SR-22 Insurance: 5 Things to Keep in Mind When Driving
In the US, there are approximately 6 million car accidents each year. It’s not always possible to resolve these incidents without lasting consequences, though. Some drivers may need to get SR-22 insurance if their reckless driving caused a collision.
Not everyone understands what they should bout it, though. Let’s explore key factors that you need to keep in mind.
1. So, What Is SR 22 Insurance?
SR-22 insurance is a type of liability insurance that high-risk drivers are required to purchase by their state in order to be able to continue driving. This insurance is usually more expensive than conventional insurance and may have a higher filing fee associated with it.
In order to obtain an SR-22, a driver must first purchase a conventional insurance policy and then request that their insurer file an SR-22 certificate on their behalf with the state.
2. What Would Require Me to Have This Type of Policy?
There are a few reasons you might require an SR-22 plan. The most common is that you commit a serious traffic violation, such as a DUI/DWI.
You may also need to get SR-22 insurance if you commit a serious traffic offense, such as reckless driving or driving without insurance. If you have had your license suspended or revoked, you may also require SR-22 insurance in order to have it reinstated.
3. How Long Will I Need SR-22 Insurance?
The length of time you have to maintain SR-22 insurance coverage typically depends on the state in which you live and the reason you were required to get it in the first place.
In most cases, you will need SR-22 insurance for a period of three years. However, if you are convicted of a DUI/DWI, you may be required to maintain SR-22 insurance for up to five years, or even permanently in some states.
4. What Is the Difference Between SR-22 and FR-44 Insurance?
SR-22 and FR-44 insurance are both types of liability insurance that high-risk drivers are required to purchase in order to be able to continue driving. The main difference between the two is that FR-44 insurance covers more than just the driver, it also covers any passengers in the vehicle.
FR-44 insurance is typically required for drivers who have been convicted of a DUI/DWI.
5. How Much Does SR 22 Insurance Cost?
The cost of SR-22 insurance varies depending on the insurer and the state in which you live.
However, you can expect to pay significantly more than you normally would due to your driving history. You can visit here to learn more about where you can find this type of coverage in California.
Understanding SR-22 Insurance Is Easier Than You Think
Although many people may not understand it at first, SR-22 insurance is relatively straightforward.
Be sure to keep the above info in mind so that you can avoid further issues down the road. Looking for other useful info that can help you out in the future? Be sure to check out the rest of our blog!