By

John Davey

Updated

November 15, 2023

Edited By

Fausto Bucheli Jr
red ford mustang close up headlight
image credit - Vraj Shah

An SR-22 quote is an estimate on the costs to secure a certificate of financial responsibility that is required by some states for drivers who have been convicted of certain traffic violations, such as driving under the influence (DUI) or driving without insurance. An SR-22 quote proves to the state that you have the minimum required amount of liability insurance.

Key Takeaways:

  • An SR-22 quote is an estimate for a certificate of financial responsibility that is required by some states for drivers who have been convicted of certain traffic violations.
  • There are four main types of SR-22 quotes: owner, non-owner, operator, and fleet.
  • To choose the right type of SR-22 insurance quote for you, consider the type of vehicle you drive, your driving record, and your credit score.
  • To get the best SR-22 insurance quote, shop around, ask for discounts, and consider bundling your policies.
  • If you can’t find the type of SR-22 insurance quote you need, contact a high-risk insurance company.

What are the different types of SR-22 quotes?

There are four main types of SR-22 quotes:

  • Owner SR-22 quotes: Owner SR-22 quotes are for drivers who own their own car.
  • Non-owner SR-22 quotes: Non-owner SR-22 quotes are for drivers who do not own a car but need to meet their state’s SR-22 requirements.
  • Operator SR-22 quotes: Operator SR-22 quotes are for drivers who operate commercial vehicles.
  • Fleet SR-22 quotes: Fleet SR-22 quotes are for businesses that own or operate multiple vehicles.

How to choose the right type of SR-22 insurance quote for you

To choose the right type of SR-22 insurance quote for you, you need to consider the following factors:

  • The¬†type of vehicle¬†you drive: If you own a car, you will need an owner SR-22 quote. If you do not own a car but need to meet your state’s SR-22 requirements, you will need a non-owner SR-22 quote. If you operate commercial vehicles, you will need an operator SR-22 quote. If you own or operate multiple vehicles, you may need a fleet SR-22 quote.
  • Your¬†driving record: If you have a poor driving record, you may pay more for SR-22 insurance.
  • Your credit score:¬†Your credit score¬†can also affect your SR-22 insurance rates.

Tips for getting the best SR-22 insurance quote

Here are some tips for getting the best SR-22 insurance quote:

What are the benefits and drawbacks of each type of SR-22 insurance quote?

Here are some of the benefits and drawbacks of each type of SR-22 insurance quote:

Owner SR-22 quotes

  • Benefits: Owner SR-22 quotes are typically the most affordable type of SR-22 insurance quote.
  • Drawbacks: Owner SR-22 quotes only cover vehicles that you own. If you frequently drive other vehicles, such as¬†rental cars¬†or borrowed cars, you will need to purchase additional insurance coverage.

Non-owner SR-22 quotes

  • Benefits: Non-owner SR-22 quotes are typically less expensive than owner SR-22 quotes.
  • Drawbacks: Non-owner SR-22 quotes are only secondary coverage. This means that if you are in an accident while driving a borrowed car, the car owner’s insurance will pay first. Your non-owner SR-22 insurance will only pay for any remaining damages.

Operator SR-22 quotes

  • Benefits: Operator SR-22 quotes are designed to cover commercial vehicles. This means that they typically offer higher liability limits than other types of SR-22 insurance quotes.
  • Drawbacks: Operator SR-22 quotes are typically more expensive than other types of SR-22 insurance quotes.

Fleet SR-22 quotes

  • Benefits: Fleet SR-22 quotes can be more affordable than purchasing individual SR-22 quotes for each vehicle in your fleet.
  • Drawbacks: Fleet SR-22 quotes can be complex and difficult to understand. It is important to work with an experienced insurance agent to make sure that you have the right coverage.

What are some common mistakes to avoid when choosing an SR-22 insurance quote?

Here are some common mistakes to avoid when choosing an SR-22 insurance quote:

  • Not shopping around: It is important to get quotes from multiple insurance companies before you choose a¬†cheap car insurance¬†policy. This will help you ensure that you are getting the best possible rate.
  • Not asking for discounts: Many insurance companies offer discounts for things like safe driving records and good credit scores. Be sure to ask your insurance agent about any available discounts.
  • Not considering bundling your policies: If you have other insurance policies, such as homeowners insurance or renters insurance, you may be able

What are some ways to reduce the cost of your SR-22 insurance quote?

Here are some ways to reduce the cost of your SR-22 insurance quote:

  • Improve your driving record: The longer you go without a traffic violation, the lower your SR-22 insurance rates will be.
  • Raise your credit score: Insurance companies use your credit score to help determine your rates. By raising your credit score, you can qualify for lower SR-22 insurance rates.
  • Bundle your policies: If you have other insurance policies, such as homeowners insurance or renters insurance, you may be able to get a discount by bundling them with your SR-22 insurance policy.
  • Shop around: Compare quotes from multiple insurance companies before you choose a policy. This will help you ensure that you are getting the best possible rate.

What should I do if I can’t find the type of SR-22 insurance quote I need?

If you can’t find the type of SR-22 insurance quote you need, you may need to contact a high-risk insurance company. High-risk insurance companies specialize in providing car insurance to drivers with poor driving records or other high-risk factors.

woman on smart phone looking at computer monitor
image credit - Karolina Grabowska

Conclusion

If you need an SR-22 insurance quote, it is important to do your research and compare quotes from multiple insurance companies to get the best possible rate. There are a number of factors that can affect your SR-22 insurance rates, such as your driving record, credit score, and the type of vehicle you drive. By understanding the different types of SR-22 insurance quotes and the factors that affect your rates, you can choose the right policy for your needs and budget.

Here are some additional tips for choosing an SR-22 insurance quote:

  • Read the fine print: Be sure to read the fine print of your SR-22 insurance policy carefully before you sign it. This will help you understand your coverage and any exclusions.
  • Ask questions: If you have any questions about your SR-22 insurance policy, be sure to ask your insurance agent.
  • Keep your policy up to date: Make sure to renew your SR-22 insurance policy on time. If your policy lapses, you may be required to pay a reinstatement fee.