Although it varies from state to state, car insurance companies will typically charge a nominal fee of $15 to $25 for filing an SR-22 form. If you need an SR-22 it is probably because you have had your license suspended for a DUI, too many tickets, or not having insurance at all. If you don’t already have it, you will first need to purchase an auto insurance policy, and then your insurance company will file the SR-22 for you. An SR-22 is a form that verifies the purchase of vehicle insurance coverage required by the state in order to reinstatement your driving privileges. The more accurate cost of SR-22 insurance is how it changes your good driver status. Car insurance companies generally consider drivers who need an SR-22 riskier to insure, so your car insurance rates will likely reflect your high risk status. Your car insurance rate will be determined based on all the factors that are standard considerations for rating a policy, so it is important to shop around for the best cheap SR-22 insurance you can find.
Depending on the state that you live in, an SR-22 may be referred to by any of the following descriptions;
- SR-22 Form
- SR-22 Certificate
- SR-22 Bond
- SR-22 Filing
- SR-22 Insurance
- SR-22 Certificate of Financial Responsibility
In most cases you must retain both the SR-22 and your insurance policy for approximately three years. If your insurance policy lapses, your insurance company is obligated by law to notify the Department of Motor Vehicles office. Your license will then be suspended again, until your insurance has been reinstated. Each time you have your license suspended it will be more difficult to afford the basic auto insurance coverage that is required by the state.
How To Get Cheap SR-22 Insurance
It is very important to take the 3 year term that you have to carry the SR-22 insurance seriously. Do everything you can to maintain your insurance coverage and keep your driving record clean. If you license was suspended because of a DUI, you may be able to reduce your probationary time period by installing an ignition interlock device on your car. This device will tell you if your blood alcohol level is above the legal limit, and then you can make the wise choice of getting an Uber or calling a friend for a ride.
SR-22 is more accurately defined as a type of proof of insurance, not insurance. If you remain violation- and incident-free within the specified time, you will likely be eligible to purchase cheap car insurance at the typical costs not associated with high risk driving. A good insurance company can help you acquire the proper documentation, obtain an affordable auto insurance policy, and get you back out on the road in the shortest time possible.
In terms of automobile insurance price, the SR-22 itself does not make your vehicle insurance higher, however the prerequisites for needing SR-22 insurance are usually factors that lead to higher automobile insurance costs. In other words it all depends on your driving record and the state that you live in. People who need cheap SR-22 insurance typically fall outside of the “Good Driver” discount incentives advertised by auto insurance companies. However, if you think you are out of options because you have been labeled a high risk driver, don’t give up. Not only is cheap car insurance for less than perfect drivers affordable, but it is also convenient.
You can get a quote for auto insurance and cheap SR22 insurance at the same time, right from your computer. You may even be allowed to budget your premium into monthly payments if that works better for you. After the 3 years have passed, and you have driven without any additional penalties by the state, the SR-22 requirement may be lifted. It is a good idea to get an updated quote every year. The more time that passes after your SR-22 insurance requirements have been met, the more discounts you may qualify for.