SR22 Insurance Cheap: What You Need to Know

If you’ve been convicted of a DUI or other serious driving offense, you may be required to obtain SR22 insurance in order to legally drive. This type of insurance can be expensive, but there are ways to find affordable options. In this article, we’ll explore the ins and outs of SR22 insurance and provide tips for finding cheap rates.

What is SR22 Insurance?

SR22 insurance is a type of insurance that’s required for drivers who have been deemed high-risk by their state’s Department of Motor Vehicles (DMV). This can happen for a variety of reasons, but the most common is a conviction for driving under the influence (DUI). When you’re required to get SR22 insurance, you’ll have to pay a higher premium to your insurance company in order to ensure that you have enough coverage.

The SR22 form itself is not actually insurance, but rather a certificate that proves you are carrying the required insurance coverage. You’ll need to get the certificate from your insurance company and send it to your state’s DMV in order to legally drive.

What Does SR22 Insurance Cover?

SR22 insurance coverage is the same as regular car insurance. Depending on the policy you choose, it can cover liability, collision, and comprehensive coverage. Liability coverage is required by law in most states and covers damages to other people or property if you’re at fault in an accident. Collision coverage is optional and covers damages to your own vehicle in an accident, while comprehensive coverage is also optional and covers non-collision damage like theft or vandalism.

Why is SR22 Insurance So Expensive?

SR22 insurance is more expensive than regular car insurance because it’s considered high-risk. When you’re required to get SR22 insurance, you’ve already been convicted of a serious driving offense like a DUI or reckless driving. This means that you’re statistically more likely to get into another accident in the future, which makes you a higher risk for insurance companies. In order to offset this risk, insurance companies charge higher premiums for SR22 insurance.

How Can I Find Cheap SR22 Insurance?

While SR22 insurance can be expensive, there are ways to find affordable options. Here are some tips:

1. Shop Around

Don’t just go with the first insurance company you find – shop around and compare rates from several different companies. Each insurance company calculates rates differently, so you may be able to find a better deal by doing some research.

2. Look for Discounts

Many insurance companies offer discounts for things like safe driving, multiple policies, and good grades. Make sure to ask your insurance company about any discounts you may be eligible for.

3. Consider Raising Your Deductible

A higher deductible means you’ll have to pay more out of pocket if you get into an accident, but it also means you’ll pay less in monthly premiums. Consider raising your deductible to lower your monthly payments.

4. Drive a Cheaper Car

Insurance rates are often higher for more expensive cars. If you can, consider driving a cheaper car to lower your insurance costs.

5. Improve Your Driving Record

While this may not be an immediate solution, improving your driving record over time can help you qualify for lower insurance rates in the future. Drive safely and avoid getting any more tickets or convictions.

FAQ

What Happens If I Don’t Get SR22 Insurance?

If you’re required to get SR22 insurance and you don’t, you’ll likely face serious consequences like having your driver’s license suspended or even facing jail time. Make sure to get the required insurance coverage so that you can legally drive.

How Long Do I Need to Have SR22 Insurance?

The length of time you need to have SR22 insurance varies depending on your state and the reason you’re required to have it. In most states, you’ll need to carry SR22 insurance for at least 3 years, but it could be longer.

Can I Cancel My SR22 Insurance?

You technically can cancel your SR22 insurance, but doing so could have serious consequences like having your driver’s license suspended. Make sure to talk to your insurance company and the DMV before canceling your policy.

Can I Switch Insurance Companies While Carrying SR22 Insurance?

Yes, you can switch insurance companies while carrying SR22 insurance. Just make sure that your new insurance policy meets the SR22 requirements in your state and that you don’t have any lapses in coverage.

Conclusion

SR22 insurance can be expensive, but it’s a requirement if you’ve been convicted of a serious driving offense. By shopping around, looking for discounts, and making smart choices like driving a cheaper car, you can find affordable options for SR22 insurance. Make sure to get the required coverage so that you can legally drive and avoid further consequences.