Looking for an SR22 insurance guide that makes the facts clear?
Cheap SR22 quotes are hard to come by because the SR22 only applies to a very small fraction of drivers. Drivers who have been found responsible for a serious traffic violation are designated “high risk” and required to hold the SR22 as a condition of continuing to drive.
If you’re in this situation, it can be tough to find an SR22 insurance guide that makes sense.
At Cheap Insurance, we understand just how important it is to find cheap SR22 quotes. The right quote can save you hundreds of dollars a year, especially since SR22 can be very expensive. Our team is here to help – so here are the top questions on SR22 insurance and their answers.
What is SR22?
Although you’ll often find it referred to as “SR22 insurance,” “SR22 car insurance,” or “SR22 auto insurance,” the SR22 name doesn’t actually specify a whole separate insurance policy. Instead, most states use the term “endorsement” or “certificate of financial responsibility.”
The SR22 itself is a special document provided by your insurance company that demonstrates you have liability coverage on your insurance policy. Your car insurance must meet the minimum requirements laid out by the laws of your state. In some cases, a court may order you to hold additional car insurance.
The SR22 certificate is filed with your state as proactive proof that you have met these requirements.
How Do You Get SR22?
Much of the time, SR22 simply serves as evidence that you have a car insurance policy that meets your state’s minimum standards. Despite that, “SR22 insurance” is often very expensive. Car insurance companies have the power to charge SR22 drivers hundreds or even thousands of dollars more than other motorists.
If you are required to hold SR22 for any reason, a court will let you know.
Do all car insurance companies offer SR22? Unfortunately, the answer is no. Many smaller companies do not offer it, or provide it only at very high rates. Still, you should buy SR22 car insurance as soon as possible and make sure you have your auto insurance card handy whenever you drive.
If your vehicle has been impounded or its registration suspended as a result of a traffic conviction, you won’t be able to retrieve it or reinstate the registration until you have your SR22 ready. You might need to ask for cheap SR22 quotes from many different providers before you find one that is really affordable.
Who Is Required To Have SR22?
No SR22 insurance guide would be complete without discussing who is actually required to hold it.
The SR22 car insurance endorsement is common for:
- Drivers convicted of Driving While Intoxicated (DWI) or Driving Under the Influence (DUI)
- Anyone who has been found responsible for a serious vehicle offense, such as a hit and run
- Individuals who engage in repeated traffic offenses, even if individual incidents are minor
- Motorists found to be uninsured or under insured at the time of an accident they caused
- Anyone who has had their driving privileges suspended temporarily due to a court order.
SR22 is one of the crucial reasons why you need to have car insurance at all times. People all over the country have risked driving without insurance and gotten into an accident, only to find that they pay two or three times as much as they would have for a standard car insurance policy.
Plus, without car insurance you are not protected from liabilities arising from an accident. You may be sued by another driver. In “no fault” car insurance states, failing to hold Personal Injury Protection (PIP) insurance means you will not have any coverage for your medical bills, lost wages, and other accident costs.
If you fail to get SR22 after being ordered to do so, penalties are very severe and can even include jail time.
How Long Are You Required To Hold SR22?
Rules about how long you need SR22 car insurance endorsements vary by state.
Courts often have broad leeway to impose the SR22 restriction and to remove it. That said, you will generally be required to hold it for about three years from the date of conviction or from the date of the qualifying accident.
Many states receive a notification directly from the insurer if you close your car insurance policy or fail to pay and lose your coverage. The only circumstance where you might be allowed to close your SR22 early is if you no longer drive at all.
We hope this SR22 insurance guide helps you understand the situation better than ever. Here at Cheap Insurance, you can compare SR22 insurance rates from dozens of companies, helping you find the best bargain.
You can get started right now or contact us for more information.