If you are searching for information on cheap SR22 insurance, it is most likely because you have had your license suspended due to a DUI or DWI. Just dealing with a suspended license alone can be mortifying and debilitating. Whatever your situation is, knowledge is a key factor to getting you legally back on the road, without being financially devastated. The top 5 things you should know about SR22 insurance are, what is it, why do you need it, how much does it cost, how long you need it, and how do you get it.
WHAT is it?
Put as simply as possible, and SR22 is the documentation needed for anyone who has been designated a high risk driver. It’s a document that your insurance company sends to the state to confirm that you have an active policy that meets state liability insurance requirements. It’s also sometimes known as an SR22, or a Certificate of Financial Responsibility, or is sometimes called DUI insurance. For the Commonwealth of Virginia and the State of Florida, you will need an FR-44 filing. This is similar in nature to an SR-22, except it has the additional requirements that the insured carries a minimum of $100,000 liability on the auto policy.
WHY do you need it?
An SR-22 is often required for a driver to reinstate or maintain their driving privileges after certain traffic-related offenses. You can get a suspended license for reasons including:
- Accumulating too many driving record points.
- Getting multiple traffic violationsor speeding tickets.
- Getting a DUI/DWI.
- Failing to appear in court or overdue fees.
- Failing to pay child support.
- Failure to comply with DMV regulations
Getting cheap SR22 insurance is the easy part, but having your license suspended automatically classifies you as a “higher risk” driver. This means you probably will pay higher premiums than someone who does not require an SR-22 filing. The ripple effect on your auto insurance premiums will vary depending on the circumstances and your overall driving record.
HOW long do you need it?
The DMV ultimately determines when and if your driver’s license may be reinstated, but typically SR22 insurance is only required for 3 years. Once you’ve fulfilled your requirements you’ll be able to renew your insurance without the SR22 document. During the three year time period it is very important to make all your insurance payments on time, and to keep your driving record clean. Any lapse in payment additional driving infractions will require you to start the whole process over again from the beginning.
HOW to get it?
The filing cost is not expensive, usually $20-$40, however, you cannot submit this form on your own. You must go through your insurance company, so if you already have an insurance carrier, let them know right away that you need SR22 insurance. They will help you with the documentation and then file it electronically with the DMV. In order to obtain an SR22 filing, you must purchase minimum liability coverage on all vehicles registered to you if you don’t already have it. A suspended driver’s license may also have other requirements, depending on which state you live in. The state will likely require you to:
- Refrain from driving for a period of time
- Pay a reinstatement fee
- Install an ignition interlocking device.
- Get an SR22 from your insurance company.
- Take a defensive driving course or traffic school.
There is a theory and a purpose behind all the requirements of SR22 insurance, especially if it is due to a DUI. Statistics show that drivers who drive drunk are likely to repeat this offense. Since drunk driving has potentially destructive and life-threatening consequences, the higher liability provides financial help to the victims if the DUI driver hits another car and causes injury. Hopefully you will never find yourself in the position to need an SR-22 or FR-44 insurance filing. Prevent the worst from happening by never get behind the wheel, even if you have only had one drink, and never drive without insurance. A good driving record is the best way to get cheap car insurance.