need to keep your insurance policy in good standing. This means making your payments on time and avoiding any lapses in coverage. If you let your coverage lapse, your insurance company is required to notify the state, and your driving privileges may be suspended.

How Much Does SR22 Insurance Cost?

The cost of SR22 insurance varies depending on a variety of factors, including your age, driving record, and the state you live in. In general, you can expect to pay more for SR22 insurance than you would for a standard auto insurance policy.

This is because drivers who require SR22 insurance are typically considered high-risk, meaning they’re more likely to get into accidents or be involved in other traffic violations. As a result, insurance companies may charge higher premiums to offset this risk.

If you’re required to get SR22 insurance, it’s important to shop around and compare quotes from different insurance providers. Some insurance companies specialize in high-risk drivers and may be able to offer you a better rate than others.

FAQ

Do I need SR22 insurance in every state?

No, not every state requires drivers to have SR22 insurance. Check with your state’s Department of Motor Vehicles to find out if it’s required where you live.

How long do I need to carry SR22 insurance?

The length of time varies depending on the state and the reason for the requirement. In most cases, drivers need to carry SR22 insurance for at least three years.

What happens if I let my SR22 insurance lapse?

If you let your SR22 insurance lapse, your insurance company is required to notify the state. Your driving privileges may be suspended, and you may face fines or other penalties.

Can I get SR22 insurance if I don’t own a car?

Yes, you can usually get a non-owners SR22 insurance policy if you don’t own a car but still need to meet SR22 requirements.

Is SR22 insurance more expensive than regular auto insurance?

Yes, SR22 insurance is often more expensive than regular auto insurance because drivers who require SR22 insurance are considered high-risk.

Conclusion

If you’re required to get SR22 insurance, it’s important to understand how it works and what’s required of you. By maintaining your coverage and driving responsibly, you can fulfill your requirements and get back on the road with peace of mind.