Keeping SR22 insurance rates low
When a state agency determines that you need to file an SR22 form you will want to do everything you can to get cheap sr22 insurance rates. DMV will require you get the SR22 insurance to reinstate your driver’s license and will also require you keep the sr22 insurance for the next three years. You already know that this insurance will cost more than regular coverage, but how can you keep your monthly payments down read on to find out strategy’s to keep your SR22 insurance rates low ?
Consider an Older, Used Car, For Cheap sr22 Insurance Rates
Generally speaking, the monthly premiums for newer cars will cost more because the repair expenses are higher for these vehicles. One way to keep your SR22 insurance policy costs down is to drive an older model car and consider not carrying comprehensive coverage to cut down the rates.
If you don’t have an old car, it may be a good idea to invest in one and drive that until your SR22 status expires, which takes about three years on average, and you are able to file for regular car insurance again. Check with your insurance carrier first to find out if there are significant savings by doing this.
Drive Only To and From Work
In some cases, insurance carriers will lower your rates if you keep your driving activities to a minimum, like only driving to and from work or driving on a very restricted schedule. This reduces your chances of getting into an accident. Ask your agent or broker about this.
If your car is an older model and you are not particularly worried or concerned about minor damage to it, you may want to opt for liability insurance.
Liability coverage means the insurance policy will pay the other party for accident costs resulting from damage to property and bodily injury to those involved in the collision if you are at fault. There are minimum coverage requirements that vary from state to state that you will have to meet. Check with your agent to find out what these are.
During your SR22 insurance status, it pays, literally, to drive safely and carefully. Any accidents that you are at fault for will raise your car insurance rates. The extra precaution and care you take will pay off in the long run by keeping your insurance premiums stable.
Shopping For Cheap sr22 Insurance Rates
Your present insurance agent may have handled your car insurance in the past, but this doesn’t necessarily mean that you’ll be receiving good rates for SR22 insurance.
Try to get a good scope of the land by shopping around for different rates. This can be done by visiting E-SR22Filing.com a online SR22 insurance provider that compares costs. You can click HERE and get a SR22 insurance rate from them and they will shop their multiple companies to find a you the lowest price.
They will not only provide you with a good selection of qualified insurance carriers, but that will also walk you through the steps of applying for SR22 insurance, assist you in filling out and submitting forms, and answer your questions in a friendly and professional manner.